Earlier this month, the company unveiled its audited consolidated results for the first quarter ending on June 30. During Q1FY24, Bharti Airtel achieved consolidated revenues amounting to Rs 37,440 crore which signifies a substantial growth of 14.1% compared to the previous year.
Bharti Airtel pre-pays Rs 8,024 crore towards spectrum liabilities acquired in the 2015 auction, benefiting from lower-cost financing. The company cleared the deferred liabilities with an interest rate of 10% to the Department of Telecom (DoT).
Airtel will augment its network making its services available to cities across the entire state in due course. Customers will now be able to experience ultrafast, reliable and secure 5G Plus services without having to worry about data exhaustion as the company removes the capping on data usage.
Speaking at the Mobile World Congress (MWC) in Barcelona, Sunil Bharti Mittal said, ""It (tariff hike) will happen across the board," which means the cost will go up across all plans.
Bharti Airtel, a leading Indian telecom operator, has increased the validity of its Rs 359 prepaid plan to 1 month from 28 days.
Airtel is likely to end all 28-day calling plans with SMS and data priced below Rs 155. This means that even for getting SMS service in the monthly plan, a customer will have to recharge his mobile phone account with a Rs 155 voucher.
Airtel Xsafe uses extremely advanced cameras that enable motion detection, allowing users to have a chat with their loved ones from wherever they are and provide a 360-degree view of what is happening at home through the Airtel Xsafe App. The new solution is available across 40 cities.
Nxtra will be the first data centre company in India to deploy fuel cell technology to reduce carbon emissions at its data centres while unlocking cost and sustainability benefits.
Bharti Group chairman Sunil Bharti Mittal's family and Singtel own Bharti Telecom (BTL).
This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment.
5G network: India's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with a Rs 88,078 crore bid.
The auction is being held for spectrum in various low (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), mid (3300 MHz) and high (26 GHz) frequency bands.
In June, Airtel and TCS had announced a strategic partnership for implementing 5G network solutions for India.
In a BSE filing, Airtel said that the "board approved the issuance of equity shares of face value of Rs 5 each of the company on rights basis to eligible equity shareholders of the company as on the record date (to be notified later), of an issue size of up to Rs 21,000 crores".
The telecom companies had submitted before the apex court that arithmetical errors in the calculation be rectified and there are cases of duplication of entries.
As a one-time gesture, Airtel will give the Rs 49 pack free of cost to over 5.5 crore low-income customers. The pack offers a talktime of Rs 38 and 100 MB data with a validity of 28 days.
Airtel did this over its existing liberalised spectrum in the 1,800 MHz band through the NSA (non-standalone) network technology. Using dynamic spectrum sharing, Airtel seamlessly operated 5G and 4G concurrently within the same spectrum block.
Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its downstream companies.
Avaada MHBuldhana Private Limited is a newly-formed company and developing a captive generating solar power plant in Maharashtra which will become operational by March 2021.
Shares of Bharti Airtel jumped nearly 13 per cent on Wednesday after the company reported its highest-ever quarterly consolidated revenue on the back of a rise in data usage and higher realisations.
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