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Bharati Airtel too desparate to expand outside india

sakar's picture
Submitted by sakar on February 14, 2010 - 01:22

Bharati is offering $10B for Zain Telecom's Africa business. Recently Bharati tried to go with MTN that was unsuccessful. Zain has over 41 Million customers in Africa. Growing at rate fo 24% africa is becoming next big market for Telecom.

How can this affect Bharati in short and long horizon. I think Bharati might take some decision which can negatively affect it's profitability and stress balance sheet in short term. Long term nature of these deals will be known once more details are out. I am staying out of Telecom and Bharati in particular.


There is some buying in this stock recently but now huge commitment volume is low and funds are getting big money in this stock.

Most of money in telecom stock has already been made.


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