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.

To contact the reporter on this story: Shikhar Balwani in Mumbai at

To contact the editor responsible for this story: Margo Towie at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.