Business Analyst Corner— Bharti Airtel: Reiterate ‘buy’ and raise target price by 14% to Rs 650 News Desk January 13, 2021 We estimate spectrum investment of Rs98 billion by Bharti Airtel, Rs125 billion by Reliance Jio and Rs33 billion by Vodafone Idea in the upcoming auction. By HSBC Global Research Arpu …