Telecom shares firm up on new TRAI national roaming plans

Reliance Communications, Idea Cellular and Bharti Airtel are up 1-2% on BSE.

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SI Reporter Mumbai
Last Updated : Jun 18 2013 | 9:45 AM IST
Shares of telecom services provider are trading higher by up to 2% in otherwise subdued market after the Telecom Regulatory Authority of India (TRAI) announced reduction in the national mobile phone roaming charges, but said there will be no free national roaming as of now.

The telecom regulator has also come out with conditional free national roaming plans, a move that will bring down cellphone roaming charges. The changes will come into effect from July.

Among the individual stocks, Reliance Communications and Idea Cellular are up nearly 2% each at Rs 113 and Rs 142 respectively, while Bharti Airtel is up 1% at Rs 300 on BSE. 
 

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First Published: Jun 18 2013 | 9:38 AM IST

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