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Airtel could lose revenue, but may withstand Jio: S&P
short by Mansha Mahajan / on Tuesday, 6 September, 2016
India's largest operator Bharti Airtel's revenue growth in the country may halve over the next two fiscals, but it has the capacity to withstand Reliance Jio's entry, S&P Global Ratings has said. Airtel is best-placed among India's incumbent players to compete with Jio and should be able to maintain its 'strong' market position with over 250 million users, S&P added.
read more at Business Today