Bharti Airtel to be competitive in pricing
NEW DELHI, Oct 30 (Reuters) - Bharti Airtel Ltd, India's top mobile operator, will be competitive in pricing, said Akhil Gupta, a director at the firm.
Earlier Bharti reported a 13 percent rise in quarterly profit that lagged analysts' estimates as an increasing number of low-paying users and price competition weighed.
India's mobile industry, the world's fastest-growing major market, is becoming increasingly competitive, with existing players cutting rates to attract subscribers before four new firms start operation this year. (Reporting by Devidutta Tripathy; Editing by John Mair)
© Thomson Reuters 2009 All rights reserved



