Enhanced customer base, improvement in ARPU, lower access charges and enhanced focus on digitalization should drive growth over longterm. We expect company to maintain solid position in DTH and Mobile services business, and hence reiterate our BUY rating on the stock with a revised TP of Rs. 856 based on SOTP valuation. New customer base continues to drive revenue growth Bharti Airtel's Q2FY22 revenue rose by 13% YoY to Rs. 28,326cr, mainly driven by an increase in customer base (+9.1% YoY to reach 480mn). Revenue from India mobile services, the largest revenue generating segment, grew 9.8% YoY to Rs. 15,191cr, and...