Bharti's undersea fibre-optic cable connecting Chennai with Singapore has not been affected by the deadly tsunami waves, triggered by the massive quake off the Indonesian coast, its CMD Sunil Mittal said on Tuesday.
The 3G, 4G data and Airtel Money services are the next growth engines for the company in Africa.
Airtel already offers services in Sri Lanka, Bangladesh and 17 African countries apart from India.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
Since August 2013, FIPB has approved two FDI proposals in the telecom sector.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The lack of bandwidth and content means it will be a long time before online streaming services take off in India.
The company received a fresh equity infusion in 2012-13.
Sensex witnessed the biggest single day gain since May 2009 in absolute terms.
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
