Telecoms
  • A worker cleans a logo of Bharti Airtel at its zonal office building in the northern Indian city of Chandigarh May 2, 2013.

    India's No. 1 Indian mobile carrier, and the world's No. 4 by customers, Bharti Airtel Ltd., reported a 50% fall in quarterly profit that capped a third straight year of declining earnings. Net profit fell to R5.1 billion ($94 million) for its fiscal fourth quarter to end-March, from R10.1 billion a year earlier on revenue up 9.2% to R204.5 billion. But the company's subscriber growth and usage trends along with easing competition suggest the worst may be over.

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