Friday, September 11, 2009

[Investors Please Listen] Pulse - IIP on the growth path; Update - Sun Pharma (PT revised to Rs1,283 ); Telecom (Major telecos see no disruption)

Major telecos see no disruption despite Tata DoCoMo offerings
Net telecommunication (telecom) subscriber additions in August 2009 stood at 9.3 million (excluding the numbers of Reliance Communications [RCom] that has yet to disclose its numbers). This is a marginal decline of 1.8% month on month (mom) in net additions. India?s total telecom subscriber base (excluding RCom) increased to 322.17 million at the end of August 2009, implying a growth of 3% over July 2009.


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