About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, February 2, 2011

Bharti Boosted by Africa

Bharti Airtel, India's largest mobile operator, said its revenues grew almost 53% year-on-year to 3.52 billion US dollars in the quarter ending December 31, boosted by its acqusition of most of Zain's African operations. Bharti said its revenues in India and South Asia rose 13.7% year-on-year, while its revenues in Africa climbed 8.7% quarter-on-quarter to 911 million dollars.

Bharti said it had almost 128,000 base stations in 19 countries serving 208 million customers at the end of 2010. Its capital expendture in the quarter ending December 31 was 964 million dollars compared with 421 million dollars in the same quarter of 2009 (before it acquired the African operations). source: Bharti statement

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