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Business Daily from THE HINDU group of publications Tuesday, February 17, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1515 hrs (IST)
Info-Tech Bharti has 30% revenue market share, says Sunil Mittal BARCELONA: Ahead of its competitors in the subscriber base, GSM major Bharti on Tuesday said it has cornered a 30 per cent revenue market share in the overall mobile segment. “We have leadership of the market, (with) a 30 per cent revenue market share now. We don't talk about subscribers (any more),'' Bharti Group Chairman, Mr Sunil Mittal told PTI. The gap between (Bharti) and the next GSM operator was 10-12 million last year. Now the difference is over 25 million, he said. Asked about the company's views on 3G, which has been deferred to the next fiscal, Mr Mittal said, “There is no issue on time and we are not pushing for it. Let the Government take that call ... we can offer the first connection within six months of gett ing 3G spectrum.'' Mr Mittal said there is no point keeping the reserve price very high as that may result in certain areas not getting the bids at all, given the additional factor of the Government having the right to cancel the bids in case it (government) doesn't get th e money it is expecting.
The DoT had proposed a base price of Rs 2,020 crore for an all-India 3G licence while the Ministry of Finance wanted to double it. – PTI
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