Telecom Bharti Airtel Vodafone Idea

Major telecom service providers in India Reliance Jio, Bharti Airtel appear to be prioritising 4G expansion over 5G

Supreme Court will consider curative petitions from Bharti Airtel and Vodafone Idea, among other telcos, in a closed session on Friday

Reliance Jio and Airtel have hiked tariffs by 10% to 25% following a subdued response to the recent government spectrum auction

If this sale is successful, Bharti Airtel will become the majority stakeholder in Indus Towers with a 52% shareholding

On June 19, Vodafone sold 18 per cent stake in Indus Towers for Rs 15,300 crore to repay debts. Post stake sale, Vi's holding in Indus Towers stood at 3.1 per cent

Reliance Jio clocked in 3.6 million new subscribers and Bharti Airtel added 2.8 million subscribers in March 2024, while Vodafone Idea loss 0.6 million

IIFL Securities has also upgraded Indus Towers stock to 'Buy' with a target of Rs 379, and has raised Bharti Airtel stock's target price to Rs 1,379

Analysts say while the fundraising could strengthen Vodafone Idea's infrastructure, the company faces challenges on the financial front

India leads as the highest data consumption market globally, with a per-capita consumption of 25 gigabytes per month

The govt is of the view that the troubled VI should be given adequate time to raise funds, especially now that potential investors are comfortable knowing that the govt is also taking equity in VI

Indian telecom providers are introducing international roaming packages for postpaid customers with competitive prices as Vodafone Idea reports financial troubles

Shares of Vodafone Idea jumped nearly 10 per cent in morning trade on Friday after Aditya Birla Group Chairman Kumar Mangalam Birla returned to the board of the debt-ridden firm as an additional director in a non-executive and non-independent role. The stock of the telecom firm zoomed 9.73 per cent to Rs 6.65 on the BSE. At the NSE, it jumped 9.91 per cent to Rs 6.65. Birla had stepped down from Vodafone Idea Ltd (VIL) board in August 2021 as non-executive chairman of the company. "...the board of directors of the company...at its meeting appointed Kumar Mangalam Birla, as an additional director (Non-Executive and Non-Independent) with effect from 20 April 2023," VIL said in a regulatory filing on Thursday. VIL is reeling under a debt of Rs 2.22 lakh crore, comprising deferred spectrum payment obligations of Rs 1.39 lakh crore and adjusted gross revenue liability of Rs 69,910 crore that are due to the government. The debt from banks and financial institutions stood at Rs 13,190 c

Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter (Q2FY23) numbers

With organic cash flow, ongoing rights issue, strategic stake sale, improved market structure in India wireless, and easier 5G spectrum payment terms, Bharti remains well-placed to compete with R-Jio

Vodafone Idea can jump up to 40% from current levels, while Bharti Airtel may see a 6 per cent rise.

SBI share price skidded 3 per cent to Rs 443 on the BSE in the intra-day trade today as analysts worry that Voda Idea's precarious position may hit the lender's asset quality going ahead

While the Street has given a thumbs down to the development, technical charts suggest a completely different picture. MTNL has the best chart formation among the lot.

Reliance Jio announced a range of postpaid plans, including many firsts such as in-flight mobile connectivity

The stock hit a 15-month high of Rs 13.45 on Friday, zooming 75 per cent from Rs 7.69, touched in the intra-day trade on September 1

According to media reports, US wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in Vodafone Idea