Day: December 6, 2024
Vodafone Idea Share Price- 6 December 2024
As of December 6, 2024, Vodafone Idea’s share price stands at ₹8.12, reflecting a modest increase of 0.74% in the past 24 hours. In the previous trading session on December 5, the stock reached an intraday high of ₹8.79 and a low of ₹8.04, closing at ₹8.08. The company’s market capitalization is approximately ₹56,317.45 crore. […]
Read MoreIndus Towers Share Price- 6 December 2024
Indus Towers shares extended their winning streak for the fourth consecutive session on Friday, defying market caution surrounding the RBI’s MPC decision. At the time of writing, the stock was trading up 0.19% at ₹364.2 per share, reflecting a gain of ₹0.7. Over the past four trading sessions, Indus Towers has surged by 8%, marking […]
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Vodafone Group Completes Exit from Indus Towers with ₹2,802 Crore Block Deal
Shares worth ₹2,802 crore of Indus Towers were sold in a block deal on December 5, with Vodafone Group Plc likely divesting its remaining 3% stake in the telecom infrastructure company. Approximately 8 crore shares changed hands at an average price of ₹354 per share. Following the transaction, Indus Towers’ stock surged 5% in early […]
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India’s Strategic Role in Global Submarine Cable Infrastructure Highlighted by Ministry of Communications
Submarine telecommunication cables carry about 99% of global internet traffic, enabling essential services and seamless connectivity. By 2024, over 500 active and planned submarine cable systems are operational, handling massive data transmission with remarkable efficiency. However, these cables are highly vulnerable, with 150–200 faults reported globally each year due to fishing, anchoring, natural hazards, and […]
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Subscriber Churn Persists: Are Private Telcos Rethinking Tariff Hikes?
This July, the telcos had finally mustered up the courage to hike tariffs after a 30-month wait. Airtel and Vi announced a 21 percent hike, while Jio raised them by 12-25 percent. The subscriber churn has not stopped ever since. India’s mobile service market has lost 16.81 million connections since July. RJio, Airtel, and Vi […]
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