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Bharti Airtel's African foray has always meant big pressure on it. On Wednesday, the Sunil Mittal-led cellular operator, with presence in a little more than 20 countries, reported a 115 per cent jump in consolidated net income for October-December, after a decline in the earlier 15 quarters.
However, its operations in Africa continued to under-perform, with a net loss of $154 million. This was the highest quarterly loss since Bharti acquired Zain Telecom's African assets.
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Source: Business Standard
However, its operations in Africa continued to under-perform, with a net loss of $154 million. This was the highest quarterly loss since Bharti acquired Zain Telecom's African assets.
Click here to read more
Source: Business Standard
