India Business News: Vodafone Idea has opened its Follow-on Public Offering (FPO) today with an opportunity for investors to subscribe to a Rs 18,000-crore offer. Analysts suggest that despite the company's debt burden, the fresh infusion of capital could enhance its prospects. Here's what you need to consider before deciding whether to apply for this offer.
JM Financial projects significant growth for Bharti Hexacom Ltd (BHL) with a buy recommendation, aiming for a target of Rs 790. BHL s strong presence in high growth markets and focus on wireless ARPU growth make it a promising investment.
TECH NEWS News: Antique Stock Broking anticipates a 15-17% telecom tariff hike post Lok Sabha elections, with Airtel's ARPU potentially reaching Rs 286 by FY27. Jio i
Jio is the biggest beneficiary of change in market dynamics as its market share went up from 21.6 percent to 39.7 percent. - Jio And Airtel May Raise Tariffs After Lok Sabha Elections, Details Inside
Major telecom operators like Airtel and Jio are expected to raise tariff rates post 2024 Lok Sabha elections according to Antique Stock Broking. Analysts predict a 15 to 17 percent price hike in the telecom industry. Bharti Airtel could benefit the most with ARPU rising to ₹286 by FY 27.