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Bharti Airtel’s operating performance boosts outlook

30
Oct
2013

By Matthias Williams NEW DELHI (Reuters) – Bharti Airtel Ltds better-than-expected operating performance and higher margins reinforced expectations that Indias long-suffering mobile phone services market is turning the corner even as the market leader reported its 15th consecutive quarter of declining profit. Bharti shares were trading up 3.5 percent at 353.70 rupees in morning trade after rising as much as 5.5 percent in a Mumbai market that was up 0.2 percent. …

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