Saturday 28 April 2018

Stock Updates on Telecom Market


Telecom Market

Price competition in the Indian telecom market (company under telecom sector are Bharti Airtel, Idea, Infratel, Vodafone, Reliance Jio) is expected to ease beyond the short term horizon. The combination of Indus Towers with Infratel (Bharti Infratel) announced reflected the ‘fierce price competition’ in the Indian telecom market that has prompted consolidation & incumbents to sell assets to raise funds.



The merger deal of Indus Towers & Bharti Infratel will create a USD 14.6 billion firm with world's second-largest number of mobile masts.The merged entity will have in its fold more than one lakh sixty three thousand towers across India which will be largest after China Tower. Airtel and Vodafone will jointly control the combined firm.



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