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Bharti Airtel to spend 146.67B rupees in Indian, South Asian markets

will infuseabout 146.67 billion Indian rupees into the Indian andSouth Asian markets to improve its network capabilities, the Business Standard reported Sept. 23.

Theinvestment will be made during India's current fiscal year, with Airtel alreadyincurring CapEx of 41.33 billion rupees in the first quarter of fiscal year2017.

The Indiantelco announced in 2015 that it would invest 600 billion rupees in three yearsfor network upgrades, the report said.

As of Sept. 22, US$1 was equivalent to 66.57Indian rupees.