TELECOM TARIFF WARS MAY HURT 5G LAUNCH IN INDIA

HIGHLIGHTS

• The CCI report says that 5G would be rolled out in India through spectrum allocation.
• Compared to other countries, the cost of radio airwaves is expensive in India.

With India’s telecom sector going through tough tim...

SCRAP 2G TELECOM SERVICES SAYS MUKESH AMBANI

Highlights

• Reliance Jio has already started working towards development of its 5G network services

• These statement was given by Mukesh Ambani while speaking at the Desh Ki Digital Udaan

• Reliance is the only Indian telecom operator which doesn&rsq...

AGR CASE: SC RESERVES ORDER ON PAYMENT TIMELINE; VODA IDEA STOCKS FALL 9%

Highlights

• Shares of Vodafone Idea were trading at Rs 8.24, while Bharti Airtel was at Rs 577

• The next hearing of the AGR case is scheduled on August 10, 2020

• The Supreme Court directed the DoT to submit insolvency proceedings details of companie...

SENSEX SURGES 350 POINTS, NIFTY HOVERING AROUND 11,000

Highlights

• The S&P BSE Sensex is trading at 37,278.47 points, while the benchmark Nifty50 is at 10,980.65

• HDFC Bank and Vodafone Idea were top Sensex gainers in the first trading session if this week with growth of 5 percent and 6 percent respectively

VODAFONE IDEA POSTS LOSS OF RS 73,878 CRORE: HISTORIC ANNUAL LOSS IN INDIA

Highlights

• According to the March quarter results, Vodafone Idea posted loss of Rs 11,643.5 crore for the last quarter of 2019-2020

• The reasons cited by the company for this loss are loss of subscribers, high finance costs and a one-time charge due

&bul...

SENSEX JUMPS 150 POINTS, NIFTY ABOVE 10,300

Highlights

• The S&P BSE Sensex is trading at 35,144.98 points, while the benchmark Nifty50 is at 10,356.35 levels

• Reliance Industries, Axis Bank, ITC and HDFC were top Sensex gainers in the first trading session with growth of 1 percent, on the other hand, NTP...

HOW VODAFONE IDEA’S LOSS OF 3.5 MN SUBSCRIBERS BECAME JIO'S GAIN?

Highlights

• In the month of February, Reliance Jio added 6.26 million new subscribers, followed by Bharti Airtel managing to add 920,000 users

• Reliance Jio held 32.9 percent share in terms of subscriber market for wireless services, while Bharti Airtel held 28.35 ...

SENSEX GAINS 150 POINTS, NIFTY RECLAIMS 10,400 LEVELS

Highlights

• The S&P BSE Sensex is trading at 35,125.07 levels, while the benchmark Nifty50 is at 10,358.60 levels

• With 4 percent growth, Tata Steel was the top Sensex gainer in the early morning trading session on Tuesday followed by IndusInd Bank, Bajaj Finan...

SC TO TELCOS: COME UP WITH A REASONABLE PAYMENT PLAN, GOVT NEEDS MONEY DURING PANDEMIC

Highlights

• The Supreme Court reminded that telecom is the only sector that has earned money in the period of pandemic

• Vodafone Idea said they are not in state to furnish bank guarantee and have incurred losses worth Rs 1 lakh crore

• DoT told the S...

SENSEX UP BY 200 POINTS, NIFTY STABLE AT 10,100

Highlights

• The S&P BSE Sensex was trading at 34,146.97 points, while the benchmark Nifty50 index is at 10,094.80 levels

• In the morning trading session, HCL Tech and HDF were the top Sensex gainers with growth of 1 percent each, on the other hand, Tata Steels ...

VODAFONE IDEA SHARES DOWN BY 16 PERCENT AFTER WITNESSING AN UNPRECEDENTED RUN

Highlights

• Vodafone Idea shares surged 129 percent in last 10 sessions, following reports of Google eyeing a stake of 5 percent in the telecom company

• Vodafone Idea had clearly stated that no such proposal is in front of the board of the firm

• Acc...

VODAFONE IDEA SHARE PRICE JUMPS 20 PERCENT, YIELDS 129 PERCENT IN 10 SESSIONS

Highlights

• On May 26, 2020, the price of Vodafone Idea share was Rs 5.50 which has been now jumped to Rs 12.62 after touching intraday high

• Share price of Vodafone Idea started witnessing rise in its share price after reports claimed that Google is willing to buy...

VODAFONE IDEA SHARE RIDING HIGH ON REPORTS OF GOOGLE EYEING A STAKE

On Thursday, a report said Google’s parent company Alphabet Inc. is planning to invest in Vodafone Group Plc's telecom business in India. Riding on these reports, the shares of Vodafone Idea surged by nearly 35 percent in the Friday morning trading session.
Vodafone Idea shares j...

Telecom companies were hungry for money, your mobile bill could grow to 30 per cent

KOLKATA: The country's billion-plus mobile users may have to plan for more dramatic increases in telecommunications bills by the end of 2020 itself with telcos likely to raise rates by another 25-30 per cent with average revenue per user (ARPU) still small and overall telecom-related consumer...

Vodafone to not use rights issue proceeds for spectrum payments after DoT relief

NEW DELHI: Vodafone Idea Ltd Board of Directors has approved the company's proposal to amend the use of its proceeds from the rights issue, including interest, by using TER2,826 crore to repay loans, to reimburse non-convertible debentures. That follows a two-year moratorium on late payment l...

Unless the govt. mediates, Indian media transmission can tear towards a duopoly

Once a spirited market with over a dozen corporations, India’s telecommunication trade is also quickly moving towards a duopoly of kinds.

Unprecedented losses within the Sept quarter have solid a shadow on the operations of Vodafone plan, India’s third-biggest telecommunicat...

Vodafone says not leaving India, calls gossipy tidbits about its exit outlandish.

There are some bizarre bits of gossip doing adjusts in the Indian telecom industry. As indicated by a report by a news office, Vodafone is, which is one of the greatest telecom organizations in India, may leave the Indian market since its misfortunes are mounting. In the event that it leaves, it ...

Telecoms tank at the market

The telecom companies in India have been under significant problems with the spectrum allotment scams and the bribery and the 2G scandal, all these have given the telecom sector a bad a name and a bad reputation that it has not been able to shake up and get their businesses in order to earn profi...

Voda-Idea bonds on the rise

Bonds have been investors' favorite as they have high yields and better dividends than stocks. Trading in bonds is quite popular and is done by the experienced traders and brokers as they are not volatile, and their payout is the yields that they earn, not the sellout price like that of the s...

Latest share update: Telecom shares and GTPL Hathway shares climb up 14%

The Monday afternoon session at the stock market drew attention to the gains on the Telecom shares. According to the latest report, the shares of GTPL Hathway rose to 14.05 percent, whereas Aksh Optifibre climbed up to 4.01 percent, Vodafone Idea was up to 3.17 percent and Tejas Networks gained u...