Company Performance: Revenue growth, profitability, and market share directly influence investor sentiment.

Industry Trends: The overall health and growth prospects of the telecommunications sector impact investor confidence.

Regulatory Environment: Government policies and regulations regarding telecommunications infrastructure affect operational costs and future growth.

Economic Conditions: Macroeconomic factors like inflation, interest rates, and overall economic growth influence investment decisions.

Investor Sentiment: General market optimism or pessimism can drive buying or selling pressure.

Competitive Landscape: Actions of competitors, such as pricing strategies or new service offerings, affect market positioning.

Technological Advancements: Adoption of new technologies and the ability to innovate impact competitiveness and future earnings.

Dividend Policy: Decisions regarding dividend payments influence investor appeal and stock valuation.

Debt Levels: High debt levels can increase financial risk and negatively impact stock price.

Global Events: Unforeseen global events can create market volatility and affect stock prices.