Bharti Airtel
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Mobile call, internet to become costlier by up to 50 percent from December 3
Business | Dec 02, 2019, 06:29 AM ISTAfter private-sector players like Bharti Airtel, Vodafone Idea and Reliance Jio announced their plans to raise tariffs, mobile calls and internet charges will go up to 50 percent in the country from December 3.
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Bharti Airtel to raise mobile call, data charges by up to 42% from December 3
Business | Dec 01, 2019, 05:49 PM ISTTelecom operator Bharti Airtel on Sunday said it will raise call and data plan charges for pre-paid customers from December 3, becoming the second operator after Vodafone Idea to announce an increase in its tariffs.
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Bharti Airtel planning to raise USD 3 billion
Business | Nov 29, 2019, 11:57 PM ISTTelecom operator Bharti Airtel would seek approval of its board on December 4 to raise an estimated USD 3 billion (around Rs 21,500 crore), banking sources closely following the development said on Friday.
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Bharti Airtel submits Rs 9,500-cr bids for RCom assets
Business | Nov 28, 2019, 11:39 PM ISTAlong with Bharti Airtel, VFSI Holdings Pte Ltd and UV Asset Reconstruction Company Limited have submitted their bids. "Bharti Airtel seems to be the highest bidder with bids of around Rs 9,500 crore. However, the final result will be known on Friday after the committee of creditors (CoC) opens all the bids," the source said.
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Vodafone Idea, Bharti Airtel tumble on reports CoS on telecom bailout package disbanded
Business | Nov 26, 2019, 06:55 PM ISTThe Committee of Secretaries was last month constituted to examine "all aspects" of "financial stress" faced by service providers such as Bharti Airtel and Vodafone-Idea Ltd and suggest measures to mitigate them.
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Airtel boosts Airtel X labs portfolio with Quikmile acquihire
Business | Nov 25, 2019, 04:07 PM ISTThe company did not disclose the size of the 'acquihire' deal, which typically entails acquisition of people or teams. "Quikmile’s team will now be a part of Airtel X Labs – Airtel’s digital innovation factory, which focuses on IoT, Digital Engineering, Artificial Intelligence, and Machine Learning," Airtel said in a statement.
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Airtel to hike mobile service rates in December
Business | Nov 18, 2019, 08:38 PM ISTAirtel on Monday said it will start increasing rates for mobile services in December. The telecom sector is highly capital intensive with fast changing technology cycles that require continuing investments and therefore, extremely important that the industry remains viable to support the vision of Digital India, Bharti Airtel said in a statement on Monday.
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Bharti Airtel shares drop nearly 5 pc as co defers Sept quarter result
Business | Oct 29, 2019, 01:27 PM IST"...the management of the company recommended to the board of directors that the agenda item related to the approval of audited financial results for the second quarter and half year ended September 30, 2019... be deferred till November 14, 2019, on account of the fact that more clarity is needed on the AGR matter arising out of recent judgement of... the Supreme Court," Airtel said in a regulatory filing.
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Vodafone-Idea stocks tumble 15 per cent to hit 52-week low
Business | Oct 25, 2019, 04:46 PM ISTThe fall comes on the back of a Supreme Court order on Thursday asking telcos, including Bharti Airtel and Vodafone-Idea, to pay the government as much as Rs 92,000 crore in dues, which includes penalties and interest
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Bharti Airtel to acquire 26% stake in AMPSolar for Rs 8.4 crore
Business | Oct 19, 2019, 04:33 PM ISTTelecom operator Bharti Airtel has signed a pact with AMPSolar Evolution to acquire 26 per cent stake in the solar power firm for Rs 8.4 crore.
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Airtel shuts down 3G service in Haryana, shifts customers to 4G
Business | Oct 11, 2019, 06:38 PM ISTThe closure of 3G network is part of the company's plan to gradually phase out the third generation services across the country.
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Airtel shares rally after co raises USD 750 mn
Business | Oct 10, 2019, 12:09 PM ISTThe company on Wednesday said it has raised USD 750 million (about Rs 5,330 crore) from investors based in Asia, Europe and the US through a hybrid financial instrument.
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Bharti Airtel plans to raise up to USD 1 bn
Business | Oct 01, 2019, 11:39 AM ISTBharti Airtel has appointed a clutch of bankers including BofA Merrill Lynch, Barclays, BNP Paribas, Citigroup, HSBC, J P Morgan and Standard Chartered Bank as joint bookrunners and joint lead managers to organise a series of fixed income investor meetings and calls across Asia, Europe and the US starting Wednesday,
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Tax cuts bring no key benefits for telecom sector: I-Sec
Business | Sep 23, 2019, 05:45 PM ISTAccording to the report, the tax cut means at the most that Bharti Airtel (Bharti) will see a small benefit on cashflow basis in the near term.
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Airtel-Bharti AXA Life tie up for insurance with prepaid plan
Business | Sep 23, 2019, 01:41 PM ISTAirtel has introduced its innovative Rs 599 prepaid bundle with 2GB data/day, unlimited calls to any network and 100 SMS/day, and also offers Rs 4 lakh life insurance cover from Bharti AXA Life Insurance. The recharge comes with a validity of 84 days and the insurance cover continues automatically for three months with every recharge.
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Telco wars: Bharti Airtel launches 1Gbps broadband offering at Rs 3,999/month
Business | Sep 11, 2019, 04:19 PM IST"Starting today (on Wednesday), Airtel Xstream Fibre is available to Homes, SOHO (Small Office Home Office) and small commercial establishments in Delhi, Gurgaon, Faridabad, Noida, Ghaziabad, Mumbai, Pune, Bangalore, Hyderabad, Chennai, Chandigarh, Kolkata, Indore, Jaipur and Ahmedabad," Bharti Airtel said in a statement.
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Airtel Africa crosses 100 million subscribers base
Business | Aug 28, 2019, 05:06 PM IST"Airtel Africa has crossed the 100-million subscriber mark. The positive momentum we have seen in customer acquisition further underpins our medium-term aspirations for revenue and profit growth," Raghunath Mandava, chief executive officer of Airtel Africa, said in a statement.
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Bharti Airtel, Bharti Enterprises infuse Rs 325 crore in payments bank
India | Jul 02, 2019, 07:10 PM ISTIn response to an email query sent by PTI on the issue, Airtel Payments Bank Managing Director and CEO, Anubrata Biswas said that the company will continue to invest in ramping up operations to tap the "enormous opportunity presenting itself".
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Airtel, Hughes to combine VSAT satellite operations in India
Business | May 07, 2019, 11:46 AM IST"Customers can look forward to highly secure and reliable connectivity solutions across the length and breadth of India," Director and CEO of Airtel said.
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Infusion of Rs 25K cr not enough to stabilise Bharti Airtel rating: S&P Global Ratings
Business | Mar 07, 2019, 07:28 AM ISTThe net debt of Bharti Airtel at the end of the third quarter of 2018-19 stood at Rs 1.06 lakh crore.