 |
Hot Pursuit
26-Feb-20
|
|
|
|
|
|
|
|
|
|
|
|
Telecom stocks slide after TRAI data
|
|
The Telecom Regulatory Authority of India (TRAI) released telecom subscription data for December 2019 on Tuesday, 25 February 2020.
|
|
|
|
|
|
Reliance Jio Infocomm, controlled by Reliance Industries (RIL) recorded a sharp fall in mobile phone user additions in December 2019. Jio added 82,308 mobile users, taking its subscriber base past 37 crore in December. This was lower than 91 lakh and 56 lakh customer additions reported by the company in October and November respectively last year. Shares of RIL were down 1.04% at Rs 1401.50.
Debt-laden Vodafone Idea lost 36.44 lakh users in December, while Bharti Airtel lost 11,050 users over November 2019. Consequently, Vodafone Idea and Airtel's customer bases fell to 33.26 crore and 32.72 crore respectively, as per latest subscriber data collated by TRAI.
Shares of Bharti Airtel were down 2.42% at Rs 522.40. Vodafone Idea was down 1.01% at Rs 3.91.
According to reports, Bharti Airtel has to pay Rs 35,586 crore to the government while Vodafone Idea owes Rs 50,000 crore in AGR case. Telecom companies hiked their tariffs from 1 December 2019.
|
|
|
|
Previous News |
Angel One, Vodafone Idea, Bajaj Auto will be watched
(
Market Commentary
-
Stock Alert
23-Feb-24
08:47
)
|
|
|
Barometers turn rangebound; broader mkt outperforms
(
Market Commentary
-
Mid-Session
14-Jun-24
12:39
)
|
|
|
Stock alert: Action Construction, Vodafone Idea, Ambuja Cement, Nitco, Puravankara, Wipro
(
Market Commentary
-
Stock Alert
14-Jun-24
08:40
)
|
|
|
Reliance Industrial Infrastructure Ltd leads gainers in 'A' group
(
Hot Pursuit
-
23-Feb-24
12:00
)
|
|
|
Vodafone Idea
(
Results
-
Analysis
30-Jan-24
09:51
)
|
|
|
Vodafone Idea reports consolidated net loss of Rs 7840.00 crore in the June 2023 quarter
(
Results
-
Announcements
15-Aug-23
09:23
)
|
|
|
Vodafone Idea board OKs raising upto Rs 2,458 cr via preferential issue
(
Hot Pursuit
-
14-Jun-24
10:53
)
|
|
|
Board of Vodafone Idea approves preferential issue of shares aggregating Rs 2458 cr
(
Corporate News
-
13-Jun-24
20:50
)
|
|
|
Vodafone Idea spurts on fundraising plans
(
Hot Pursuit
-
23-Feb-24
10:26
)
|
|
|
Vodafone Idea to conduct EGM
(
Corporate News
-
10-Apr-24
14:01
)
|
|
|
Vodafone Idea reports consolidated net loss of Rs 6418.90 crore in the March 2023 quarter
(
Results
-
Announcements
26-May-23
07:45
)
|
|
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|
|
|
|
|
|