According to a report by brokerage firm CLSA, Bharti Airtel is best placed to ride the data growth in India, which will contribute 50 per cent of the operator?s incremental mobile revenue over 2014-2017.
The brokerage firm states that in a more stable regulatory regime, despite higher capex and higher payments for the spectrum acquired in the last round of auction, Bharti Airtel with a strong cashflow will be able to improve its balance sheet. Further, with adequate spectrum and widespread infrastructure, CLSA expects Bharti Airtel?s mobile data subscriber base to reach 129 million by 2017. Growth in mobile data subscriber base coupled with an increase in voice revenue per minute is expected to improve an operator?s average revenue per user by five per cent.
