Airtel is Raising Funds from Overseas, May Bid for OneWeb, Tower Co, Meger Delayed

For last few posts by me here are all regarding Jio and its fundraising. Let get back to Jio's most commendable competitor - yes, that's Airtel. The rivalry on telecom turf between Mukesh Ambani and Sunil Mittal is pretty old. And Ambani's comeback to Indian telecom was a supercharged show. But Airtel is not just sitting idle, and they are fighting back - ARPU is growing, and stock market value is increasing. But incumbents Airtel and Vodafone Idea both are now stuck by huge AGR dues as directed by Supreme Court. 

I will share all latest development in Airtel in this post. 

After Jio started its stake sale, there was market rumor that Google may invest in Vodafone Idea, while Amazon may invest in Airtel. However none came true so far. 

Airtel is Concentrating into Betterment of Networks & Enterprise Business

As Jio is getting invested from overseas, to be debt-free and being financially prepared for 5G, Bharti Airtel is not standing idle, they are investing on networks as well as future networks. For Airtel 4G expansion and being 5G ready is crucial, as Airtel is all set to phase out 3G. As their 4G network is not omnipresence, they can't shut down 2G services anytime soon.

So Airtel has to increase 4G footprint, significantly in rural areas. Also in urban areas their capacity to handle wireless data is to be increased multifold in the time of Covid-19 due to lockdown as people are working from home.

Airtel Xtream to Add Lionsgate Contents Very Soon

Bharti Airtel is leaving no stone untouched to win the telecom game. While the telecommunications in India has seen expansion from simple call to video on the go, 2G to 4G, the new value added services is the content. 

The trend of offering good content to the subscribers was formed by Reliance Jio, they already have a seperate company for that - Jio Platforms Ltd, spun off from the main company. Jefferies research reports that the company, Jio Platforms which takes care of digital services (a suite of Jio apps and strategic investments) may have an estimated valuation of $65 billion-$70 billion. And Jio Platform is the second highest valued digital platform in the world after Amazon when considering EV/EBITDA (enterprise value by earnings before interest, tax, depreciation and amortisation). Going by this finance Jio Platform is ahead of Alphabet, Apple or Alibaba.