India's Bharti Airtel Q2 profit drops on one-time charge

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BENGALURU, Oct 31 (Reuters) - Indian telecom operator Bharti Airtel (BRTI.NS) on Tuesday reported a drop in second-quarter profit, hurt by a one-time exceptional loss...

Consolidated net profit fell to 13.41 billion rupees ($161.1 million) for the quarter ended Sept. 30, from 21.45 billion rupees a year ago..

Airtel and rival Reliance Jio Infocomm, India's top two telecom operators, have been racing to capture a bigger market share with investments worth billions of dollars on network infrastructure to expand 5G services in urban areas and 4G coverage in the rural...

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