Bharti Airtel Limited lost the war against Vodafone Group plc (LON: VOD)

The Vodafone Group plc captures India

In brief: Bharti Airtel quarterly profit fell by 32%, and Vodafone Group plc (LON: VOD) continues to decline in price.

Vodafone Group plc (LON: VOD) has managed to win the fight in the Indian operator Bharti Airtel Limited. However, Vodafone Group shares up 151.70 points, losing -2.40 (-1.56%) today.

India’s largest cellular operator Bharti Airtel reported a 32% drop in net profit for the first quarter with the end of June 30 from 24.7 billion rupees a year earlier to 16.8 billion rupees ($ 361 million). During the price war with competitors – Reliance Communications and the Indian unit of Vodafone Group, – the company managed to attract fewer new customers. Bharti Airtel Limited is a mark of 319.70 points, losing -1.42%.

Ukrainian Globalist
2010-08-11 10:55, Economics.

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