Feb 24, 2017 at 16:24 | Source: Moneycontrol.com
Analysts feel that the deal could help Bharti stand up to intense competition that will unleash in the telecom space, but the sector overall could see pressure as well.
Feb 24, 2017 at 16:10 | Source: PTI
Yesterday, telecom operator Bharti Airtel announced its decision to acquire Norwegian Telenor's India unit, signalling a fresh round of industry consolidation that has intensified in the wake of disruptive entry of newcomer Reliance Jio.
Feb 24, 2017 at 14:38 | Source: Moneycontrol.com
The Airtel-Telenor buyout coupled with talks of potential Vodafone-Idea merger and Tata Teleservices with RCom-Airtel-MTS combine raise questions whether a consolidation is the best way for telecom companies in view of Reliance Jio's entry.
Feb 24, 2017 at 14:15 | Source: Moneycontrol.com
According to a GSMA report, Indias telecom sector directly employs 2.2 million people and 1.8 million indirectly. Consolidation in the sector could cause nearly a third of these jobs to be shed.
Feb 24, 2017 at 11:24 | Source: CNBC-TV18
On one hand, these mergers could help bigger incumbents increase their subscriber base, and provide competitive pricing but on the other hand, this is also likely to wipe off 10-15 percent of jobs in the telecom space, reports an article in Business Standard.
Feb 23, 2017 at 18:31 | Source: Moneycontrol.com
The recent announcement that Reliance Jio would start charging its customers has got a thumbs-up from the Street. While it will undoubtedly have a positive rub off on RIL, whats surprising is the markets optimism about its competitors.
Feb 23, 2017 at 18:28 | Source: CNBC-TV18
With entry of Reliance Jio and a possible merger of Vodafone and Idea, the telecom sector has began to see consolidation. The space is no longer viable for more than three players, believes SP Tulsian of sptulsian.com.
Feb 23, 2017 at 16:29 | Source: CNBC-TV18
CNBC-TV18's Reema Tendulkar lists out stocks that you should focus on.
Feb 23, 2017 at 16:21 | Source: Moneycontrol.com
Profit booking in Reliance Industries and banks caused volatility in late trade but equity benchmarks managed to continue uptrend for sixth consecutive session on support from technology stocks and rupee appreciation.
Feb 23, 2017 at 15:04 | Source: CNBC-TV18
G Chokkalingam, Founder & MD at Equinomics Research & Advisory suggests selling Idea Cellular and Bharti Airtel.