SUBSCRIBERS
Data boom will not last forever for India's phone tycoons
For now, some investors are ignoring the risk of revenue stalling with data prices plunging in a fierce price war
Add BT as a preferred sourcePublished Mon, May 9, 2016 · 09:50 PM
Singapore
INDIA'S reigning telecom tycoons, Sunil Bharti Mittal and Kumar Mangalam Birla, couldn't possibly be more satisfied. Or more nervous.
Mr Mittal's Bharti Airtel just finished its financial year with 120 billion rupees (S$2.5 billion) in revenue from data, a near-threefold increase in two years. Mr Birla's Idea Cellular matched that growth rate and reported 69 billion rupees in annual sales from data plans.
Share with us your feedback on BT's products and services
