Tag: Bharti Airtel
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Save Vodafone Idea
Preface / introduction JainMatrix Investments has been tracking the Indian telecom sector, since the days of BSNL and MTNL monopoly, the go-go days of mobile introduction, the rise of Bharti Airtel and the entire sector over 2000-10 with 5-6 players, the high competition over 2010-14, the consolidation over 2013-18, and the rise of Reliance Jio.…
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Bharti Infratel IPO: Aggressive offering of Passive Infrastructure: Invest
SUMMARY Date: Dec 6th 2012 Offering: Price Range Rs 210 – 240 Issue Period: Dec 11 – 14 Retail gets an additional discount Description: Bharti Infratel runs the tower network for Airtel, and also partners for this with Vodaphone and Idea. The business is sticky in terms of customers and has stable cash flows. The…
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Telecom: Auctions speak louder than words
The Indian Telecom sector these days is going through a couple of nerve racking events that I will call as ‘growing up pains’. News Updates 15thNov 2012: the Telecom 2G spectrum auctions closed, with 57% of spectrum unsold due to high minimum bid prices, poor industry conditions and availability of spectrum with the older players.…
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Bharti Airtel: This is a year of consolidation
_____________________________________________________________ Date: 19 August 2012 Large Cap – Mkt Cap Rs 99,115 crores CMP: Rs 261 Advice: Accumulate in FY13 through SIP Target: Mar ’14 target of 421 Summary We have seen a fall of share prices by 39% this year. There’s no doubt that Bharti Airtel has lost its status as a safe long-term…
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Indian Telecom at Cross-Roads
Feb 03, 2012 – The SC judgement striking down 122 telecom licenses from 2008 is a sharp indictment on governance in Indian Telecom. First Come First Served is a poor way to award licenses. The maximum damage may be to the new Telecom operators, and to business confidence of foreign investors. The justice process has just started with…
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Bharti Airtel – Take the call
Date: November12, 2011 CMP: Rs 396; Large Cap Advice: Safe long term investment Target: 18 month – 800 There is an update on this report called Bharti Airtel – This is a year of consolidation (Aug 2012) available for readers. Bharti Airtel is a large telecom player. The market leading India business is seeing high competition,…
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Bharti Airtel – CMP:331 – 2 years target 800 – Invest
Bharti Airtel is a bit of an enigmatic company. Emerging from humble origins, it has risen rapidly in the last decade to be today the largest telecom company in India by subscribers, revenues and profitability. Leaving in its wake the famed business houses of India. It is #7 in India in market cap. I first…
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