One of the most well known Telecom entities of India, Bharti Tele-Ventures (BTVL) has announced big plans about expanding their position in the Indian market. The company is aiming to invest around USD 1 Billion in the various services under the Airtel brand name during the current financial year. This is around a 15% improvement over the investment BTVL made last year, which came to around USD 875 million.
Majority of this investment from the company would go into expanding the mobile business, which in return brings the company its maximum revenues. Most of the customers of the company are related to this stream of Bharti’s business line. More and more cities are going mobile overtaking the number of local fixed line connections. This gives the company a huge opportunity to expand their customer base.
Majority of this investment from the company would go into expanding the mobile business, which in return brings the company its maximum revenues. Most of the customers of the company are related to this stream of Bharti’s business line. More and more cities are going mobile overtaking the number of local fixed line connections. This gives the company a huge opportunity to expand their customer base.
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