DAVOS/SWITZERLAND, 23JAN13 - Sunil Bharti Mittal, Chairman and Group Chief Executive Officer, Bharti Enterprises, India is seen during the televised session 'De-risking Africa - Achieving Inclusive Prosperity' at the Annual Meeting 2013 of the World Economic Forum in Davos, Switzerland, January 23, 2013.

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swiss-image.ch/Photo Remy Steinegger

Sunil Mittal on Tariffs, 4G & Competition: ToI Interview

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India’s highly competitive telecom industry will face “massive erosion of tariffs” with the entry of Mukesh Ambani-owned Reliance Jio Infocomm, Bharti Airtel Chairman Sunil Mittal said, adding that he expects only four private carriers to remain in the market in the next two years.

“What this industry has seen (so far) is only an erosion of tariffs. With Jio coming in, we expect massive erosion. It is going to add to pressure in the market,” Mittal told mediapersons at the headquarters of International Chamber of Commerce. Read more

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