India Rich List 2020: Sunil Bharti Mittal Makes Gains
India Rich List: Sanjeev Bikchandani, edging upward Increased data consumption by those stuck at home during the pandemic led to a 73 percent surge in Bharti Airtel’s data use in the quarter ended June, boosting revenue 15 percent in that quarter to $3.2 billion compared to a year ago. Average revenue per user, a key industry metric, increased 22 percent to 157 rupees. Mittal declined to comment. It’s been four years since rival Jio, owned by Reliance Industries, unleashed a price offensive that thinned the privately owned telecom sector from ten companies to three. Fellow billionaire Ku...
Source: forbesindia.com