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Bharti Airtel gains on entering into partnership with Zee5 Bharti Airtel is currently trading at Rs. 1610.00, up by 10.35 points or 0.65% from its previous closing of Rs. 1599.65 on the BSE. The scrip opened at Rs. 1617.15 and has touched a high and low of Rs. 1621.60 and Rs. 1599.00 respectively. So far 35506 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 959.80 on 21-Dec-2023. Last one week high and low of the scrip sto...
Bharti Airtel gains on entering into partnership with Zee5
Bharti Airtel gains on entering into partnership with Zee5
Source: Accord Fintech
2024-12-20 11:24:21 am
Bharti Airtel rises on partnering with Indian Army to bring connectivity in North Kashmir Bharti Airtel is currently trading at Rs. 1604.30, up by 2.85 points or 0.18% from its previous closing of Rs. 1601.45 on the BSE. The scrip opened at Rs. 1580.05 and has touched a high and low of Rs. 1609.70 and Rs. 1580.05 respectively. So far 129982 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 959.80 on 21-Dec-2023. Last one week high and low of the scrip sto...
Bharti Airtel rises on partnering with Indian Army to bring connectivity in North Kashmir
Bharti Airtel rises on partnering with Indian Army to bring connectivity in North Kashmir
Source: Accord Fintech
2024-12-19 02:01:57 pm
RailTel Corporation of India moves up on bagging work order from Central Warehousing Corporation Railtel Corporation Of India is currently trading at Rs. 445.15, up by 3.40 points or 0.77% from its previous closing of Rs. 441.75 on the BSE. The scrip opened at Rs. 445.00 and has touched a high and low of Rs. 452.80 and Rs. 445.00 respectively. So far 23991 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 279.00 on 21-Dec-2023. Last one week high and low of the ...
RailTel Corporation of India moves up on bagging work order from Central Warehousing Corporation
RailTel Corporation of India moves up on bagging work order from Central Warehousing Corporation
Source: Accord Fintech
2024-12-17 09:54:17 am
Indus Towers rises on entering into power purchase agreement with JSW Green Energy Eight Indus Towers is currently trading at Rs. 345.35, up by 1.75 points or 0.51% from its previous closing of Rs. 343.60 on the BSE. The scrip opened at Rs. 340.55 and has touched a high and low of Rs. 346.25 and Rs. 335.50 respectively. So far 176684 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 460.70 on 02-Sep-2024 and a 52 week low of Rs. 176.45 on 21-Dec-2023. Last one week high and low of the scrip stood at ...
Indus Towers rises on entering into power purchase agreement with JSW Green Energy Eight
Indus Towers rises on entering into power purchase agreement with JSW Green Energy Eight
Source: Accord Fintech
2024-12-13 02:48:12 pm
Over 95 pc of Indian villages have 4G mobile coverage: Centre Mobile network coverage in rural India has reached nearly 97 per cent and out of 6,44,131 villages, around 6,22,840 villages have mobile coverage and out of these, 6,14,564 villages are covered with 4G mobile connectivity, the Parliament was informed on Thursday.  Under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) of Ministry of Tribal Affairs, 4,543 particularly vulnerable tribal group (PVTG) habitations were identified as mobile uncovered and out of these, 1,136...
Over 95 pc of Indian villages have 4G mobile coverage: Centre
Over 95 pc of Indian villages have 4G mobile coverage: Centre
Source: IANS
2024-12-12 05:57:57 pm
Telecom PLI sees Rs 3,998 crore worth actual investment: Centre The production-linked incentive (PLI) scheme for telecom and networking products has witnessed Rs 3,998 crore worth actual investment (against Rs 4,014 crore as committed investment) by micro, small and medium enterprises (MSMEs) and non-MSMEs, the Parliament was informed on Wednesday.  Minister of State for Communications and Rural Development, Dr Chandra Sekhar Pemmasani, said in a written reply to a question in Lok Sabha that total 42 beneficiaries have been approved under the PLI ...
Telecom PLI sees Rs 3,998 crore worth actual investment: Centre
Telecom PLI sees Rs 3,998 crore worth actual investment: Centre
Source: IANS
2024-12-11 06:01:10 pm
RailTel Corporation of India inches up on bagging work order worth Rs 11.11 crore Railtel Corporation of India is currently trading at Rs. 435.50, up by 0.35 points or 0.08% from its previous closing of Rs. 435.15 on the BSE. The scrip opened at Rs. 435.35 and has touched a high and low of Rs. 438.50 and Rs. 432.95 respectively. So far 19971 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 279.00 on 21-Dec-2023. Last one week high and low of the ...
RailTel Corporation of India inches up on bagging work order worth Rs 11.11 crore
RailTel Corporation of India inches up on bagging work order worth Rs 11.11 crore
Source: Accord Fintech
2024-12-11 10:02:56 am
Telecom Sector Update : Robust industry growth; Bharti’s incremental RMS at ~49% in 2Q by Motilal Oswal Financial Services Robust industry growth; Bharti’s incremental RMS at ~49% in 2Q India’s telecom industry revenue (AGR including NLD) increased 8% QoQ to INR674b (+13% YoY) in 2QFY25, mainly driven by the flow-through of tariff hikes. The implied industry ARPU was up 9% QoQ to INR194/month, while industry subscriber base declined ~17m (~1.5%) QoQ. India’s telecom spends as a % of nominal GDP inched up to ~0.9% in 2Q (vs. 0.8% in 1Q), but still remained significantly below ~1.4% of GDP prio...
Telecom Sector Update : Robust industry growth; Bharti’s incremental RMS at ~49% in 2Q by Motilal Oswal Financial Services
Telecom Sector Update : Robust industry growth; Bharti’s incremental RMS at ~49% in 2Q by Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-12-10 12:04:05 pm
Tejas Networks rises on entering into contract with Vodafone Idea Tejas Networks is currently trading at Rs. 1360.00, up by 23.85 points or 1.78% from its previous closing of Rs. 1336.15 on the BSE. The scrip opened at Rs. 1355.00 and has touched a high and low of Rs. 1373.60 and Rs. 1352.00 respectively. So far 5958 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1495.10 on 27-Jun-2024 and a 52 week low of Rs. 652.05 on 28-Mar-2024. Last one week high and low of the scrip st...
Tejas Networks rises on entering into contract with Vodafone Idea
Tejas Networks rises on entering into contract with Vodafone Idea
Source: Accord Fintech
2024-12-10 09:50:16 am
Vodafone Idea moves up on launching super hero prepaid plan Vodafone Idea is currently trading at Rs. 8.14, up by 0.02 points or 0.25% from its previous closing of Rs. 8.12 on the BSE. The scrip opened at Rs. 8.15 and has touched a high and low of Rs. 8.28 and Rs. 8.10 respectively. So far 18001629 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19.15 on 28-Jun-2024 and a 52 week low of Rs. 6.60 on 22-Nov-2024. Last one week high and low of the scrip stood at Rs. 8.79 a...
Vodafone Idea moves up on launching super hero prepaid plan
Vodafone Idea moves up on launching super hero prepaid plan
Source: Accord Fintech
2024-12-09 11:59:25 am
RailTel Corporation rises on securing order worth Rs 16.22 crore Railtel Corporation Of India is currently trading at Rs. 441.90, up by 6.10 points or 1.40% from its previous closing of Rs. 435.80 on the BSE. The scrip opened at Rs. 439.75 and has touched a high and low of Rs. 445.00 and Rs. 436.80 respectively. So far 93833 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 279.00 on 21-Dec-2023. Last one week high and low of the ...
RailTel Corporation rises on securing order worth Rs 16.22 crore
RailTel Corporation rises on securing order worth Rs 16.22 crore
Source: Accord Fintech
2024-12-09 09:53:38 am
Will ensure level-playing field for telcos in satcom spectrum: Government The Centre on Wednesday said it will ensure a level-playing field for telecom service providers in spectrum assignment to satellite-based communications.  Minister of State for Communications, Dr Chandra Sekhar Pemmasani, said the Department of Telecom (DoT) has sought recommendations from TRAI on terms and conditions of satellite-based spectrum assignment. "The DoT grants authorisations under Unified License for providing satellite-based commercial communication services. Sat...
Will ensure level-playing field for telcos in satcom spectrum: Government
Will ensure level-playing field for telcos in satcom spectrum: Government
Source: IANS
2024-12-05 09:57:00 am
Steelman Telecom hits upper circuit on bagging work order worth Rs 147 crore Steelman Telecom is currently trading at upper limit of Rs. 154.80, up by 25.80 points or 20.00% from its previous closing of Rs. 129.00 on the BSE. The scrip opened at Rs. 138.00 and has touched a high and low of Rs. 154.80 and Rs. 138.00 respectively. So far 142800 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 204.80 on 24-Jul-2024 and a 52 week low of Rs. 114.05 on 05-Jun-2024. Last one week high and low o...
Steelman Telecom hits upper circuit on bagging work order worth Rs 147 crore
Steelman Telecom hits upper circuit on bagging work order worth Rs 147 crore
Source: Accord Fintech
2024-12-04 12:54:37 pm
Telecom Sector Update : BSNL`s subscriber gains moderate in Sep`24 By Motilal Oswal Financial Services Ltd The Telecom Regulatory Authority of India (TRAI) released the subscriber data for Sep’24. The key highlights are as follows: * Wireless subs: RJio inactive base clean-up led declines; BSNL’s gains moderate * Industry’s wireless subscribers declined by further 10.1m MoM (after 5.8m decline in Aug’24), largely due to the clean-up of inactive subscribers by RJio and the residual impact of SIM/spend consolidation after the tariff hikes by three private telcos in J...
Telecom Sector Update : BSNL`s subscriber gains moderate in Sep`24 By Motilal Oswal Financial Services Ltd
Telecom Sector Update : BSNL`s subscriber gains moderate in Sep`24 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-04 11:44:05 am
Telecom Sector Update : Strong 2QFY25; Bharti once again the biggest gainer p By Motilal Oswal Financial Services Ltd Strong quarter fueled by partial benefits of tariff hike flow-through As expected, 2QFY25 was a strong quarter for telcos, with 8% QoQ growth (17% YoY, in line) in wireless revenue for the three private telcos. Blended wireless ARPU was up 9% QoQ (+11% YoY), driven by partial benefits of Jul’24 tariff hikes. However, due to SIM consolidation after the tariff hikes, reported subscribers for private telcos declined by ~21m (-2% QoQ). We expect subscriber churn to moderate over the next...
Telecom Sector Update : Strong 2QFY25; Bharti once again the biggest gainer p By Motilal Oswal Financial Services Ltd
Telecom Sector Update : Strong 2QFY25; Bharti once again the biggest gainer p By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-04 09:42:32 am
RailTel inches up on bagging work order worth Rs 10 crore Railtel Corporation Of India is currently trading at Rs. 411.40, up by 1.15 points or 0.28% from its previous closing of Rs. 410.25 on the BSE. The scrip opened at Rs. 411.05 and has touched a high and low of Rs. 415.65 and Rs. 404.65 respectively. So far 35057 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 279.00 on 21-Dec-2023. Last one week high and low of the ...
RailTel inches up on bagging work order worth Rs 10 crore
RailTel inches up on bagging work order worth Rs 10 crore
Source: Accord Fintech
2024-12-02 09:53:55 am
India climbs up 11 slots to be among top 50 countries in Network Readiness Index 2024 The Network Readiness Index 2024 (NRI 2024) report has showed that India has improved its position by eleven slots and is now placed at 49th rank as against 60th rank scored in the NRI 2023 report. In its latest version of 2024, the report maps the network-based readiness landscape of 133 economies based on their performances in four different pillars: Technology, People, Governance, and Impact, covering a total of 54 variables.  India has not only improved its ranking, but also impro...
India climbs up 11 slots to be among top 50 countries in Network Readiness Index 2024
India climbs up 11 slots to be among top 50 countries in Network Readiness Index 2024
Source: Accord Fintech
2024-11-28 12:57:12 pm
RailTel shines on bagging order worth Rs 15.21 crore Railtel Corporation of India is currently trading at Rs. 405.95, up by 13.40 points or 3.41% from its previous closing of Rs. 392.55 on the BSE. The scrip opened at Rs. 397.00 and has touched a high and low of Rs. 411.80 and Rs. 391.85 respectively. So far 98128 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 273.60 on 30-Nov-2023. Last one week high and low of the...
RailTel shines on bagging order worth Rs 15.21 crore
RailTel shines on bagging order worth Rs 15.21 crore
Source: Accord Fintech
2024-11-27 12:54:42 pm
Government`s bank guarantee waiver to cut financial burden on telcos, boost digital infra Hailing the government’s landmark decision to waive bank guarantees for telecom spectrum acquired before 2022, industry players on Tuesday said such supportive policy measures are instrumental in creating an enabling environment for technological innovation and boost digital infrastructure, especially in rural areas.  The decision is expected to offer significant relief to leading telecom companies, especially Vodafone Idea, which collectively owe over Rs 30,000 crore in bank gu...
Government`s bank guarantee waiver to cut financial burden on telcos, boost digital infra
Government`s bank guarantee waiver to cut financial burden on telcos, boost digital infra
Source: IANS
2024-11-26 02:11:13 pm
Indian telecom tower firms to spend Rs 21,000 crore in FY 2025, 2026 to boost rural networks Independent telecom tower companies in India are likely to spend Rs 21,000 crore over fiscals 2025 and 2026 to support the telecom companies in expanding rural networks and improving service quality in urban areas, a report showed on Tuesday.  The push for better coverage and connectivity, along with rollout of 5G, had driven a Rs 23,000 crore capital expenditure (capex) over the past two fiscals as well, said the CRISIL Ratings report. “The industry witnessed robust addition...
Indian telecom tower firms to spend Rs 21,000 crore in FY 2025, 2026 to boost rural networks
Indian telecom tower firms to spend Rs 21,000 crore in FY 2025, 2026 to boost rural networks
Source: IANS
2024-11-26 01:57:18 pm
Industry hails SC granting telcos right to claim tax credits on infra duties Industry players on Wednesday welcomed the Supreme Court’s ruling in favour of telecom companies, which affirmed their entitlement to claim credit for duties paid on parts such as tower components and green shelters.  The judgement is likely to benefit key players like Bharti Airtel, Vodafone, Tata Teleservices, and Indus Towers, by allowing them to claim tax credits previously considered ineligible. The judgment was passed by a division bench of Justices B.V. Nagarathna and ...
Industry hails SC granting telcos right to claim tax credits on infra duties
Industry hails SC granting telcos right to claim tax credits on infra duties
Source: IANS
2024-11-20 06:18:04 pm
ITI gains on securing contract worth around Rs 95 crore ITI is currently trading at Rs. 294.10, up by 2.85 points or 0.98% from its previous closing of Rs. 291.25 on the BSE. The scrip opened at Rs. 299.05 and has touched a high and low of Rs. 301.60 and Rs. 287.85 respectively. So far 268773 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.35 on 17-Jan-2024 and a 52 week low of Rs. 210.20 on 25-Oct-2024. Last one week high and low of the scrip stood at Rs. 324.0...
ITI gains on securing contract worth around Rs 95 crore
ITI gains on securing contract worth around Rs 95 crore
Source: Accord Fintech
2024-11-19 11:07:32 am
Sterlite Technologies gains on winning Rs 2600 crore BharatNet project in Jammu & Kashmir Sterlite Technologies is currently trading at Rs. 120.80, up by 1.85 points or 1.56% from its previous closing of Rs. 118.95 on the BSE. The scrip opened at Rs. 118.35 and has touched a high and low of Rs. 122.00 and Rs. 116.35 respectively. So far 311475 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.95 on 17-Nov-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024. Last one week high and low of the scrip s...
Sterlite Technologies gains on winning Rs 2600 crore BharatNet project in Jammu & Kashmir
Sterlite Technologies gains on winning Rs 2600 crore BharatNet project in Jammu & Kashmir
Source: Accord Fintech
2024-11-13 03:31:02 pm
OnMobile Global shines on entering into partnership with DeOSphere Onmobile Global is currently trading at Rs. 82.30, up by 3.99 points or 5.10% from its previous closing of Rs. 78.31 on the BSE. The scrip opened at Rs. 78.80 and has touched a high and low of Rs. 82.93 and Rs. 78.31 respectively. So far 35398 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 123.95 on 16-Jan-2024 and a 52 week low of Rs. 59.70 on 28-Mar-2024. Last one week high and low of the scrip stood at Rs. ...
OnMobile Global shines on entering into partnership with DeOSphere
OnMobile Global shines on entering into partnership with DeOSphere
Source: Accord Fintech
2024-11-12 11:06:43 am
Dixon Technologies rises on starting manufacturing fixed broadband devices in collaboration with Nokia Dixon Technologies is currently trading at Rs. 15679.15, up by 50.00 points or 0.32% from its previous closing of Rs. 15629.15 on the BSE. The scrip opened at Rs. 15615.00 and has touched a high and low of Rs. 15775.35 and Rs. 15401.30 respectively. So far 10960 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 15,999.95 on 25-Oct-2024 and a 52 week low of Rs. 5207.25 on 13-Nov-2023. Last one week high and low of ...
Dixon Technologies rises on starting manufacturing fixed broadband devices in collaboration with Nokia
Dixon Technologies rises on starting manufacturing fixed broadband devices in collaboration with Nokia
Source: Accord Fintech
2024-11-11 10:59:23 am
Buy Bharti Airtel Ltd For Target Rs.1,900 By Motilal Oswal Financial Services Ltd Strong 2Q on tariff hike flow-through * Bharti Airtel (BHARTI) reported a strong 2QFY25, driven by flow-through of tariff hikes in the India wireless business (ARPU: +11% QoQ, vs. 7% QoQ for RJio) and robust incremental margins (~71% vs. 60% for RJio). * FCF generation (before spectrum prepayments) improved to INR98b as operational cash flows rose and capex moderated further. * Our FY25-26 earnings estimates are broadly unchanged. We build in FY24- 27 CAGR of ~13%/16% in consolidated...
Buy Bharti Airtel Ltd For Target Rs.1,900 By Motilal Oswal Financial Services Ltd
Buy Bharti Airtel Ltd For Target Rs.1,900 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-10 04:15:53 pm
Sterlite Technologies surges on emerging as lowest bidder from BSNL Sterlite Technologies is currently trading at Rs. 126.90, up by 4.80 points or 3.93% from its previous closing of Rs. 122.10 on the BSE. The scrip opened at Rs. 123.80 and has touched a high and low of Rs. 129.70 and Rs. 121.95 respectively. So far 93603 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 162.95 on 17-Nov-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024. Last one week high and low of the scrip st...
Sterlite Technologies surges on emerging as lowest bidder from BSNL
Sterlite Technologies surges on emerging as lowest bidder from BSNL
Source: Accord Fintech
2024-11-08 11:17:29 am
Bharti Airtel rings loud after joining hands with Indian Army Bharti Airtel is currently trading at Rs. 1600.25, up by 21.40 points or 1.36% from its previous closing of Rs. 1578.85 on the BSE. The scrip opened at Rs. 1583.95 and has touched a high and low of Rs. 1606.30 and Rs. 1565.90 respectively. So far 950949 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 929.30 on 10-Nov-2023. Last one week high and low of the scrip st...
Bharti Airtel rings loud after joining hands with Indian Army
Bharti Airtel rings loud after joining hands with Indian Army
Source: Accord Fintech
2024-11-06 02:54:31 pm
Neutral Indus Towers Ltd For Target Rs.385 By Motilal Oswal Financial Services Ltd Core performance slightly weaker * Indus’ 2QFY25 reported financials came in ahead of our estimate owing to a higher-than-estimated reversal of prior period bad debt provisions (INR10.8b vs. our estimate of INR5b). * vHowever, its core operational performance was slightly below with Indus’ recurring EBITDA at INR37.9b (+1% QoQ, +7% YoY), coming in ~2% below our estimate on lower tower net additions and weaker energy spreads.   * Tower additions further moderated QoQ ...
Neutral Indus Towers Ltd For Target Rs.385 By Motilal Oswal Financial Services Ltd
Neutral Indus Towers Ltd For Target Rs.385 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd Ltd
2024-11-05 09:30:24 am
Broadband sector to drive telecom industry growth, create new jobs The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years, according to a report on Tuesday.  The report by TeamLease Services, a people supply chain company, showed that the penetration of wired broadband in India currently stands at around 13 per cent. This figure is expected to accelerate as service providers prioritise broadban...
Broadband sector to drive telecom industry growth, create new jobs
Broadband sector to drive telecom industry growth, create new jobs
Source: IANS
2024-10-29 05:21:34 pm
India's Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs Bharti Airtel reported an over two-fold rise in its second-quarter profit on Monday, as the telecom operator's first tariff hike in over two years boosted its revenue per user. India's No.2 wireless carrier's consolidated net profit jumped 168% to 35.93 billion rupees ($427.49 million) in the July-September quarter. Bharti Airtel had a one-time loss of 8.54 billion rupees during the quarter resulting from a unit's foreign exchange loss due to currency devaluation. The...
India's Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs
India's Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs
Source: Reuters
2024-10-28 05:38:18 pm
Bharti Airtel inches up on securing CCI`s nod to raise stake in Indus Towers Bharti Airtel is currently trading at Rs. 1692.80, up by 1.05 points or 0.06% from its previous closing of Rs. 1691.75 on the BSE. The scrip opened at Rs. 1688.05 and has touched a high and low of Rs. 1701.25 and Rs. 1682.00 respectively. So far 44589 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip stoo...
Bharti Airtel inches up on securing CCI`s nod to raise stake in Indus Towers
Bharti Airtel inches up on securing CCI`s nod to raise stake in Indus Towers
Source: Accord Fintech
2024-10-23 01:58:44 pm
Telecom sector revenue may cross Rs 5 trillion in the next two years: Manish Sinha The DoT's apex decision-making body Digital Communication Commission Member Manish Sinha has said that telecom sector revenue may cross Rs 5 trillion in the next two years in line with the present growth trend fuelled by ease of doing business measures introduced by the government in the last 2-3 years. He mooted the idea of relooking at current practices of spectrum allocation and working on new methodologies like dynamic spectrum allocation, and for shorter duration to enhance spectrum ...
Telecom sector revenue may cross Rs 5 trillion in the next two years: Manish Sinha
Telecom sector revenue may cross Rs 5 trillion in the next two years: Manish Sinha
Source: Accord Fintech
2024-10-21 11:24:49 am
Bharti Airtel gains on completing deployment of additional spectrum Bharti Airtel is currently trading at Rs. 1705.90, up by 3.15 points or 0.18% from its previous closing of Rs. 1702.75 on the BSE. The scrip opened at Rs. 1704.95 and has touched a high and low of Rs. 1715.20 and Rs. 1685.00 respectively. So far 193505 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip sto...
Bharti Airtel gains on completing deployment of additional spectrum
Bharti Airtel gains on completing deployment of additional spectrum
Source: Accord Fintech
2024-10-18 03:34:51 pm
India to have 1.2 billion smartphone connections by 2030, half of them 5G India is projected to have 1.2 billion smartphone connections by 2030, with half of the users on 5G smartphones, according to a new report.  According to global mobile network body GSMA, the country is projected to have over 641 million 5G subscribers by 2030, growing at 49 per cent. “India will see an unprecedented growth in the number of 5G mobile subscribers, and an explosion of data usage in the next six years,” according to GSMA Intelligence projections. This st...
India to have 1.2 billion smartphone connections by 2030, half of them 5G
India to have 1.2 billion smartphone connections by 2030, half of them 5G
Source: IANS
2024-10-18 10:37:00 am
Sterlite Technologies inches up on entering into AI-led Data Centre segment with integrated optical portfolio Sterlite Technologies is currently trading at Rs. 123.90, up by 0.35 points or 0.28% from its previous closing of Rs. 123.55 on the BSE. The scrip opened at Rs. 124.90 and has touched a high and low of Rs. 124.90 and Rs. 123.40 respectively. So far 13766 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 170.00 on 20-Oct-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024. Last one week high and low of the scrip st...
Sterlite Technologies inches up on entering into AI-led Data Centre segment with integrated optical portfolio
Sterlite Technologies inches up on entering into AI-led Data Centre segment with integrated optical portfolio
Source: Accord Fintech
2024-10-17 10:08:55 am
HFCL rises on launching two revolutionary Unlicensed Band Radio products HFCL is currently trading at Rs. 135.90, up by 0.95 points or 0.70% from its previous closing of Rs. 134.95 on the BSE. The scrip opened at Rs. 135.00 and has touched a high and low of Rs. 137.75 and Rs. 134.55 respectively. So far 341998 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 171.00 on 23-Sep-2024 and a 52 week low of Rs. 61.52 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 141.55...
HFCL rises on launching two revolutionary Unlicensed Band Radio products
HFCL rises on launching two revolutionary Unlicensed Band Radio products
Source: Accord Fintech
2024-10-16 11:16:54 am
RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore Railtel Corporation Of India is currently trading at Rs. 426.00, up by 17.90 points or 4.39% from its previous closing of Rs. 408.10 on the BSE. The scrip opened at Rs. 411.00 and has touched a high and low of Rs. 428.80 and Rs. 411.00 respectively. So far 123483 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 202.45 on 26-Oct-2023. Last one week high and low of th...
RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore
RailTel Corporation of India soars on receiving work order worth Rs 79.84 crore
Source: Accord Fintech
2024-10-16 10:08:58 am
PM Narendra Modi inaugurates 8th ITU-WTSA, highlights India's telecom revolution Prime Minister Narendra Modi inaugurated the 8th edition of the International Telecommunication Union-World Telecommunication Standardization Assembly (ITU-WTSA) at Bharat Mandapam in New Delhi on Tuesday, emphasising India's rapid strides in telecom and digital technology.  Along with the 8th edition of the ITU-WTSA, the Prime Minister also inaugurated the 8th edition of the India Mobile Congress (IMC), with the theme, 'The Future is Now'. Addressing the assembly, PM M...
PM Narendra Modi inaugurates 8th ITU-WTSA, highlights India's telecom revolution
PM Narendra Modi inaugurates 8th ITU-WTSA, highlights India's telecom revolution
Source: IANS
2024-10-15 01:01:15 pm
Exclusive-Ericsson gets new 5G contract from India's Bharti Airtel, sources say Swedish telecom gear maker Ericsson has received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel, two sources familiar with the matter said. This comes after Ericsson got part of a $3.6 billion contract last month for selling 5G equipment to India's Vodafone Idea. It shared the contract with Nokia and Samsung. The new contracts are expected to boost Ericsson's revenue next year after seeing a big fall in contracts from India in the fir...
Exclusive-Ericsson gets new 5G contract from India's Bharti Airtel, sources say
Exclusive-Ericsson gets new 5G contract from India's Bharti Airtel, sources say
Source: Reuters
2024-10-14 04:00:57 pm
India enters top league globally in filing 6G tech patents After successfully deploying 5G across the nation in record time, India is fast advancing on 6G technology, and now ranks in the top league when it comes to filing patents related to 6G.  The country now ranks among top six in global 6G patent filings. Prime Minister Narendra Modi has envisaged India to be a front-line contributor in the design, development and deployment of 6G technology by 2030. Under the 'Bharat 6G Vision', the government is already evaluating 470 propos...
India enters top league globally in filing 6G tech patents
India enters top league globally in filing 6G tech patents
Source: IANS
2024-10-14 11:12:31 am
Internet subscribers in India reach 969.6 million, average revenue per user grows  The total number of Internet subscribers in India increased from 954.40 million to 969.60 million in the April-June quarter, registering a quarterly rate of growth of 1.59 per cent, the government said on Wednesday.  Out of 969.60 million internet subscribers, number of wired Internet subscribers are 42.04 million and number of wireless Internet subscribers are 927.56 million, as per data by the Telecom Regulatory Authority of India (TRAI). The broadband Internet subscriber b...
Internet subscribers in India reach 969.6 million, average revenue per user grows
Internet subscribers in India reach 969.6 million, average revenue per user grows
Source: IANS
2024-10-10 09:26:38 am
Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh Bharti Airtel is currently trading at Rs. 1663.00, up by 22.25 points or 1.36% from its previous closing of Rs. 1640.75 on the BSE. The scrip opened at Rs. 1656.95 and has touched a high and low of Rs. 1669.40 and Rs. 1643.65 respectively. So far 757193 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023. Last one week high and low of the scrip st...
Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh
Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh
Source: Accord Fintech
2024-10-07 01:58:16 pm
Telecom Sector Update : Strong quarter led by tariff hikes By JM Financial Services We expect Jio, Bharti India wireless, BHL and VIL’s 2QFY25 EBITDA to grow by 10-14% QoQ, assuming that impact of most of the tariff hike (of 15-17%, announced in the 1 st week of Jul'24) will be reflected in 2QFY25 while the full impact is likely to be visible only by 3QFY25. Further, ARPU growth for all players will also be aided by one more day during the quarter and the ongoing upgrades to smarthphone/post-paid plans. However, all these private telcos are expected to record net w...
Telecom Sector Update : Strong quarter led by tariff hikes By JM Financial Services
Telecom Sector Update : Strong quarter led by tariff hikes By JM Financial Services
Source: JM Financial Services
2024-10-06 05:37:22 pm
Airtel prepays Rs 8,465 crore to clear liabilities for spectrum acquired in 2016  Leading telecom service provider Bharti Airtel on Monday said it has prepaid Rs 8,465 crore to the government to clear high-cost deferred liabilities for spectrum acquired in 2016.  The telecom operator prepaid the amount to the Department of Telecom (DoT) with an interest rate of 9.3 per cent, it said in a statement. In June this year, Bharti Airtel prepaid Rs 7,904 crore to the DoT to clear high-cost deferred liabilities for spectrum acquired in 2012 and 2015. In a stock ex...
Airtel prepays Rs 8,465 crore to clear liabilities for spectrum acquired in 2016
Airtel prepays Rs 8,465 crore to clear liabilities for spectrum acquired in 2016
Source: IANS
2024-09-30 04:10:14 pm
Avantel zooms on bagging purchase order worth Rs 44.49 crore Avantel is currently trading at Rs. 183.15, up by 11.55 points or 6.73% from its previous closing of Rs. 171.60 on the BSE. The scrip opened at Rs. 176.10 and has touched a high and low of Rs. 193.00 and Rs. 176.10 respectively. So far 837645 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 223.80 on 09-Jul-2024 and a 52 week low of Rs. 78.64 on 29-Sep-2023. Last one week high and low of the scrip stood at Rs. 19...
Avantel zooms on bagging purchase order worth Rs 44.49 crore
Avantel zooms on bagging purchase order worth Rs 44.49 crore
Source: Accord Fintech
2024-09-30 11:49:48 am
India set to host its 1st World Telecommunication Standardisation Assembly next month World telecom leader, experts and academia from more than 190 countries are set to attend the 10-day World Telecom Standardisation Assembly (WTSA2024) in India next month, as the country becomes a global leader in telecom-related technologies.  The ‘WTSA 2024’ is being held for the first time in the International Telecommunication Union (ITU) history of 150 years in the national capital from October 14-24. According to DoT, India hosting the ‘WTSA-2024’ is a...
India set to host its 1st World Telecommunication Standardisation Assembly next month
India set to host its 1st World Telecommunication Standardisation Assembly next month
Source: IANS
2024-09-27 03:58:48 pm
RailTel Corporation surges on bagging work order worth Rs 155.71 crore RailTel Corporation is currently trading at Rs. 470.75, up by 9.45 points or 2.05% from its previous closing of Rs. 461.30 on the BSE. The scrip opened at Rs. 474.05 and has touched a high and low of Rs. 478.85 and Rs. 469.15 respectively. So far 104066 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.00 on 12-Jul-2024 and a 52 week low of Rs. 200.30 on 09-Oct-2023. Last one week high and low of the scrip st...
RailTel Corporation surges on bagging work order worth Rs 155.71 crore
RailTel Corporation surges on bagging work order worth Rs 155.71 crore
Source: Accord Fintech
2024-09-27 12:30:47 pm