Bharti Airtel is India's second-largest telecom with a structural position to benefit from multi-year ARPU expansion as the market duopolises between Airtel and Reliance Jio. African operations (Airtel Africa) provide EM optionality with strong data penetration growth. Enterprise and B2B segment growing rapidly. 5G rollout ahead of schedule with premium tier pricing improving mix.
Thesis reviewed May 29, 2026
Bharti Airtel Ltd is headquartered in India, which is currently showing moderate signals.
🇮🇳India52AVOIDView India risk detail →📡Telecom29NEUTRAL| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| T | AT&T Inc. | 36 | +2% | ↑1% | NEUTRAL |
| ERIC | Telefonaktiebolaget LM Ericsson | 33 | +5% | ↑1% | EARLY |
| VOD.L | Vodafone | 33 | — | ↑1% | NEUTRAL |
| CHA | China Telecom Corporation Ltd | 33 | +8% | ↑1% | NEUTRAL |
| AMOV | América Móvil S.A.B. de C.V. | 33 | +9% | ↑1% | EARLY |
| ORAN | Orange S.A. | 33 | +1% | ↑1% | NEUTRAL |
| VZ | Verizon Communications Inc. | 33 | +1% | ↑1% | NEUTRAL |
Investors who hold BHARTIARTL may also have indirect exposure through these country funds.
Airtel India ARPU hits Rs 233, up 12% YoY as premium tier expands
Airtel Africa data revenue +24% YoY; Nigeria recovery outperforming
5G subscriber base crosses 100M; monetisation premium confirmed vs 4G