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Merger won’t give pricing power to new telecom giant

DNMUM385263 | 3/21/2017 | Author : Praveena Sharma | WC :570

New Delhi: The merger of UK-based Vodafone Plc’s Indian telecom operation and Aditya Birla group’s Idea Cellular will make the combined entity the largest telecom operator in terms of market, spectrum and revenue shares. However, this pole position will not afford it pricing power or the ability to dictate the average revenue per user (Arpu), say analysts.
Telecom experts believe benefits would accrue to the Vodafone-Idea combine mostly on the cost side, on the revenues front the merged telecom behemoth would still struggle in a stiffly competitive market.
“Benefits (of the merger) will purely be on the cost side. Revenue and Arpu will continue to be under pressure. The belief that they will be able to dictate Arpu wi
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Sensex, Nifty off peaks as bulls take a breather
DNMUM387572 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :193

Mumbai: Indian markets traded in a taut range on the back of F&O expiry on Thursday to close with marginal losses. The BSE Sensex ended at 30029.74, after falling 103.61points, or 0.34%, while Nifty closed at 9342.15, after dropping 9.70 po
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Return, not label, matters in value and growth funds
DNMUM387573 | 4/28/2017 12:00:00 AM | Author : Tarun Birani | WC :695

A myth which has been around for a long time becomes a reality. In the same way, the perception towards categorising the funds as growth funds and value funds has been around long enough for us to believe that they exist and behave
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Go on a world tour…virtually
DNMUM387574 | 4/28/2017 12:00:00 AM | Author : Priyanka Golikeri | WC :470

Witness the great migration in the Maasai Mara in Kenya from a safari jeep. Get a feel of Italy’s crisp air while driving down the Amalfi Coast in a vintage car. Or go on a road-trip to uncover the spellbinding beauty of Iceland. All of this si
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Hudco to raise `1,200 cr in maiden float
DNMUM387582 | 4/28/2017 12:00:00 AM | Author : DNA Money Correspondent | WC :134

Mumbai: Housing and Urban Development Corporation Ltd (Hudco) plans to raise Rs 1,224 crore through its initial public offer (IPO), in first such offering by a government-owned company in the last five years.The previous one, National Building
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