Analyst Expects Airtel To Soon Hike Tariffs
Bharti Airtel, the second largest wireless operator in India is soon expected to hike tariffs, Motilal Oswal said in a report on Wednesday. The firm said that the tariff hike “which looked uncertain” in the past six to nine month period “has now started to look imminent” due to the “weakening of industry subscriber growth.” However, Motilal Oswal highlighted that the earnings outlook of Airtel “remains strong” due to the “steady 4G subscriber additions....