The recent clash between incumbent mobile operator and Reliance jio followed by TRAI Intervention dented Bharti Airtel share price. Long term investor should accumulate the share during market sell off and following are the reason.
Only operator who is having license for 22 circle in case of 4G. Their 70% more user Base will not be impacted by Jio launch.
They offer bundled voice plus data to enterprise and developed their Credentials and it will be difficult for Jio to break in as Enterprise believe in non disruptive service. Shift to jio network will be nothing but additional cost for Enterprise.
Airtel data users must be satisfied and that is the reason they have 60 million plus data user.
Bharti Airtel already pushed their 4G related application within Airtel user Base and have financial muscle to fight jio.
I am expecting INR 400 share rice by Jan mid 2017.Stay away from F&O market.Consult your financial advisor before investing
It is good as Airtel will bounce back after reliance shock.
ReplyDelete