Wednesday, July 25, 2007

Bharti's Profit Doubles to $375 Million After Adding Record Users in India

(Bloomberg) -- Bharti Airtel Ltd., India's largest
wireless operator, said first-quarter profit doubled after
adding a record number of mobile-phone customers.

Net income climbed to a record 15.12 billion rupees ($375
million) under U.S. accounting rules in the quarter ended June
30 from 7.55 billion rupees a year earlier, the New Delhi-based
company said in a statement today. Sales rose 53 percent to
59.05 billion rupees.


Read more at Bloomberg Emerging Markets News

No comments: