As debt-laden distressed companies fall by the wayside, some cash-rich large companies are practically monopolising their sectors

Vodafone Idea Q3 results: The company said its board has approved fund raising of Rs 25,000 crore by issuing a mix of equity and debt and that it is in active discussions with potential investors to raise capital

WEF Davos Agenda: India will supply many more COVID-19 vaccines to world, says PM Modi India will soon rollout many more coronavirus vaccines for the benefit of the world, Prime Minister Narendra Modi said during his special address at World Economic Forum's Davos Agenda Summit on Thursday. The developments on vaccine front will rapidly change the economic scenario, he further stated. Airtel beats Jio in subscriber additions for 4th straight month; Voda-Idea continues to lose Bharti Air...

Bharti Airtel added 4.37 million new users, the highest among the players in November, to take its subscriber base to 334.65 million. Reliance Jio saw its user base rising to 408.29 million with the addition of 1.93 million new customers in November

Jio might also go for 700 MHz spectrum for which the reserve prices are 38 per cent higher than 800 MHz spectrum in 19 circles, and 56 per cent higher (than 800 MHz) in Delhi, Mumbai and Kolkata circles

Reliance Industries' share has risen 13% since the beginning of the year. Stock price of the company has gained 2.9% in the last 2 days of trade

Bharti Airtel share has risen 13% since the beginning of the year. The share price of the telecom company has gained 5.49% in the last 3 days of trade

The total wireless subscriber base increased to 1,151.8 million in October from 1,148.6 million in September, registering a monthly growth rate of 0.3 per cent

The reason behind the rise in debt levels of telcos is because of the accumulation of AGR (Adjusted Gross Revenue) liabilities in debt, besides the proposed spectrum auctions, ICRA said in a report

Indian Mobile Congress 2020: Mukesh Ambani congratulated Prime Minister Narendra Modi's Digital India Mission that has made the country highly resilient in the face of the toughest of adversities

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In a recent report, Goldman Sachs analysts said that following their conversations with investors, there's a view that Jio will not raise prices and as such Airtel and Vodafone Idea may have to roll back prices if they raise them

The telco has been making losses and is aiming to ramp up its 4G network and clear the adjusted gross revenue (AGR) dues

Following the news, Bharti Airtel share opened at Rs 486.35 and later touched an intraday high of Rs 497.60, rising 3.68% against the earlier close of Rs 479.95 on BSE. The stock also touched an intraday low of Rs 483.35

Bharti Airtel added 3.8 million subscribers in the month of September, followed by Reliance Jio which added 1.46 million users while Vodafone Idea continued to lose subscribers in the month

Experts say that the reluctance of COAI to revise the broadband definition and its disapproval for a speed measurement programme show that the telcos are not ready for any kind of scrutiny

Even though the telco said that it plans to raise about Rs 25,000 crore within two-three months, it seems that there's no way it can avoid tariff hikes at the moment

Bharti Airtel is in a sweet spot again, thanks to tariff hikes last year, digital gameplan and relentless focus on winning quality customers

Bharti Airtel Limited counted 28.99 lakh subscribers, whereas, Reliance Jio stayed behind with 18.64 lakh subscriber additions in the month of August 2020.

RIL share gained 0.57% to Rs 2038 against previous close of Rs 2026 on BSE