Post conclusion of the rights issue, Bharti reported detailed 4QFY19 operating metrics. Marred by competition for the past several quarters, Bharti's India wireless EBITDA saw a strong turnaround in 4QFY19, up 32% QoQ (31% beat), primarily on the back of 4% QoQ revenue growth coupled with steady cost control. Consequently, margins expanded 500bp QoQ to 24.1% (est. of 19%)