Bharti remains top pick; suspend rating on Voda Idea The development is likely to turn the Indian telecom market into a duopoly of two private players with BSNL/MTNL being a distant third. We reiterate that Bharti Airtel remains the preferred pick in the telecom space given its resilient performance amid challenging times with improving market share and relatively stronger balance sheet to weather the challenges. While we continue to remain a believer of the thesis that the government should provide some relief, whether on moral grounds or need of the hour for...