Telecom Stocks Outlook for the week – 28.09.2015 to 01.10.2015
Bharti
Airtel, Idea may trade lower next week
( www.rupeedesk.in )
Stocks of major telecom companies are seen extending their losses after
breaking crucial supports in the just concluded week. Stocks of Aditya Birla
group company Idea Cellular may trade in the negative territory. Overall
outlook for the sector remained positive with crucial policy decisions on
spectrum sharing and trading having been cleared by the Cabinet in the last few
months. Spectrum sharing allows operators to pool their respective spectrum for
usage in a specific geographical area and thereby ensuring more efficient utilisation
of the spectrum. Spectrum trading will allow one company to sell its spectrum to
another at a market linked price