Wednesday, April 28, 2010

Growth Slows for Bharti

Bharti Airtel said that its revenues in the quarter ending March 31 rose 2% year-on-year to 100.56 billion Indian rupees (2.25 billion US dollars). For the year ending March 31, Bharti said its revenues rose 7% year-on-year to 369.62 billion rupees. As of March 31, Bharti had 127.6 million customers on its network, up 36% year-on-year.

Bharti said that non-voice revenues accounted for 11.8% of its mobile revenues in the quarter ending March 31, compared with 9.3% in the same quarter a year ago. source: Bharti Airtel statement

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