Tue, Dec 17, 2024
Leading telecom operator Vodafone Idea (Vi) on Tuesday outlined its strategy to consolidate its position in the Kolkata and Rest of Bengal (RoB) circles by enhancing its 4G network footprint, focusing on digitalisation, and expanding its retail presence.
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Tue, Dec 10, 2024
Vodafone Idea shares rose by 2% after the company's board approved a Rs 1,980 crore preferential issue. This decision aims to strengthen the company’s financial position. Watch to learn more about Vodafone Idea’s latest move and its impact on the stock.
Mon, Dec 09, 2024
Private sector telecom operator Vodafone Idea's board on Monday cleared a proposal to raise Rs 1,980 crore through preferential shares.
Tue, Feb 09, 2021
Stock Market Closing Bell: On account of profit-booking the Indian indices pared its early morning gains and finally ended in red zone after the closing bell. The BSE Sensex slide 19 points and closed at 51,314 after making an intraday high of 51,829.
Fri, Feb 05, 2021
Bharti Airtel India wireless business was marked by a strong net subscriber addition of 14.2 mn, well above our expectations and ahead of Jio’s reported number of 5.2 mn, higher ARPUs at Rs166, 7/11% qoq increase in voice/data volumes and further expansion of network. Africa business reported a sustained 22% yoy growth in revenues and highest-ever EBITDA margins at 46.9%.
Fri, Jan 29, 2021
Motilal Oswal highlights that the Telecom industry added 3.4 mn gross subscribers in Nov’20 to reach a subscriber base of 1.15 bn (v/s just 3.2 mn adds in Oct’20). Continuing the trend, Bharti Airtel has added higher gross and 4G subscribers vs Reliance Jio in the past four months. An increase in the gross subscriber base for Bharti Airtel /Reliance Jio stood at 4.4 mn / 1.9 mn in Nov’20 (v/s 3.7mn / 2.2 mn adds in Oct’20).
Mon, Jan 25, 2021
Vi vs Jio vs Airtel-Cheap prepaid plans: As many people are working from home amid the COVID -19 Pandemic in the country, internet usage and calling habits have been increased phenomenally. Due to frequent use, prepaid recharge plans are getting exhausted too early which, in the end, affects your pocket as you have to pay more and more.
ICICI Securities highlights that in Q2 FY21, consumer spends on mobile services (post GST) rose 4.5% QoQ / 23.9% YoY to Rs 373 bn on relaxation of lockdown. Postpaid net revenue improved 3.6% YoY, but is still down 1.4% YoY due to no material tariff hike unlike in the prepaid segment. Prepaid net revenue grew 7.5% QoQ / 35.8% YoY and ARPU rose 7.1 QoQ / 34.3% YoY to Rs 90. 4G subscriber (sub) addition accelerated to 4.6% QoQ (net add: 29.5 mn) to 676mn on higher shipment of smartphones.
Thu, Jan 14, 2021
CLSA reiterates their Buy recommendation on Bharti Airtel with target price of Rs 730. Bharti Airtel remains CLSA’s top pick in Telecom Sector. In 2020, despite Reliance Jio gaining market share to 37% (increase by 4ppt), Airtel gained 2ppt market share to 32% and its ARPU was up 27%. 35% growth in Airtel’s data subscribers and tariff hikes will lead to continued growth. CLSA forecast a consolidated EBITDA CAGR of 16% over FY21-23E and the stock is inexpensive at a 10% discount to its five-year average EV/EBITDA.
Wed, Jan 13, 2021
Domestic stocks markets erased the early morning gains and turned flat on Wednesday, January 13, 2021. At 12:54 noon, the S&P BSE Sensex was trading 22.54 points, or 0.4% up at 49,539.35, while Nifty 50 index was trading at a gain of 20.40 points, or 0.14%, at 14,583.85.
Fri, Jan 08, 2021
Bharti Airtel's network recorded the top median download speed during August to October 2020, followed by Vodafone Idea, according to broadband service analytics firm Tutela. Vodafone Idea had the fastest upload speed during the same period, said Tutela, which claims to collect data from third-party mobile apps
Mon, Jan 04, 2021
One key trend witnessed in 2020 was faster adoption of home broadband services. In the last six months to October, nearly four lk users were added every month. This was owing to two factors – Covid and cheaper plans. This will continue to result in faster adoption of broadband in India even in 2021. The outbreak of Covid-19 induced the culture of working and studying from home. Along with this in September, new broadband plans introduced by operators aided the growth. Operators not only introduced lower-end plans, but also started giving unlimited data.
Fri, Dec 25, 2020
Market expert Rajat Bose recommended Borosil Limited, a stock that has been seeing a good rally over the last 3 trading sessions. The outlook of this stock is good and it is now positioned well to see an upward move, Bose said. He added that it looks very strong on the charts, especially from the long term perspective
Tue, Dec 15, 2020
Indian private telecom operators are engaged in a bitter war of words after Reliance Jio wrote a letter to TRAI complaining against Bharti Airtel and Vodafone's anti MNP competitive advertising during the ongoing farmers protest. Jio has alleged that telcos are spreading rumours that Jio and it's parent company will benefit from new farm bills
Fri, Dec 11, 2020
Vodafone recharge plan: A special Vodafone offer has just been launched for its customers where a single recharge of Rs 948 will cover five people. Considering that most family members have more than one smartphone handy, this Vodafone recharge plan can certainly make things a whole lot simpler for everyone concerned
Tue, Dec 01, 2020
Vodafone Idea postpaid plan rates: Telecom operator Vodafone Idea has raised the price of select postpaid plans by Rs 50 in the UP East circle.
India's home broadband segment has been "highly underpenetrated" for years due to a weak wired infrastructure, execution woes, and high investment requirements, but Jio's entry, with aggressive targets, has drawn attention of all to the opportunity the market holds, according to a report
Wed, Nov 25, 2020
CLSA sees Bharti Airtel as well placed to play sector’s growth with 4G penetration at 52% of its subscribers and leading ARPUs. Vodafone Idea has lost 22 ppt share from peak. TRAI data reveals sector revenues during Q2 FY21 were up 26% YoY / 5% QoQ and are up 33% from lows of Q4 FY19. Vodafone Idea’s share loss decelerated to 40 bps QoQ, but it has lost 22 ppt revenue market share from peak.
Mon, Nov 23, 2020
Have you heard about eSIM? Do you know what is eSIM? In this day and age when everything is being converted into an electronic format instead of keeping it in a physical form, the humble eSIM comes to the fore. Riding the wave is the telecom industry which has started giving eSIMs.
Tue, Nov 03, 2020
Bharti Airtel’s ARPU at Rs 162 is 12% higher than Jio and 24% higher than Vodafone Idea and industry sees ARPU headed to over Rs 200.
Fri, Oct 30, 2020
ARPUs for Q2 FY21 coming in at Rs 119, still lower than the Q4 FY20 ARPU of Rs 121.
Thu, Oct 29, 2020
Vodafone Idea has narrowed its consolidated net loss for the quarter ending September to Rs 7,218.2 crore.
Vodafone Idea on Thursday reported significant narrowing of losses to about Rs 7,218 crore for the September quarter, and said signs of recovery were visible with gradual improvement in economic activities.
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