Telcos offer average salary hike of 7%; RCom doles out maximum hike
Wages across India's telecom sector have risen by an average 7% this year, with smaller companies loosening their purse strings a little more than their larger peers in a sluggish market, Economic Times reported.
The pay increase at market leader Bharti Airtel, which has seen its share slip lately, has been 4-5%, said two people familiar with budgeting at the company. The Sunil Mittal-controlled company has reported 13 consecutive quarters of profit decline, and has significantly lagged Vodafone India and Idea Cellular in capturing new market.
Read the full report here