Bharti Airtel net profit falls 65% on continued slide in Indian mobile market

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(Telecompaper) Bharti Airtel reported another drop in results for the fiscal second quarter to September, as regulatory price cuts and competitive pressure in the Indian mobile market offset growth in customer numbers. Revenues fell 6 percent year-on-year to INR 204.2 billion, and EBITDA was down 20.7 percent to INR 21 percent to INR 63.4 billion. 
Source: Industry News (syndicated from Telecompaper.com)

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