|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||706.00 - 718.00|
|52-week range||584.30 - 781.80|
|Beta (5Y monthly)||0.47|
|PE ratio (TTM)||129.15|
|Forward dividend & yield||3.00 (0.44%)|
|Ex-dividend date||01 Aug 2022|
|1y target est||N/A|
India had drawn bids totaling at least $19 billion entering the fourth day of an auction for 5G spectrum on Friday, as telecom giants clamoured for airwave rights needed for next generation networks in the world's second largest mobile market. Reliance Industries' Jio, rivals Bharti Airtel and Vodafone Idea, as well as billionaire Gautam Adani's Adani Enterprises Ltd were all among the bidders for 5G airwaves.
In this article we will quickly re-cap the broker forecasts for Bharti Airtel (NSI:BHARTIARTL). The Bharti Airtel share price has risen by 1.61% over the past...
India's telecom giants are likely to make muted bids at the 5G spectrum auction in July, on worries they stand to lose about 40% in potential revenues due to the allotment of some airwaves to enterprises for private networks, industry sources said. Top player Reliance Industries' Jio and rivals Bharti Airtel and Vodafone Idea have failed to lobby New Delhi to stop the allocation that will let various enterprises, including Amazon.com and Tata Consultancy Services, to get airwaves without auction. "The telecom companies are quite upset, there will be an estimated 40% potential 5G revenue loss," said S.P. Kochhar, director general of Cellular Operators Association of India, which represents the three telcos.