Demand artificially increased by subsidies is not sustainable. Already we hear people complaining about "fare hike" when in actuality fare is merely edging closer to market price through more accurate pricing.
People already making noise with pricing that seek to cover operating cost, profit sounds far fetched.
Profitability means moving away from subsidising services and that will lead to a massive drop off in users.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments