Vodafone Idea Share: Share crosses ₹17 due to news of loan repayment, big announcement possible soon

Big news has come regarding Vodafone Idea. According to news agency Reuters – Vodafone PLC will use the amount of Indus Tower deal to repay the loan. After the news, there has been a strong rise in the shares of the company. The share has increased by 3 percent to Rs 17.30. Now eyes are on this news – Telecom companies can increase the tariff of different mobile service plans.

According to the report of Antique Stock Broking, the tariff of mobile service can be increased by 15-17% this year. The decision to increase the tariff can be taken after June-July. At the same time, 5-10% more charges can be levied for 5G service as compared to 4G.