Monday, 10 December 2018

Bharti Airtel fiscal Q3 profit plummets amid price war

By Nick Wood, Total Telecom
Wednesday 25 January 17

India's biggest mobile operator reports 3% decline in revenue, blames Jio's 'predatory pricing'.

Bharti Airtel on Tuesday reported a 54.6% fall in fiscal third quarter profit, as the price war sparked by Reliance Jio Infocomm's aggressive tactics weighed on revenue. India's biggest operator generated group revenue of 233.36 billion rupees (€3.19 billion) during the three months to 31 December 2016…

Bharti Airtel on Tuesday reported a 54.6% fall in fiscal third quarter profit, as the price war sparked by Reliance Jio Infocomm's aggressive tactics weighed on revenue. India's biggest operator generated group revenue of 233.36 billion rupees (€3.19 billion) during the three months to 31 December 2016…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry