Telecom
Stocks Outlook for the week – 05 to 09.01.2015
( www.rupeedesk.in )
The movement in stocks of major telecommunications companies is likely
to be stock specific, due to lack of sectoral trigger. In the telecom sector, Bharti Airtel
and Idea Cellular are seen doing better than others. RCom (Reliance Communications), on the other
hand, seems very weak.
The Street will be watching out for the Cabinet decision on swap of
spectrum between
telecommunications and defence departments, which will set the further
course of auctions in February. The Cabinet has been proposed to approve the swap deal
between the two departments that would release the key 2,100 MHz band, currently with
the defence ministry, for auctions in February.
The Department of Telecommunications is also expected to float the
notice inviting applications for the February auctions, which will mark the formal beginning of the
process to award the natural resource to the mobile service providers.
