Monday, 05 December 2016

Bharti posts profit hike but Africa ops weigh heavy

By Mary Lennighan, Total Telecom
Tuesday 29 July 14

Indian telco's earnings impacted by EBITDA loss in Africa; overall customer base reaches 300 million.

Bharti Airtel saw net profit increase by 61% in the second quarter of the year to 11.06 billion rupees (€137 million), but weakness at its Africa operations ate into growth in India. At group level the Indian operator posted EBITDA of INR77…

Bharti Airtel saw net profit increase by 61% in the second quarter of the year to 11.06 billion rupees (€137 million), but weakness at its Africa operations ate into growth in India. At group level the Indian operator posted EBITDA of INR77…

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