Global Post, 2 May 2013
India's top telecoms company Bharti Airtel said Thursday its net quarterly profit halved in its final financial quarter to March, hit by fierce competition and punishing interest charges.
Consolidated net profit for the three months to March tumbled to 5.08 billion rupees ($94 million), down from 10.06 billion rupees in the same period a year earlier.
Bharti, the world's fourth-largest operator globally, with 270 million clients, is one-third held by Singapore's SingTel and operates in 20 countries across Asia and Africa. Full story
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