Bharti Airtel (Airtel) reported healthy performance across parameters, especially in the India business in Q1FY2020. Reported financials are not comparable on account of the switch to IndAS-116. For comparison, we have adjusted numbers only for IndAS-116. Revenue growth was in-line, at 0.5% q-o-q. India business revenue grew 0.7% q-o-q and 3.4% q-o-q adjusted for the DTH business. India wireless business revenue rose by 2.2% q-o-q, led by a 3.2% q-o-q rise in ARPU to Rs. 127 (reported Rs. 129). Africa revenue grew 2.6% q-o-q...