Analysis of Corporate Dividend Declaration of Telecom Firms in India

The Telecom Sector of an emergent country like India is mounting after liberalization at a incessant pace and has taken the place of second major network in the world. Main sectors of the Indian telecommunication industry are telephony, Internet and television broadcast Industry in the nation that is in an ongoing procedure of relocating into next generation network, employs a widespread system of modern network fundamentals such as digital telephone exchanges, mobile switching centers, media gateways and signaling gateways at the core, interconnected by an extensive variety of transmission systems with fiber-optics or Microwave radio relay networks. These innovations which are taking place in the given sector and are serving the sector to create as a brand of India in the world. The given learning is examining the influence of these innovations in the telecom sector, which can be evidenced by glancing at the association and consequence of dividend policy on the share prices of particular Indian companies. The companies assumed for study are Reliance Communications, Bharti Airtel, MTNL and Tata Communications.T- Test is used for data analysis using SPSS and MS-EXCEL as a tool.