India: Margins Under Pressure Across Sectors, Is Demand Really Strong and What It Means for Markets?
As 2Q FY19 earnings season comes to a close, there is clear message that while many companies across sectors have not done badly on sales growth,...
519 Views
Bharti Airtel: Saved by Africa
Bharti Airtel (BHARTI IN) (“Bharti”)’s management announced on 24-October that it would sell a minority stake in Airtel Africa Ltd. (AA), its...
601 Views
Bharti Infratel: Cutting Forecasts as Major Customer Viability in Question.
In our recent note Vodafone IDEA Viability in Question. We Think They Need an $8-9bn Equity Injection, we looked at the financial stress that the...
388 Views
Vodafone IDEA Viability in Question. We Think They Need an $8-9bn Equity Injection..
The performance of the recently merged Vodafone IDEA (IDEA IN) is deteriorating. In 1Q the merged entity lost 9.6m customers, 1.9% of revenue share...
642 Views
Indian Telcos Struggle as Jio Gains More Ground. Bharti Doing Relatively Better than IDEA.
The pressure from Jio on the incumbent telecom players in India remains unrelenting. This is seen most clearly in IDEA's (IDEA IN) worsening...
375 Views