'My satellites have been hovering 5 years, I'm ahead of Musk in the queue,' says Sunil Bharti Mittal
Bharti Airtel is in focus.
· Business Today Mkts, LiveMint Companies
Starlink has already received a Global Mobile Personal Communication Satellite (GMCPS) licence and authorisation from Indian National Space Promotion and Authorization Centre (IN-SPACe).
The analysis
Against that, the stock is -0.4% on the day at ₹1,798.70, and has returned -7.2% over three months. It sits 17% below its 52-week high. The telecom & media sector has moved +2.9% over the same period, so Bharti Airtel is running 10.1 points behind its peers.
For Bharti Airtel, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Market context
- The company directly in focus is BHARTIARTL.
- Sector exposure: Telecom & Media.
In this story
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