Idea Q1 net may slip 23% at Rs 440cr, volume growth seen at 2.7%

#Nivezareview on #Idea Volume growth ::

Overall telecom industry in India is flooded with operators and hence it becomes difficult to operate for any major player in the market and keep the market share and pricing power intact. Bharti Airtel, Vodafone and Idea are the top 3 players at the moment and other few small players in the industry, The entry of Reliance Jio is going to create big price war for data usage in the industry and due to Reliance and its abilities and big size, they can create problems for other players for data usage in next few quarters after their launch. So from investment point of view such a industry and stocks such as Idea, Bharti Airtel does not fit into it.
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