Bharti Airtel among 3 telecom stocks that can give good returns

NEW DELHI: Bharti Airtel, Indus Towers and Sterlite Technologies are three telecom stocks on which Jigar Shah, CEO, Maybank Kim Eng Securities India, is bullish on. Edited excerpts from an interaction:

What are your thoughts on the telecom sector?
The tariff change largely depends on when Reliance Jio wants it to change. We are the lowest in terms of tariff globally and the data consumption keeps going up. As the 5G auction nears, telcos, including Jio, will require a lot of funding because they will have to make investments which will give them return only after a few years.