A Oneindia Venture
News Personal finance Gold rates Silver rates Mutual funds IPO MSME
Gold Rates
Silver Rates
Platinum Rates
Fuel Price
Holidays
Banking
Lottery
Calculators
Savings Scheme
Get Updates
Get notified about market trends, financial advice, and investment tips!
English हिन्दी ಕನ್ನಡ മലയാളം தமிழ் తెలుగు
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Sensex 73,319.55 +0.25% ↑ Nifty 22,713.10 +0.15% ↑ 22k Gold ₹ 13,835/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.50 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 109.24 USD ₹ 92.71
Home News Business
Bharti, Idea, RCom shares dumped, as regulator breathes fire
By
Add as a preferred source on Google

Markets
Bharti Airtel: Quotes, News
BSE 1789.55BSE Quote7.55 (-0.42%)
NSE 1789.70NSE Quote7.8 (-0.44%)
The new measures proposed by the Telecom Regulatory Authority of India (TRAI) saw telecom shares coming under intense selling pressure in trade today. Bharti Airtel was down almost 6%, Idea Cellular was down 7% and RCom was down 2.58%.

The TRAI has recommended measures that analysts believe would reduce the already wafer thin margins, and adversely affect companies in the sector.

TRAI has recommended that the auction of 5 megahertz (MHz) of spectrum in the 1,800MHz band should be at total price of Rs. 3,622 crore per MHz across the country. This comes to a total reserve price of as much as Rs. 18,110.9 crore for the full 5MHz that’s needed to start mobile telephony services.

It further suggested a pan-India reserve price of Rs. 7,244.36 per MHz in the 800/900Mhz band, and Rs. 14,488.72 per MHz in the 700MHz band needed for 4G services.

Analysts and marketmen believe that the prices are steep and the companies may have to increase tariffs to stay competitive in the business, if the recommendations are accepted. Companies in the space are reeling under heavy debt and low margins, due to cut throat competition.

GoodReturns.in

Share This Article
Story first published: Tuesday, April 24, 2012, 9:36 [IST]
See More On: trai, idea, bharti
Other articles published on Apr 24, 2012

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
Sign Out