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Finding the best telecom stock for 2010

azizkhan's picture
Submitted by azizkhan on January 2, 2010 - 05:12

Wired telephone are loosing shine and wireless rates are dropping. Competition is tough that brings me to an interesting point I have not seen in last 3 years. Telecom stocks in fastest growing telecom market in world available at steep discount. Look at these p/e and p/book value and its no brainer which one is cheapest stock.

Cheap and best are two completely different things.  While R com looks cheap with market cap of 1/3 compared to Airtel , Airtel has shown strong execution strategy and proven again and again that it's the best telecom operator in Indian market.

My strategy will be to buy both players Airtel and Rcom and hadge by bet.


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