Telecom Sector Check - Changing Market Construct; Bharti, RJio To See Exponential Benefit: Motilal Oswal
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.
Motilal Oswal Report
The Telecom industry is on the cusp of a major change in market construct, which could have significant repercussions.
In this note, we discuss Vodafone Idea Ltd.’s immediate liquidity requirements, probable alternatives, and the potential benefit for Bharti Airtel Ltd./Reliance Jio.
India’s large Telecom market, which was once serviced by over 10–12 players, is now operated by just four players, with the top two accounting for over 70% of the market.
Amid the concerns over Vodafone Idea’s survival, RJio and Bharti Airtel could gain disproportionately – Vodafone Idea has a significant ~25% market share (255.4m subscribers), which provides the two telecom giants the opportunity to capture a large pool of subscribers.
Click on the attachment to read the full report:
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.