India's Bharti sees more outsourcing deals in India
NEW DELHI |
NEW DELHI Nov 9 (Reuters) - Bharti Airtel (BRTI.BO), India's leading telecommunication firm, sees more network outsourcing activity in Indian telecoms, a top official said on Monday.
"I can say more of such outsourcing will happen," Bharti's Chief executive Manoj Kohli told reporters at the World Economic Forum.
In April, Bharti signed a five-year managed services deal with Alcatel-Lucent (ALUA.PA), worth $500 million. [ID:nBMA002836]
Industry-wide average revenue per user (ARPU) will continue to fall on rising competition, but the ongoing price war is only a short-term phenomenon, he said. (Reporting by Devidutta Tripathy; Editing by John Mair)
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