Akhil Gupta on how Bharti Airtel survived a tough telecom industry & plans for next 10 years
“The big hindrance in telecom development in India today is the very poor return on capital which this industry has and at some point of time, that will have to change because otherwise the investments will dry up. So, return on capital is a big hindrance today and that is the reason why we are seeing a very big and a very respected player being in serious trouble. This industry’s financial health has got to improve if we need to fulfill the dream of bringing digital connectivity across this country,” says Akhil Gupta, Vice Chairman, Bharti Enterprises