Sector Performance - Telecom

Telecom: Explosive growth in subscriber base
  • The launch of the various pre-paid schemes of low denomination and longer validation period, an aggressive expansion in the B and C category cities and the falling prices of handsets continued to drive the explosive growth in the subscriber base during the fourth quarter.
  • During Q4FY2006 Bharti Tele-Ventures added more than 2.5 million subscribers. Expect the company to report a 42% growth in its net profit yoy, as its margins are likely to improve on the back of the success of its
    "Lifetime free incoming" offer.
 

© blogger templates 3 column | Make Money Online