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This weblog captures key data points in the development of the global telecoms industry.

Monday, November 7, 2011

Bharti Invests in Growth


Bharti Airtel, with operations spanning 19 countries in Africa and South Asia, said that its revenues rose 13% year-on-year in the quarter ending September 30th to 172.7 billion Indian rupees (3.52 billion US dollars). The group's customer base climbed 22% to almost 237 million.

After expanding its African networks, Bharti said it now has 135,813 network sites compared with 123,869 a year earlier. Capital spending was up 43% year-on-year to 47.29 billion rupees in the quarter. In Africa, where it added 925 new base stations in the quarter, capital spending rose 586% to 575 million dollars. source: Bharti statement
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