Bharti Airtel on Tuesday acquired Loop Mobile. The deal will make Bharti the top operator with 7 million subscribers followed by Vodafone with 6.8 million subscribers.
With the kind of ARPM expansion that Idea has exhibited, no one would have expected that. The stock is expected to appreciate more from hereon. Its rival Bharti Airtel's core performance too was way above expectation, but tele media business and also to a large extent African operations have been disappointing
It will take a long time for Reliance Properties to actually monetise the assets because of its sheer size. RCOM is trading above 10 percent today on the back of its assets being about 50% of its current valuations
The momentum is with Reliance Industries and from the short-term perspective we do like Reliance Communications, says Karan Mittal, ICICI Direct.
Karan Mittal, ICICI Direct is of the view that Bharti Airtel is a top pick with a target of Rs 385.
Karan Mittal, telecom analyst, ICICI Direct believes the Reliance Communications-Reliance Jio Infocomm deal will earn an incremental contribution of Rs 240-250 crore per annum to RCom.
Yesterday, the telecom regulator Telecom Regulatory Authority of India (TRAI) submitted recommendations regarding the 2G spectrum auction. In an interview to CNBC-TV18, experts speak about the regulations and give their outlook going forward.
In an interview to CNBC-TV18, Karan Mittal, telecom analyst of ICICI Direct, speaks about the telecom sector and gives his outlook going forward.
Isec's auto analyst Karan Mittal tells CNBC-TV18 that on the surface Bajaj Auto's third quarter numbers are positive. The issue however is the NCCD which they have yet to make provision for.
Karan Mittal, ICICI Direct likes Bharti Airtel. “Even at this price, it looks very attractive. But given the regulatory uncertainties in terms of new telecom policy and the impact on their profitability, we do not recommend Idea because the sensitivity could be high for Idea,” he adds.