Yesterday there was a news that DOT is considering something about revenue to be shared by the service providers with the Government? Will that in any increase the revenue of the service provider particularly to the Reliance Communication and Airtel ?
YES presently all telcos has to pay 6%of revenue of mobile 4% on long dist and 3% on fixed lines.Proposal is to charge uniform 3% on all revenue so telcos wl b benefited.
It is a welcome news as all telecom stocks are badly beaten down on the presumption of loss of revenue due to revised tariff plan. It helped Bharti to recover. As you are expert on bharti as I am following what are the immediate prospects will it touch 350.do you advice taling some profits if there is likely hood of coming back to 300 level.please advice
Dear RK, Thanks for your compliements. I tracking Bharti for quite a long time. It is a fundamentaly strong Company. This drop is insiginifcant . You can hold it, if possible, for long term.
With regards,
MADURGA
| NIFTY 
