ICRA Upgrades Telecom Tower Industry Outlook to Stable Amid Improved Payments ...Middle East

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ICRA Upgrades Telecom Tower Industry Outlook to Stable Amid Improved Payments
source : Devdiscourse ( Middle East ) () 30
The Investment Information and Credit Rating Agency (ICRA) announced a revised outlook for the telecom tower industry, upgrading it from negative to stable. This change, announced on Monday, stems from timely payments by key customers and the clearance of overdue amounts, effectively improving the receivables cycle of these companies.

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