Thursday 1 September 2016

Reliance Jio plan wrapping at AGM and (most) likely fallout




⏩ Government's September spectrum auction eying a revenue of Rs 5.66 trillion is set to be flopped as other operator would not participate. Government fiscal arithmetic can go for a toss.

⏩ Jio is offering such freebies based on zero legacy costs w.r.t. 2/3G and 1% spectrum User charges vs 3% for others. Government has created an asymmetric market. Telecom pleas are not heeded by Government time and again, but it should understand that all Telecom have foot the spectrum bill out of its own banks' loans.



⏩ Stress level from Bharti/Idea should rise. They would defer capex plan. 

⏩ Vodafone could drop IPO plan

⏩ Rcom if not taken over by elder brother,  would be another JP Associates in the making.


Collated by Surya Narayan Nayak

No comments:

Post a Comment

Share it!