Analysts predict that throughout the period of FY22—25E, the Indian telecom sector would see considerable growth due to industry consolidation and tightened ARPU guidelines. By the calendar year 2027 (CY27), the cost of 5G services in India is projected to be between Rs 580 and Rs 1,300 billion in the connectivity and business markets. Despite this, Prabhudas Lilladhar analysts have started “buy” coverage on Bharti Airtel with a target price of Rs1,032.
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