Telecom Stock News
MTNL share price jumps 18% to 3-week high. What’s powering the upside?
Mahanagar Telephone Nigam Ltd. shares rose 18% to ₹51.20 after reports of earning ₹2,134.61 crore from land monetization. The shares have corrected 40% over the last eight months, following a period between July 2023 and July 2024 during which it witnessed a one-way spike of 315%.
1 min read13 Mar 2025Bharti Hexacom: Airtel in a small pack
Bharti Hexacom could potentially show higher growth as the circles in which it operates have a relatively lower tele density and lower internet penetration versus other parts of India.
3 min read12 Mar 2025Vodafone Idea shares slide over 6% amid subscriber losses in December
Vodafone Idea’s shares fell over 6% after losing 1.7 million wireless subscribers in December 2024. In contrast, Reliance Jio and Bharti Airtel gained subscribers. Vodafone Idea’s stock has dropped nearly 47% over the past year amid intense competition.
2 min read12 Mar 2025Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war
Bharti Airtel Ltd’s average revenue per user remained higher than Reliance Jio’s and grew faster in Q3. But as Jio has more subscribers, it stands to gain more in absolute revenue from future tariff hikes, leaving greater scope for an upside surprise in earnings.
2 min read19 Feb 2025Small-cap telecom stock jumps after THIS acquisition update. Do you own?
Stock Market today: Small-cap telecom stock Salasar Techno Engineering Limited gains in the intraday trades after THIS acquisition update. Do you own?
1 min read17 Feb 2025Supreme Court junks Bharti Airtel, Vodafone Idea’s pleas on miscalculation in AGR dues; stocks fall up to 4%
Bharti Airtel and Vodafone Idea had argued that the DoT made significant errors in its AGR calculations, failing to account for payments already made.
1 min read14 Feb 2025Vodafone Idea share price jumps 5% after these fresh divestments. Details here
Vodafone Idea shares rose over 5% on January 14 after new divestment updates. Omega Telecom acquired 1.08 billion shares, and Usha Martin Telematics secured 608 million shares, indicating significant changes in shareholding patterns and boosting investor sentiment.
2 min read14 Jan 2025Telecom Q3 results preview: Another healthy quarter likely led by residual flow-through tariff hike
JM Financial forecasts Jio’s ARPU to rise 4.5% QoQ to ₹204. Bharti Airtel is expected to see 4.8% QoQ growth in India wireless revenue and 5.8% QoQ growth in EBITDA, driven by a 4.7% ARPU increase to ₹244. Bharti Hexacom’s ARPU is set to grow 4.7% QoQ to ₹239.
3 min read9 Jan 2025Stock to buy: After eroding 55% of investor wealth in 2024, Vodafone Idea could rise 64%, suggests Citi’s target price
Citi has upgraded Vodafone Idea to ’buy’ with a target price of ₹13, following a government waiver on bank guarantees for spectrum payments. This relief is expected to enhance the telecom operator’s funding prospects and alleviate financial pressure after a significant decline in 2024.
2 min read1 Jan 2025Vodafone Idea to MTNL — why are telecom stocks skyrocketing?
Telecom stocks witnessed a sharp upsurge in early morning trade on November 26, amid reports that the Union Cabinet approved the waiving of bank guarantees for telecom operators. Vodafone Idea shares jumped 15% while MTNL stock gained 9%.
2 min read26 Nov 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared