Bharti Airtel Ltd. is the market leader (21.64% market share) in India’s wireless telecommunication service industry. It is the most trusted brand in the Indian telecom market. Bharti has been ahead of its peers since the last few years. Lately, the Indian telecommunication industry is witnessing an environment of intense competition. All the players are entangled within a margin-destroying price war; to increase their market share. Bharti too, has been witnessing troubled times, since the last few quarters, also because of high 3G payment, expected rise in debt etc.
- Will Bharti Airtel remain the leader, in this environment of intense competition?
- At its current price, what should be your investment decision?