Vodafone Idea's ARPU at Rs 109 is nearly 20 per cent lower than Bharti Airtel. CLSA expects the company's ARPU to grow by 30 per cent by FY22, underpinned by tariff hikes
Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt
Telecom stocks have been in limelight since the past few weeks - be it Jio Platforms selling stake to marquee global investors or Google eyeing stake in Voda Idea. Here are the key levels to track
Among the Asian economies, the ensuing decline in trade and tourism could impact Thailand, Singapore, Malaysia and Korea the most - in that order, and Indonesia and India the least
The Supreme Court had on Friday dismissed the petitions of Bharti Airtel and Vodafone Idea seeking a staggered option to pay their AGR-related dues
Supreme Court on Friday rejected the telecom companies' plea seeking new schedule of adjusted gross revenue (AGR) payments.
A total of 946 companies, including ONGC, Embassy Office Parks REIT, and Fortis Healthcare are scheduled to announce their December quarter earnings today
With this, the telcos will have to together pay an estimated Rs 1.47 trillion in AGR dues that include penalties and interest on penalties by January 23.
The trading volumes on the counter jumped 6-fold with a combined 68 million equity shares representing 1.3 per cent of total equity of the company changing hands on the NSE and BSE.
After Jio's tariff hike announcement, RIL is on the verge of hitting the Rs 10 trillion m-cap mark
Tariff hikes may not be across the board but in a few key segments, say experts
Bruised by fierce competition to keep prices low, the tariff hike announced by the two companies is the first in several years and follows record second-quarter losses reported by the two operators
Last week, in a major blow to the incumbent telecom players, Bharti Airtel and Vodafone-Idea, the Supreme Court ruled that the existing definition of AGR will prevail.
Reliance Jio Infocomm Ltd added 10.5 million subscribers to its network, making it the third biggest in the country
In FY17, the combined average revenue per user (ARPU) of the incumbent telcom operators fell by 20%
Vodafone India indicated in its results that it was witnessing early signs of stabilisation in data