Airtel revenue growth over FY22-24 expected to grow 22% annually: Goldman
The global brokerage expects Airtel to raise tariffs once annually – the next hike before end of CY22 — and coupled with continued 2G to 4G/5G conversions, it forecasts the telco’s wireless revenues to grow at a 22% FY22-24E CAGR (18% at a consolidated level).
