In past six trading days, the stock of telecom services provider has rallied 24 per cent after the company had increased its prepaid tariff by 20-25 per cent from November 25, 2021.
The SGX Nifty indicates a quiet start for our markets this morning
The subscriber base of Airtel stood at 35.44 crore in September as against 35.41 crore users in August
NBFCs may be in focus today on reports of 17 per cent YoY growth in sanctioned loans in Q2FY22
The company is also in talks with banks and investors for raising funds, an official said
Amaraja Batteries, Apollo Hospitals, Ashok Leyland, Bharat Forge, BPL, Glenmark Pharma, Hero MotoCorp, Vodafone Idea, National Aluminium, Reliance Capital, SpiceJet and Suzlon are some of the stocks
The pricing per se of JioPhone Next is not disruptive given the slew of smart phones already available in Rs 5,000-7,000 range, said ICICI Sec in a note
The urgency around tariff hikes has come down with Vodafone Idea Ltd's (VIL) near-term cash outflow significantly reduced, IIFL Securities said.
The government announced a relief package for the telecom sector, providing a near term liquidity solution, particularly helpful to VIL, and addressed multiple long term issues of the sector.
The downgrade reflects a substantial decline in the company's subscriber base. It lost 12.40 million subscribers during Q1FY22
Vodafone Idea Q1 Preview: Voda Idea's fundraising plans and commentary on average revenue per user (ARPU) trajectory ahead will remain key monitorables for experts and investors alike
It is learnt that the department is likely to consult an external agency for the revival package that is expected to provide relief to the sector besides being a lifeline for Vodafone Idea
Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual
The top court had on July 19 said it would pass orders on the applications filed by the telecom majors
Vodafone Idea Ltd (VIL) on Monday said it will be sending a "suitable clarification" to the telecom department
Western UP alone accounted for over 3.7 million of the 3.8 million plus gross subscriber addition in January
India''s largest telecom operator Reliance Jio''s subscriber base stood at 40.82 crore as on November 2020, as per monthly telecom subscription data released by sector regulator TRAI
Nokia on Thursday said it has partnered with Vodafone Idea Ltd (VIL) to offer technology solutions to the latter's enterprise division customers.
Vodafone Idea may see a rally in the direction of Rs 15 shortly if it manages to breakout above 100-WMA.
Vodafone Group will hold 28.12 per cent stake in the merged entity, while the holding of Airtel Group will be about 36.7 per cent