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Telecom Stocks Outlook For The Week - 19 To 22.11.2018

Telecom Stocks Outlook For The Week - 19 To 22.11.2018

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             Equity Cash/Futures/Options Segment 
Stocks of telecom companies are likely to rise further next week, though at a slower pace, owing to continued bargain buying in the sector after a sharp fall over the last two years. The long-term outlook for the sector, however, remains uncertain as companies struggle to increase capital
expenditure to improve their networks, while avoiding deterioration of their balance sheet.
Vodafone Idea's plans to raise 250 bln rupees in capital through equity infusion and the potential
sale of its fibre assets is likely to help the company survive a tariff war in the sector. Next week, the company's management is scheduled to meet analysts, and any commentary on the equity infusion and investment in its network will be keenly watched.

Source : Cogencis Information Services Ltd.

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