As per media reports, Bharti Airtel's Promoter entity, Indian Continent Investment, is likely to sell a 0.8 per cent equity stake in the company via a block deal
Bharti Airtel promoter ICIL to offload 50 million shares via block deal; proceeds likely to go towards acquiring 49% stake in Haier India with Warburg Pincus
Bharti Airtel shares fell even as analysts raised the target price after a positive June quarter results
Bharti Airtel MD Gopal Vittal says telco in talks with govt on converting Rs 40,000 crore AGR dues into equity, seeks parity with peers, and will abide by final decision
Bharti Airtel sees an opportunity in raising tariffs for data services as it feels that the rich are paying less and the poor are not required to pay anymore, a senior official of the company said. A customer needs to pay Rs 199 for a month-long connection which comes with unlimited local, STD, roaming calls and a 2GB data limit. By paying Rs 100 more, a subscriber on Airtel can get 1 GB data per day and it goes up to 3 GB data per day with plans starting from Rs 449 onwards. "The architecture of pricing in India is quite skewed. At the entry level itself or just above the entry level, you get so much data allowance, calling and messaging, that you really don't have any reason to upgrade. It's just an unfortunate situation where people who can afford to pay, the rich, are paying less and the poor, you know, we don't need to charge the poor anymore," Bharti Airtel Vice-Chairman and MD, Gopal Vittal said. He was replying to a question on tariffs during the company's earnings call for
Bharti Airtel reports ₹5,948 crore profit in Q1FY26; revenue grows 28.4% Y-o-Y to ₹49,463 crore as ARPU improves and Homes, Africa, and digital services expand
Airtel's revenue from operations stood at ₹49,462.6 crore in Q1 FY26, up 28.4 per cent Y-o-Y from ₹38,506.4 crore in the same quarter last year on account of strong performance in India and Africa
Q1 FY26 company results, August 5: Britannia, Alembic Pharmaceuticals, Aarti Surfactants, Berger Paints, Bharti Hexacom, and Exide are also to release their April-June quarter earnings reports today
The telecom major will now compete with US players like Microsoft, Amazon Web Services, and Google
Bharti Airtel Q1 results: Prominent brokerage firms like Nuvama, Prabhudas Lilladher, Kotak Institutional Equities and JM Financial expect the telco to deliver healthy June quarter earnings.
While India has signed a trade agreement with the UK, D-Street's focus remains firmly on the prospective trade deal between New Delhi and Washington.
The telecom major was valued at ₹11.45 trillion, while TCS' market capitalisation stood at ₹11.43 trillion