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    T
    Telecom Services
    SECTOR | 09 Dec 2022

    Smart growth in Bharti’s AGR market share

    buy
    Telecom Services
    by ICICI Securities Limited
    ICICI Securities Limited
    Industry AGR (incl. NLD) in Q2FY23 grew 1.6% QoQ / 16.4% YoY to Rs543bn. Bharti Airtel (Bharti) made an 83bps QoQ gain in AGR market share to 36.3% adding more incremental AGR QoQ (Rs7.6bn) vs RJio (Rs6.6bn).
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