We were reporting the Bharti Airtel concall live. Read about the results here. From the concall: 2:33pm: (Akhil Gupta) We had suffered a loss of growth in traffic in the previous quarter, because we were correcting tariffs and maybe had become uncompetitive in some markets, which has now been addressed. In Africa, a pretty good quarter, and it's on a growth trajectory. The interest & amortization, because of 3G and 4G impacts profit. 2:36pm: In Africa, Rwanda was launched as the 20th country, in a record 83 days. 2:38pm: Huge competitive intensity and several regulatory challenges. The customers in India and South Asia are just under 200 million, and we do around 2.5 billion minutes per day. Africa has seen structural correction - managed serivces, CAPEX model, the outsourced IT. We have a customer base of 53 million, and adding 2 million a quarter there. Overall the year gone by has been an extremely important year in our history. We have made massive investments in the future, particularly in 3G, TD-LTE and M-commerce. India and Africa are on the verge of a data revolution. On the flip side, this was the most disturbed year in terms of regulatory developments, and unprecedented uncertainty. We're entering this new year as a fundamentally strong company, but the ability to make large investments in networks in India would depend on the outcome of the recent discussions and recommendations. We're hopeful that the government will take pro-customer, pro-industry decisions. 2:44 pm: (Sanjay Kapoor) The competitive…
Airtel
Airtel Q4-FY12 Concall: Double Digit Growth In Data; 1M MNP Port-Ins; Regulatory Disturbances
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