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Tuesday, May 6, 2008

Buy Bharti Airtel on dips

Buy Bharti Airtel on dips

The first thing Bharti Airtel rings a bell is a similar thing Tata Tea did some years ago. There is always an initial skepticism, there is a question mark on local companies ability to be able to fund such a large international acquisition and then given the cultural disparity to make it work. Tata tea set up a good track record there. Given this trend of the Bharti business model, Mr Mittal has gone on record to say that the immense success of his business model makes him very optimistic of taking it across the globe and South Africa seems to be the first market where he wishes to test it out."

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