Cash Flow VariabilityVariability in operating cash flow and free cash flow reduces predictability of funds available for sustained capex, network upgrades or strategic initiatives. In a capital-intensive broadband business, inconsistent cash generation can constrain long-term investment and operational planning.
Modest Revenue GrowthLow single-digit revenue growth in the latest year suggests limited organic expansion in a competitive market. Without stronger ARPU gains, geographic expansion, or service diversification, sustaining meaningful earnings growth over the medium term will require successful execution and incremental investment.
Inconsistent Return On EquityVariability in ROE implies inconsistent capital efficiency and uneven profitability on shareholders' equity. This may reflect episodic investments, margin pressure, or operational swings, making it harder for investors to expect steady returns from equity over the medium term.