The Indian telecom czar said Bharti Airtel’s balance sheet remains “healthy and strong”, and that he does not think Bharti will go into losses under competitive pressure although one can “never say never”.
Mittal categorically ruled out an exit from Africa operations, but said Bharti will explore merger and consolidation in certain African markets where it is not amongst the top two players.
Admitting that Jio’s decision to start charging customers from April 1 was “good news” for operators, he said it however, would not signal the end to tariff war.
