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Latest Articles in bharti airtel

Bharti Airtel Accepts 4-Year Moratorium On Spectrum, AGR Payments

The option of dues moratorium was offered by the government to telcos as part of a recently-announced relief package for the telecom sector.

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OneWeb To Be First Private Player To Launch Satellite From Indian Soil: Mittal

While speaking at the launch of space and satellite companies body Indian Space Association, Mittal said that the company plans to begin roll out of providing connectivity in the country through OneWeb satellite from mid-2022.

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Sensex, Nifty Open Flat With Negative Bias

The Sensex and Nifty were trading in the red mainly due to profit booking after a sharp rally witnessed in the previous session. IT, Pharma and Banking stocks were the top drags, while the Energy stocks outperformed.

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Airtel''s Nxtra To Invest Rs 5,000 Cr To Triple Data Centre Capacity By 2025

The company operates 10 large data centres and over 120 edge data centres and claims to have been covering 70 cities in the country.

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Changes At Airtel: Ajai Puri To Retire; Sunil Taldar Elevated

Ajai Puri will retire from the telecom major by Dec 2021; Airtel has elevated Sunil Taldar to Director - Market Operations.

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Airtel Will Opt For Moratorium To Redirect Cash Flow To Build Network: Sunil Mittal

Telecom reforms will spur growth, and have paved the way for all players to come together and work as a team to unleash India''s telecom dream

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Bharti's Rights Issue Credit Positive For Itself, Credit Neutral For Singtel: Moody's

The fund raising also provides Bharti with more financial capacity to leverage its network in the Indian mobile space, as competition eases and tail winds from higher data usage and increases in average revenue per user (ARPU) benefit EBITDA and margins

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Bharti Airtel To Raise Rs 21,000-Cr Via Rights Issue; Board Approves Rs 535 A Piece

The terms of payment of issue price, envisage 25 per cent on application and balance in two more additional calls as may be decided by the board or its committee based on the company’s requirements within an overall time-horizon of 36 months

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Bharti Airtel Board Approves Up To Rs 21,000 Crore Rights Issue

Airtel said that the "board approved the issuance of equity shares of the 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".

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Any Fundraise By Bharti Airtel To Hike Capacity Amid Marketshare Shift A Positive: Jefferies

Telecom operator Bharti Airtel's board is slated to meet on August 29 to consider various capital raising options, including equity and debt. Airtel has, however, not divulged the quantum of capital raising under consideration, or the reason behind the move.

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VIL Loses 42.8 Lakh Mobile Users In June; Airtel, Jio Add Subscribers

Vodafone Idea lost about 42.8 lakh subscribers during June, as its user base shrunk to 27.3 crore, compounding the woes of the debt-laden telco which is struggling to stay afloat.

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Industry Needs Long Overdue Support To Maintain Current 3+1 Structure: Sunil Bharti Mittal

The telecom czar was alluding to the current telecom industry construct that has three private players and one state-owned operator.

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Bharti Airtel Q1 Net Profit At Rs 284 Cr; Revenue Rises 15.3%

The total revenue surged 15.3 per cent year-on-year to Rs 26,854 crore during the quarter ended June 2021. On a quarter-on-quarter basis, it was up 4.2 per cent.

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Vodafone Idea Shares Fall Over 10 %; At 52-Week Low

VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.

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Airtel, Tata Comm, Rcom, Railtel Among 34 Firms Found Violating Internet Services Licence Rules: Govt

The government has found that Airnet India violated norms by transfer of licence operations. Kappa Internet Services, ISP Solutions (India), Pvt Ltd, SwissFone India Ventures, Spectrum Soft Tech Solutions, Rainbow Communications were providing services beyond the service area.

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