What will be the impact?
Will Adani buy VIL or set up a fresh telco?
Can we again see a price war similar to 2016 when Jio entered?
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There’s an update that it won’t enter consumer mobility space and will only set up a private network to connect it’s own businesses.
Good news for incumbents and their shareholders, bad news for consumers.
Had Adani decided to enter consumer market, price war could have started all over again.
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That era is over. With free money era getting over across the globe and rising interest rates. We may never see such prices again. Infact telecom prices are slated to go up by 20-30% in coming couple of years.
Highly doubtful. Adani is shining because of commodity supercycle. Once that ends, things r gonna slow down for that grp.
moreover, telecom is a cash guzzling sector.
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Adani says, not entering Telecom
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Any of the retail investors are bullish on Adani group stocks on long term ? Any justification for bullish view ? The valuation and promoter dealings seems shady for long term investment.
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Market’s perception that the company is close to the ruling govt at centre has given it some premium…which over time can decrease.
Other than that, the reason adani grp is shining is due to its presence in sectors which are currently benefited due to energy and commodity shortage.
Once these issues soften up a bit, we will see normalization of share price even when profits go up from current levels.
Its extremely over valued n we shall see tym and price correction. But, definitely not a bubble. They are accumulating lot of hard physical assets.
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I understand they are accumulating hard assets and entering lots of new sectors. The Airport, Ports, Cement and Data Center sectors will have huge potentials, But debt accumulated and crony promoters seems highly risky. It would have been good to see them reduce debt and strengthen existing companies instead of entering multiple sectors, this would protect them in case of change in governments.
Very sensible and valid take by fitch in my opinion
No problem till the NDA Government is in power. Once the Government changes, probably after 2029, it will go the Anil Ambani way. The new Government will launch multiple investigations against Ambani and Adani as the opposition accuses them of getting undue favours from the Government.