Bharti Airtel Reportedly Seeks Deferred Spectrum Payment, Lower Taxes
Bharti Airtel, India's leading telecom operator, has reportedly sought relief from the government in terms of lower taxes and deferred payment for spectrum purchase, following plunging profits and lower realisations from both voice and data operations due to intense competition triggered by Reliance Jio's entry with disruptive pricing. Bharti Airtel reported 72% decline in profit for the fourth quarter of 2016-17. The telco's India and South Asia CEO Gopal Vittal... Read More