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Singtel's Bharti Airtel welcomes Indian government's reforms for telco industry

Felicia Tan
Felicia Tan • 2 min read
Singtel's Bharti Airtel welcomes Indian government's reforms for telco industry
Shares in Singtel closed at $2.38 on Sept 15.
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Bharti Airtel, a subsidiary of Singapore Telecommunications (Singtel), says it welcomes the policy directions and interventions announced by the government of India on Sept 16.

The directions and interventions are said to support the telco industry in the country that has so far seen stress, high debt and a low return on investments.

The reform package will catalyse “explosive” growth in the telco sector, says Bharti Airtel.

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