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Mittal, Ambani set for knockout in 2020 heavyweight telco champion's title

It's been a bruising battle but Mittal has managed to remain standing without conceding much market share to his rival and keeping his debt under control

Surajeet Das Gupta  |  New Delhi 

In the bout for the 2020 undisputed heavyweight champion’s title, there are no prizes for guessing who the contenders are.

In one corner of the ring is Sunil Mittal, the undisputed star for decades whose company Bharti Airtel has been ousted from the top slot — in terms of revenue market share — this year. It’s been a bruising battle but Mittal has managed to remain standing without conceding much market share to his rival and keeping his debt under control, even though it could be high in the red (a loss of over Rs 23,000 crore) if he has to pay the entire AGR dues ...

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First Published: Tue, December 24 2019. 22:04 IST
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