Bharti: Jio Worries Overdone. Recovery Continues
Jio has built a huge amount of wireless capacity in an Indian context, but India is a very large country, with thin incumbent networks. If Jio...
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Emerging Market Telecoms: Returns Have Bottomed. Outlook Improves.
Returns in emerging market wireless telecoms have bottomed as the sector takes a capex holiday after the 4G roll-out. We continue to like...
936 Views
Bharti Infratel: The Squeeze Is Here
When we wrote about Bharti Infratel (BHIN) in February there was considerable push back on the idea that margins would be squeezed. We believe the...
367 Views
Indian Telcos: Optimistic Outlook as IDEA Reduces Price Competition
We recently met telecom operators in India and came away with a relatively optimistic outlook. Our top pick remains Bharti Airtel (Bharti) but we...
270 Views
Bharti Airtel: Benefiting from Scale
After a weak 3Q16, Bharti Airtel Ltd (Bharti) posted strong numbers for 4Q16. Growth (revenue and Ebitda) accelerated faster than expected, with...
310 Views