Gautam Adani enters telecom: Is the impact on Bharti Airtel, Vodafone Idea stocks temporary? - Economic Times


7/11/2022 12:00:00 AM2 years 9 months ago
by Nikhil Agarwal

“Plagued by an intense competitive environment in the last two decades, the thought of a new entrant in the sector gives investors jitters for the next round of severe competition, which could derail the current structural benefits (ongoing pricing improvemen…

NEW DELHI: After Adani Group confirmed its entry into the telecom sector, investors dumped stock and bought shares of the troubled Vodafone Idea. shares slumped 5.2 per cent to hit the day's low at R… [+2626 chars]

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