Bharti Airtel Shares Decline in Mumbai After Nigeria Unit Price-War Report
Bharti Airtel Ltd., India’s largest mobile-phone operator, dropped 3.4 percent to 347.9 rupees as of 1:22 p.m. in Mumbai trading, set for its sharpest decline since Nov. 12.
A reduction in call rates by Bharti’s Nigerian unit may trigger a price war, BusinessDay newspaper reported, citing analysts it didn’t identify.
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