New Street Research - Bharti Airtel (532454) New Street: Indian mobile: Jio valuation: all interests aligned in higher prices; bullish Bharti

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New Street Research

Chris Hoare

EUR 1177.30 For Business Accounts Only

New Street: Indian mobile: Jio valuation: all interests aligned in higher prices; bullish Bharti

Jio is likely heading towards IPO either late this year or in 2021. On our current ARPU forecasts we think the business is worth $88bn, but the biggest variable to this valuation is ARPU.

27/01/2020 10 EN

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Bharti Airtel

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Chris Hoare

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New Street: Indian mobile: Jio valuation: all interests aligned in higher prices; bullish Bharti

Indian Telcos Q3 FY25 review: Sustained margin expansion from July’s price increase

EM FWA-Watch S-Curve continuing to accelerate in India, with implications for EM generally

Indian Telcos & Towers News reports that the Indian government may voluntarily give telcos $12bn of relief on AGR liabilities would be a thesis-changing event. If it happens it would be probably the biggest ever positive regulatory decisio

Tariffs & TSMC: the baseline & what’s next

TeleColumbus Q4 results and 2025 outlook – Bullish thesis intact

Odido (T-Mobile NL) (Equal Weight) Q4 24: Good cost control and operational gearing; IPO still possible in 2025

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