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Telecom sector out of danger, says Bharti Infratel chairman Akhil Gupta

Bharti Infratel on Thursday announced a 24 per cent year-on-year decline in its profit after tax of Rs 733 crore for the quarter ended September

Akhil Gupta, vice-chairman of Bharti Enterprises, Avanti Investfin
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Bharti Infratel Chairman Akhil Gupta

Megha Manchanda Mumbai
Bharti Infratel Chairman Akhil Gupta on Friday said the telecom sector was out of the woods and expects the future to be robust.

During the post-earnings conference call, Gupta said it was just a matter of time before growth returns in the telecom space. He hoped the trend would continue because the sector, as “Covid has shown, is the absolute lifeline of this country”.

Bharti Infratel on Thursday announced a 24 per cent year-on-year decline in its profit after tax of Rs 733 crore for the quarter ended September. The company had reported a profit after tax of Rs 964 crore in

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First Published: Oct 24 2020 | 12:24 AM IST

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