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Reliance Jio's high capital expenditure boosts Bharti Infratel scrip

Expected to get a big share of former's tenancy additions

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Bharti Airtel Shares

Ram Prasad Sahu  |  Mumbai 



Bharti Airtel, airtel

The stock of Bharti Infratel, which manages telecom towers and communication structures for various mobile telephony operators, gained seven per cent over the past week. That was after brokerages upgraded it on expectation of higher orders from the Reliance Jio rollout, besides investor preference for with a stable revenue model.

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First Published: Fri, July 07 2017. 00:30 IST

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