We were reporting the Bharti Airtel concall live. Read about the results here. From the concall: 2:03 pm Major developments: ( Sarvjit Singh Dhillon) Company continues to invest in 3G and 4G. We have started disclosing data metrics.BWA licenses in 4 circles and 3G licenses..$165 million in acquiring Qualcomm's 4G licenses. Enterprise value at $550 million. Launched 4G services in Kolkata and Karnataka. Bharti Infratel will benefit from data strategy. Have bought in private equity entities to make the company public. Exact details subject to market decisions. Will be taken by board of directors final decision. 2:07: Data Matrices: Over 20% subscribers are wireless data users. We expect this to continue. 3G services in 1100 cities and towns. 3.7 million are active 3G users. Fairly satisfying quarter - 9 billion minutes on our network growth - 4% growth in a seasonally sluggish quarter. TRAI guidelines came into force in March full quarter impact on our financials. Procesing fee has hit the industry at the wrong time..Realisations are far lower.. We are appealing to regulator to remove this cap. Capital investments Rs 2900 crore taking place. Africa: Quarter of continued investment - topline was $5 million 17%YoY growth. 15,000 2G sites and 5,000 3G sites in Africa..1.24 million retail distribution points in Africa. 261 million global subscriber base. Q& A Session 2:15: Sanjay Kapoor- On 2G Auction - Process of auction - These are early days- Can't share how we'll execute our strategy at this stage. We're evaluating it internally. On Mobile…
