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Is TRAI’s Guideline Responsible For Airtel’s Profit Decline In Q1 Ended June?

Undoubtedly, there's a hyper-competition in Indian telecom sectors. In addition to this, there are lots of restrictions for telecom vendors in the country. India’s largest telecom vendor—Bharti Airtel—has reported profit decline in its 10th straight quarter. The telecommunication company reported consolidated net profit of INR 762 crore ($138 million) for the quarter ended June of this year, down from INR...

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