The developments come at a time when the deadline for payment of the first installment of AGR dues is nearing - March 31, 2021.
Telcos have rallied 28% and 25%, respectively, since October 1, 2020
Analysts at ICICI Securities have a 'buy' rating on Airtel with a target price of Rs 700 per share
Gupta reckons that technology has only been harnessed partially so far. There are immense possibilities with languages and better internet penetration
With valuations at a premium, brokerages highlight the need for caution
The stocks of telecom firms are likely to react to the Trai data released on Wednesday that showed Bharti Airtel pipped Reliace Jio in mobile customer addition in October
Airtel tops with 3.8 million new subscribers to take base to 330.29 million, Jio adds 2.2 million; Vi lets go of 2.7 million
The firm bought out, recently, Tata group's 12.3 per cent stake in ATC Telecom Tower Infrastructure for Rs 2,480 crore, raising its stake to 91 per cent
While Vodafone Idea did not immediately react to charges, Airtel called complaint baseless and asked govt to dismiss it
Airtel is of the view that ARPUs would have touched Rs 200 already had the pandemic not happened, and believes that the company should get there in the next few months, Goldman Sachs report said
Bharti Airtel is not following Vodafone Idea's recent postpaid tariff hikes, the report said
Mittal is planning to invest $2 billion on a once bankrupt low earth orbit constellation satellite company OneWeb to put up more satellites
5G technology can effectively empower millions of Indians once the price becomes affordable
India is poised to derive full benefit of global investments on 5G standards in the coming two-three years, as equipment prices come down and devices become available, Sunil Mittal said
According to the latest Trai data, Reliance Jio added 1.5 million users while Vodafone Idea continued losing subscribers
Jio has 35.1 per cent market share, followed by Airtel (28.4 per cent), and Vodafone Idea (25.7 per cent).
The telecom operator has bought close to 133 million shares in the tower arm at Rs 216 apiece, for a total of Rs 2,870 crore.
The deployment of 5G-ready network started in June and will cover hundreds of sites.
He said telecom plays a critical role in all aspects - right from ensuring the seamless functioning of payment systems and work-from-home, to ensuring remote access to quality health care
Apart from double taxation benefits on dividend pass through, there would not be major benefit for Bharti Infratel as a combined entity, say analysts at ICICI Securities