The spotlight is clearly on India's largest telecom operator Bharti Airtel, as the country and the sector grapples with uncertainty around the future of new telecom operators and the 2G spectrum auctions, concerns around refarming of spectrum, among several other issues facing the sector. The company reported total revenues of Rs 18729 crore for the quarter, up 15% year on year, India and South Asia revenues of Rs 13421 crore, up 10.5% year on year. Its consolidated EBITDA was Rs 6,233 crore, up by 13.7% year on year, with EBITDA margin at 33.3%. Net profit for the quarter was 1,401 crore; For the fiscal, Airtel reported Rs 1,006 crore in Net profit, impacted by by higher costs on account of 3G license fee amortisation of Rs 106 crore, 3G interest costs of Rs 84 crore, forex fluctuation losses of Rs…
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