IDEA's Merger with Vodafone a Major Positive but Overshadowed by Lost Market Share in near Term

Indian Telcos Continue to Suffer from Jio's Launch but a Recovery Is Coming for the Survivors

Indian Telcos May Be past the Earnings Trough. Outlook Positive for Bharti.

IDEA: Merger Synergies with Vodafone Would Create Blue Sky Appeal

Jio Infra: Ready for Next-Gen Mobile Networks

IDEA and RCOM Fall into Loss as Consolidation Becomes an Imperative.

Indian Cab Market: Aggregation May Not Be the Key to Success

Jio Aggression Sets the Cat Amongst the Pigeons

Differentiated global TMT & Internet Research

New Street Research Insights

New Street Research

Research is provided by our team of experienced analysts. Our work is idea driven, based on independence of thought, sector expertise, and firmly focused on fundamentals and valuation of telecoms and internet names globally. New Street is headquartered in London with offices in New York, Singapore and Australia. 

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
US Healthcare
Japanese Healthcare

We also provide debt research on:
Pan European Telecom Services and Cable

Event-Driven

<p>We view the now-confirmed deal between <a href="https://www.smartkarma.com/entities/22204" target="_blank" data-smartkarma-citation="entities:22204:1">Vodafone (VOD LN)</a> and <a href="https://www.smartkarma.com/entities/15678" target="_blank" data-smartkarma-citation="entities:15678:1">IDEA (IDEA IN)</a> as positive for investors in both stocks. Much of the announced deal was in line with our expectations: 50:50 including IDEA's towers and its 11% stake in Indus Towers but excluding Vodafone's 42% Indus stake with completion expected in 2018. The scale of the synergies claimed was also similar. For investors in IDEA willing to see through what will be some very tough quarterly results, the recent weakness looks like a…</p>

We view the now-confirmed deal between Vodafone (VOD LN) and IDEA (IDEA IN) as positive for investors in both stocks. Much of the announced deal was in line with our expectations: 50:50 including IDEA's towers and its 11% stake in Indus Towers but excluding Vodafone's 42% Indus stake with completion expected in 2018. The scale of the synergies claimed was also similar. For investors in IDEA willing to see through what will be some very tough quarterly results, the recent weakness looks like a…

India: Vodafone/IDEA Merger Is Positive for Both. Market Repair Is Good for Surviving Operators.

Vodafone Idea

India: Vodafone/IDEA Merger Is Positive for Both. Market Repair Is Good for Surviving Operators.