Even though Bharti Enterprises has not achieved initial revenue targets in Africa, Akhil Gupta, Dy Group CEO & MD is optimistic that the company will soon capture the growing market there.
We have been against competition which is irrational, but competition per se is never an issue with us.
Dy Group CEO & MD
Even though Bharti Enterprises has not achieved initial revenue targets in
According to him, the company is likely to garner an annualised revenue of USD 4.4-4.5 billion and USD 1.2-1.3 million of EBITDA.
Below is the edited transcript of the interview on CNBC-TV18
Q: Going by current records, it is unlikely that your company will be meeting initial targets of revenues as well as EBITDA of USD 5 billion and USD 2 billion respectively in
Q: The decision that after paying Rs 1,650 crore, 4G license holders get to providing call services as well. What is your reaction and how will the company or industry react?
A: Unfortunately, I have not seen the full text of what was decided, so it is a little premature to comment. I think the issue will become clearer as we go along.
Q4: If another operator enters into the voice segment, do you see the possibility of going back to the highly competitive disruptive tariff regime that the telecom industry is just about getting out of?
Bharti Airtel stock price
On July 23, 2014, Bharti Airtel closed at Rs 354.25, up Rs 1.00, or 0.28 percent. The 52-week high of the share was Rs 373.50 and the 52-week low was Rs 279.25.
The company's trailing 12-month (TTM) EPS was at Rs 16.51 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 21.46. The latest book value of the company is Rs 152.21 per share. At current value, the price-to-book value of the company is 2.33.
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