Bharti Airtel shares in focus as co awards multi-billion extension deal to Nokia

Bharti Airtel shares in focus as co awards multi-billion extension deal to Nokia

Bharti Airtel’s stock is expected to stay in the spotlight today because the business has given the Finnish telecom equipment provider Nokia a multi-year, multi-billion dollar contract to install 4G and 5G equipment in important Indian cities and states. “Nokia has been awarded a multi-year, multi-billion extension deal by Bharti Airtel (‘Airtel’) to deploy 4G…

Telcos have headroom for more 15% tariff hikes in FY27, says JPMorgan

Telcos have headroom for more 15% tariff hikes in FY27, says JP Morgan

Due to the low cost of services compared to other Asian nations and the favourable regulatory climate, telecom companies such as Bharti Airtel and Vodafone Idea have the leeway to impose an additional 15% tariff hike in FY27, according to analysts. Analysts at JPMorgan have determined that annual pricing hikes are necessary for Vodafone Idea,…