and 3G services in seven African countries to deploy very slow. In addition

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$ 1.4 billion fell 31
Reported by the weakness of African businesses and the impact of rising costs, the company's first quarter net profit fell 31.5% below the market expectations in the year ended March 31 in the first quarter, Bharti Telecom net profit of 14 billion rupees (about $ 314.1 million) on revenue of 162.6 billion rupees (about $ 3.6 billion). FactSet statistics,ugg outlet, market analysts had expected, the company's first-quarter net profit will reach 17.1 billion rupees on revenue of 162.7 billion rupees last June, Bharti Telecom to spend $ 10.7 billion acquisition of Kuwaiti mobile operator Zain's African assets. Calculated according to the number of users,ugg outlet uk, Bharti Telecom also take trading to become the world's fifth largest mobile operator. Acquisition of Zain's African assets is done on the company's history, India's largest cross-border transactions, but Bharti after completion of the acquisition integration work has encountered certain difficulties Bharti Telecom acting CEO Acre Hill. Guba Tower (Akhil Gupta) said, there are huge African telecom industry structural defects, which leads to very high cost of doing business. Bharti Telecom executives said, the African telecom industry has strict guidelines on consumer understanding,ugg boots uk, for network operators supplier for supply constraints, and 3G services in seven African countries to deploy very slow. In addition, increased competition also contributed to the high operating expenses in Africa one of the reasons. Gupta said Bharti Telecom has plans to spin off its African operations as soon as a wireless base station operation business Bharti Telecom international business leader Manoj Kerry (Manoj Kohli) said that because of Bharti Telecom ready to peel African business networks and IT Operations business, the company has put 800 employees transferred to Ericsson, Nokia, Huawei and IBM partners. Kerry said, In Africa, fixed costs have been a preliminary signs of decline. He said that in the next 4-6 quarters, the African business spending will decline Bharti Telecom employees spending the first quarter compared with same period last year more than doubled to 9.5 billion rupees (about $ 213 million); Sales and marketing expenditures increased from 7.6 billion rupees a year earlier surged to 18.3 billion rupees (about $ 409 million). In addition,Ugg Boots Canada, the company's depreciation, license fees and network operating expenses also seen a sharp rise in Bharti Telecom also said that as of March 31, 2011, the total number of mobile users reached 212 million people, 131 million higher than the same period last year people CIO Club magazine
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