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THE TOP 10: Bharti Airtel extends its reach

September 01, 2008  

India's leading mobile phone firm is attempting to expand its network via the country's vast and largely untapped rural population. The firm's chief executive, Manoj Kohli, is not concerned that average revenue per user is falling and is on the lookout for acquisitions, but he's not naming names. Ruth David reports.

In Hong Kong, it's not unusual to see people chatting on their mobile phones in the subway. Cut to India's commercial hub Mumbai, and you're more likely to see users cursing their network providers as a call cuts out for...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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