- 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.
Sector Performance - Telecom
Telecom: Explosive growth in subscriber base
