Bharti Airtel Q2 Review - Going From Strength To Strength: Dolat Capital

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..Dolat Capital Report.Bharti Airtel Ltd.’s consolidated revenue/Ebitda grew by a healthy 5.5/6.4% QoQ; above estimates. India wireless revenue/Ebitda grew by a healthy 6.2% QoQ each ahead of Reliance Jio’s 4.1/4.3%/ average revenue per user grew by 5.8% QoQ. Bharti Airtel’s consolidated/India wireless Ebitda has grew by 39/43% post the absorption of last tariff hike. This is commendable in our view. Operating performance was healthy with 2.2 million subscriber additions despite tariff hikes and 8 million 4G additions (Jio -11 million).  We see Bharti Airtel as a structural growth story for the next four to five years. This growth in our view will be a two-phase process. In the first phase it would be a combination of subscriber growth and ARPU uptick for next three to four years. In parallel, we expect Bharti Airtel to capitalise on other revenue streams viz. fiber-to-the-home, enterprise, content, payment, education, etc. .Click on the attachment to read the full report:.DISCLAIMERThis 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.

Bharti Airtel Q2 Review - Going From Strength To Strength: Dolat Capital

Bharti Airtel Q2 Review - Going From Strength To Strength: Dolat Capital

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