Bharti Airtel Could Boost Free Cash Flow in Next Two Years: Report
Bharti Airtel, the second-largest telecom company in the country, is likely to generate significant cash flows in the next two years. This will be due to several reasons including moderation of capex (capital expenditure), and a boost in revenues through frequent tariff hikes, the upgradation of consumers from 2G to 4G, and the expansion of homes services. The telco is expected to deliver 13-16% growth in consolidated revenues compounded annually... Read More