Bharti Infratel quarterly profit climbs 1.58%
Source: IRIS | 23 Apr, 2018, 06.10PM
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Rating: NAN / 5 stars. |
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Akhil Gupta, Chairman, Bharti Infratel, said, ''The year gone by saw unprecedented consolidation in the Indian telecom industry with five operators ceasing to exist either on account of mergers or outright shut down of operations. Our Company saw loss of 22,134 co-locations on this account during the year. However, despite this the overall performance for the year vs. last year has been robust which bears testimony to a sound business model and our leadership position. We believe that with rapidly growing data demand which would require large network ollouts, we are poised for a strong potential in the coming years. We are fully prepared to exploit this and meet all requirements of our customers for speedy rollouts.''
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