Bharti Airtel to Spend Rs 9800 Crore in Spectrum Auction: HSBC
HSBC Global Research in a report on Monday said that it expects Bharti Airtel to invest Rs 9800 crores in the upcoming spectrum auction. The independent research firm with a “strong focus” on the emerging markets said that it doesn’t expect the wireless operators to purchase the entire spectrum set for renewal. HSBC also said that Airtel is set to witness an improvement in its average revenue per user (ARPU)... Read More