Bharti Airtel Q2 consolidated net income declines 4.9%, says mobile biz growth down due to free services by Jio
Bharti Airtel’s consolidated net income for the second quarter ended September 30, 2016 declined 4.9% to reach Rs 1,461, as compared to Rs 1,536 crore in corresponding quarter last year, the company said in a statement. The telco said that its mobile business experienced a slowdown in growths during the quarter due to free services being offered by a new operator. Airtel’s consolidated revenues stood at Rs 24,652 crore grew 5.6%... Read More
