ICICI Direct's research report on Bharti Airtel
Bharti Airtel (Airtel) is India’s second largest telecom operator with ~32.6 crore wireless customers in India and ~12.8 crore subscribers across 14 African countries. It enjoys industry leading ARPU in the wireless business.
Outlook
We maintain our BUY rating. We value Airtel at unchanged target price of Rs 860.
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