Vodafone Idea stock jumps 5% on UBS upgrade; analysts see up to 80% upside
UBS has maintained its 'Neutral' ratings on Bharti Airtel and Indus Towers with a material increase in target prices for both telecom stocks.
Source: moneycontrol.com
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Poco Smartphones: Poco plans to sell 10 million smartphones in 2 years, aims to be among top-5 brands from third year, ET Retail
Poco Smartphones: At the event Poco unveiled three variants of Poco F6 priced at Rs 25,999 with 8 GB RAM and 256 GB ROM storage for files, photos etc, Rs 27,999 for 12 GB RAM and 256 GB ROM variant, and Rs 29,999 for the model with 12 GB RAM and 512 GB ROM.
Source: indiatimes.com
Vodafone Idea shares get big upgrade from UBS; stock up 5%, Telecom News, ET Telecom
Global brokerage UBS upgrades Vodafone Idea to buy, setting target at Rs 18, citing potential relief on government dues and expected mobile price increase. Stock jumps over 5% to Rs 14.82.
Source: indiatimes.com
SingTel annual profit more than halves on $2.3 bln impairment charge
Singapore Telecommunications posted a 64% drop in full-year net profit on Thursday hit by a S$3.1 billion impairment charge, majority of which relates to its mobile network operation unit Optus. ...
Source: marketscreener.com
Ericsson India in talks with Vodafone Idea for a 5G deal: India MD
Nitin Bansal said that the Swedish telecom gear maker is bullish on the Indian market, which continues to see its 5G network expand. However, he expects the rollout pace to slow down this year following the rapid deployment by Reliance Jio and Bharti Airtel.
Source: moneycontrol.com