Telecom tower company Bharti Infratel posted revenue of Rs 3,655 crore (+7 percent), EBITDA of Rs 1,613 crore (+8 percent) with operating margin of 44.1 percent in the third quarter ended December 31, 2017.

“While there would be more exits due to consolidation in coming few quarters, we expect the overall long-term impact to be positive due to expected accelerated step-up of nationwide 4G rollouts by remaining operators,” said Akhil Gupta, chairman of Bharti Infratel.