Telecom
Stocks Outlook for the week – 08 to 12.12.2014
( www.rupeedesk.in )
Stocks of frontline
telecom stocks are seen trading down next week on continued negative
momentum of
heavyweight companies such as Bharti Airtel and Idea Cellular.
The scheduled meeting
of the Telecom Commission, the highest decision making body within
the telecom
department, on Monday will also be eyed by the Street. The Telecom Commission
will meet to
deliberate on the next round of spectrum auction set to be held in February.
The
panel would consider
the base price and other issues with regard to the auctions.
Most of the spectrum
that is proposed to be put under the hammer is being currently used by Bharti Airtel,
Vodafone India, Idea Cellular, and Reliance Communications.
