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Bharti Airtel reply for clarification sought by exchange

05 Oct 2015 Evaluate

The Exchange had sought clarification from the company with respect to news article appearing in Economic times on October 01, 2015 titled ‘ASCI Tells Airtel to Stop Airing Misleading 4G Ad’. The company replied stating that the 4G technology is proven to deliver the fastest internet experience and the same has been accepted globally. Bharti Airtel is the only commercial providers of this world class technology in India and the advertising campaign of the Company revolves around the promise of fastest internet speeds and features a set of claims that are based on rigorous test conditions. In response to the communication from Advertising Standards Council of India (ASCI), the Company has engaged with ASCI to provide them with the technical data in support of advertising claims and are following the prescribed process to schedule a review of the said issue. The Company is confident of getting a favorable response from ASCI.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharti Airtel 1830.00
Vodafone Idea 13.84
Indus Towers 377.50
Tata Communications 1732.70
Railtel Corp. India 260.40
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