Despite India business loss, Bharti Airtel still in pole position even as pricing war with Reliance Jio wreaks havoc
Goldman Sachs in an analyst report said the market is currently not fully pricing in robust growth in some of Bharti’s other businesses. Besides, it’s relatively strong balance sheet and spectrum/network footprint is likely to result in the telecom major maintaining its leading market share position in an intensely competitive but consolidating wireless market.
Despite posting its lowest ever quarterly profit in the fourth quarter, analysts believe that telecom major Bharti Airtel will maintain its leading market share position given its huge network and spectrum footprint. Image source: Youtube