Monday, March 12, 2007

Bharti to invest $8b by 2010

Striving to retain the leadership position in the mobile industry, Bharti Airtel will invest a massive $8 billion by 2010 to have a 25% market share.

The aggressive expansion programme assumes importance in the wake of imminent entry of global mobile leader Vodafone through acquisition of Hutch-Essar, an announcement after which Mittal had said that Bharti would continue to be the numero uno player in India.

Read more inThe Times of India article.

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