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Bharti Airtel to benefit most from data boom - CLSA

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Reuters

Reuters Market Eye - Shares in Bharti Airtel Ltd gain 3 percent after CLSA says the wireless services provider "is best placed to ride the data boom in India." * CLSA cites Bharti's 72 percent mobile market share would allow it to benefit most from a jump in mobile data subscribers.

CLSA adds Bharti's operations in Africa are also improving, and maintains its "High-Conviction Buy" rating on the stock with a target of 390 rupees.

(Reporting by Abhishek Vishnoi)

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First Published: Apr 02 2014 | 3:08 PM IST

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