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Analysts bullish on Bharti Airtel despite Q1 loss; here's why

Analysts bullish on Bharti Airtel despite Q1 loss; here's why

“The key positive surprise in the results was 2% QoQ growth in ARPU (Average Revenue Per User) to Rs 157, the highest in 13 quarters, led by the residual benefit of tariff hikes in December 2019,” Jefferies said in a note.