Bharti Airtel: For a few followers more?
Wednesday, January 18, 2012
Bharti Airtel's pride on its corporate governance example for the industry is being seriously challenged again and again with regulator face offs where the company continues to claim the moral high ground on intra region roaming, tarriffs being too low and more..The latest salvo is the IT department slapping a $300 mln tax demand on the company for hiding revenues and not paying taxes. ( INR 15.45 bln in back taxes)
Nigerian government recently pulled up the Top 3 to ensure enough investments in the sector are made and Bharti Airtel is again with the policymakers int he move but seemingly for the first time wothout a voice like it had on home ground.
The third challenge is even more different as the larger organisation gets too unwieldy for a single identity, with Nokia that losst one third of its India market share still Brand #1 and even Samsung at #4 does not seem to be within screaming distance of brand Airtel! what's wrong?
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