MUMBAI -- Indian mobile carriers Bharti Airtel and Vodafone Idea suffered losses for the three months ended June as they spent to expand 4G coverage areas, while emerging player Reliance Jio Infocomm boosted its profit.
Telecommunication
India's big 2 mobile carriers fall into red, but upstart surges
Airtel and Vodafone weighed down by 4G investments as Reliance Jio adds subscribers
Bharti Airtel saw its bottom line driven down by depreciation and amortization expenses, as did peer Vodafone Idea. © Reuters
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