Customer additions boost Airtel
The stock of Bharti Airtel rallied 6 per cent last week despite weak results. Strong competition and free services by Reliance Jio impacted the company’s performance, but the market seemed please by good addition to the customer base. Airtel’s revenue declined 12 per cent in the March quarter due to sustained free services of Jio, which resulted in migration of customers. The revenue fall cou...
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