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Bharti Eyes Nasdaq, To Invest Rs 2000 Crore

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Our Corporate Bureau BUSINESS STANDARD

Bharti Tele-Ventures Ltd is exploring the possibility of listing on the Nasdaq in 2004-05 and plans to invest Rs 2,000 crore during the current fiscal.

Sunil Bharti Mittal, chairman and managing director, Bharti Enterprises, said the telecommunications market is set to consolidate and by March 2004, only four players will be left.

Bharti apart, it could be Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd, Reliance Infocomm and either Tata or Hutchison, Mittal opined.

Mittal, on the move towards an unified licence, said,

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First Published: Jul 25 2003 | 12:00 AM IST

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