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This Article is From Feb 05, 2021

Bharti Airtel Gains Market Share Across Businesses: ICICI Securities

Bharti Airtel Gains Market Share Across Businesses: ICICI Securities

Bharti Airtel Gains Market Share Across Businesses: ICICI Securities
A customer is served at a stall selling Bharti Airtel Ltd. SIM card packets outside a mobile phone store in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Bharti Airtel Ltd.'s Q3 FY21 performance was exemplary with strong execution and market share win across mobile, fibre-to-the-home, enterprise and direct-to-home.

We are impressed by its 4G and postpaid sub additions and improvement in customer engagement metrics versus peers.

Also, higher 4G sub-base will enable the company to better translate tariff hike into average revenue per user whenever the hike happens (we believe it is matter of ‘when' and not ‘if').

It gives us strong confidence in higher than assumed terminal revenue market share for the company.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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