Telecom stocks were trading higher as DoT Secretary Anshu Prakash stated that arrival of 5G to strengthen telecom's linkage to other sectors.
Bharti Airtel is currently trading at Rs. 431.00, up by 21.85 points or 5.34% from its previous closing of Rs. 409.15 on the BSE. The scrip opened at Rs. 427.00 and has touched a high and low of Rs. 435.00 and Rs. 421.55 respectively. So far 1297230 shares were traded on the counter.
Vodafone Idea is currently trading at Rs. 5.66, up by 1.19 points or 26.62% from its previous closing of Rs. 4.47 on the BSE. The scrip opened at Rs. 4.91 and has touched a high and low of Rs. 5.80 and Rs. 4.91 respectively. So far 63826620 shares were traded on the counter.
Tata Communications is currently trading at Rs. 353.20, up by 1.45 points or 0.41% from its previous closing of Rs. 351.75 on the BSE. The scrip opened at Rs. 354.00 and has touched a high and low of Rs. 367.00 and Rs. 348.00 respectively. So far 25921 shares were traded on the counter.
Telecom Regulatory Authority of India (TRAI) Chairman RS Sharma has stated that information and communications technologies are all-pervasive, and hence the security of systems and data safety are becoming increasingly important. He also said now that everything is going to ride on this sector, the vulnerability of the sector becomes an important concern, the security of the sector, and safety of the data also become important. Therefore, he said ‘concepts like cyber security, data security, data privacy, become relevant and we need to learn and appreciate the importance they are going to play tomorrow.'
The TRAI chief further said while legal and regulatory systems need to evolve to keep pace with the fastchanging digital world, they should not have a knee jerk evolution. He stated that they should not evolve to strangulate innovation or become an obstacle to the development, they should evolve in a harmonized manner to ensure that while innovations do take place, the growth is orderly. So, he said the approach of regulations in this sector should be facilitating, rather than obstructing.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1852.05 |
| Vodafone Idea | 14.47 |
| Indus Towers | 391.85 |
| Tata Communications | 1973.30 |
| Bharti Hexacom | 1481.25 |
| View more.. | |
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