Vodafone idea as you said is a risky bet. But if the news that surfaced regarding Google taking a stake in voda idea is true, then it’s going to be a major positive. It will be the first indication in a few months that points to business continuity. Promoters have never over the past few months tried to allay shareholder fears regarding company’s ability to continue operations. He himself was telling that company will have to shutdown in the absence of regulatory relief from govt. However I think an strategic investor like Google will have more access to company’s business continuity plans
Jio is clearly the market leader and is best poised to benefit from the impending turnaround in the industry. With strategic investments in MSOs like den and Hathway I think they will be able to garner significant share of broadband demand too. But I couldn’t find out what arrangement jio has with den and Hathway in broadband business. And it’s not a pure telecom play. But with covid crisis the company’s petroleum refining and exploration business is valued on the lower side which will be an advantage for investors who would like to play telecom thesis through reliance industries. Reliance industries is doing many things right now. For instance they have raised around 8500 crores via issuance of NCDs on April 17 2020 ( partly at a fixed rate of 7.20 and remaining at a floating rate based on repo) to refinance debt . This was followed by rights issue and a 10060 crore ncd issue ( 6.95 to 7.05%).This will lead to good Savings in interest outgo. So even if the Aramco investment drags on , that won’t be a huge negative
I agree to the fact that jio will not lower the rates, but industry needs many more tariff increases.It needs to be seen who raises the rates first so that the rest follows. No one wants the negative impression of the first to raise the tariff
My thoughts on online classes for students seems to be playing out well. There were reports of shortage of webcam and other related accessories in local stores.