Tuesday, May 29, 2012

>BHARTI AIRTEL: Acquires 49% interest in Qualcomm's



  • Acquires 49% interest in Qualcomm's four circles - Delhi, Mumbai, Haryana and Kerala - US$165mn.
  • Bharti to get better ability to segment market using combination of 2G, 3G and 4G in 18 circles (85% of its India wireless revenue)
  • No material impact on earnings in near term, maintain Reduce

To read report in detail: BHARTI AIRTEL 
RISH TRADER

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