Government departments have used it to build village land records, track rural roads, and manage water resources
Bharti Airtel on Friday said it has approved the allotment of equity worth USD 8.6 million, about Rs 71 crore, to those holding its foreign debt bonds issued in January 2020. The company had issued USD 1-billion 1.5 per cent foreign currency convertible bonds (FCCBs) that are due for 2025. "We wish to submit that upon receipt of notice for conversion of FCCBs of principle value of USD 8,600,000 from certain holders of FCCBs, the Special Committee of Directors for Fund Raising has...on December 09, 2022, approved the allotment of 1,188,917 fully paid-up equity shares of face value Rs 5 each at a conversion price of Rs 521 per equity share to such holders of FCCBs," Bharti Airtel said in a regulatory filing. With this allotment, the company said that the outstanding principal value of FCCBs, as listed at Singapore Exchange Limited, stands reduced to USD 991.20 million.
Airtel on Tuesday launched a 'World Pass' traveller data roaming pack that works seamlessly across 181 countries
The Airtel World Pass international roaming plans offer significantly higher value in terms of data and voice benefits, Airtel said in a statement
World's longest subsea cable system aims to provide faster internet to almost 3 billion people
Telecom operator Bharti Airtel has won a cellular IoT solution mandate with TP Western Odisha Distribution Limited to deploy IoT solutions for 2 lakh Smart Meters, the company said on Tuesday. The company said that 70,000 electric smart meters will be delivered in the first phase. Smart metering is one of the most rapidly advancing use case for cellular IoT in India with several power distribution companies looking forward to invest in this space to prevent revenue leakage. Smart metering is also one of the fastest growing service lines within IoT business portfolio for Airtel. Airtel said that it is working with multiple state utilities in Punjab, Meghalaya, Jharkhand, West Bengal and Bihar. The centre has a big ambitious vision of replacing 30 crore conventional meters with Smart Meters in the next 5 years as part of the Advanced Metering Infrastructure (AMI) initiative, the statement said. * * * * * DCX signs pact with Shree Shubham Logistics Mumbai: Global agri fintech play
India's total mobile subscriber base fell by 3.6 million in September, with Vodafone Idea suffering subscriber count decline even as larger rivals Reliance Jio and Bharti Airtel added users month-on-month, according to telecom regulator's data. India's largest mobile operator Jio further cemented its position in the market, adding 7.2 lakh wireless subscriber during September, while Bharti Airtel increased its mobile users' tally by 4.12 lakh. Notably, while Jio led peers in September subscriber additions, its net adds this time were lower than 32.81 lakh subscribers the telco had gained in August. Ailing Vodafone Idea faced subscriber count decline (by 40 lakh), its base shrank to 24.91 crore during September. "Total wireless subscribers decreased from 1,149.11 million at the end of August-22, to 1,145.45 million at the end of September-22, thereby registering a monthly decline rate of 0.32 per cent," Telecom Regulatory Authority of India (TRAI) said releasing subscription data fo
Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts. The company has stopped its minimum recharge plan of Rs 99, under which it offered 200 megabyte of data and calls at the rate of Rs 2.5 paise per second. In Haryana and Odisha, Airtel has now started offering the Rs 155-plan with unlimited calling, 1 GB data and 300 SMSes. According to sources closely engaged with the development, the company has started trial of the new plan and is likely to roll out the same across India based on the result. It 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 mobilephone account with a Rs 155 voucher. An email query sent to Bharti Airtel in this regard elicited no reply. ICICI Securities said that Bharti Airtel has
Telecom operator Bharti Airtel on Monday said that it has rolled out the latest 5G services in Guwahati, the gateway to the Northeast. The 'Airtel 5G Plus' services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout, Bharti Airtel said in a statement. "Customers with 5G enabled devices will enjoy high-speed Airtel 5G Plus network at no extra cost until the rollout is more widespread," it said, adding that the latest technology is available at select locations in the city. The company said the 'Airtel 5G Plus' will bolster the entire portfolio of services that it offers. "In addition, it will allow superfast access to high definition video streaming, gaming, multiple chatting, instant uploading of photos and more," it added. With this launch, India will get a fillip to economic growth as the 5G services will help various sectors like education, healthcare, manufacturing, agriculture, mobility and logistics, t
Member companies selected 26 board members for 2023-24 which include senior executives from mobile operators
Gross revenue in the second quarter of FY23 increased by 12.8 per cent YoY to Rs 10,614 crore
Jio's 5G network using the C-band results in performance ranging between 606.53 Mbps and 875.26 Mbps median download speed
Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter (Q2FY23) numbers
Smartphone maker Vivo on Tuesday said it will release software updates this month to make most of its 5G-enable handsets work with both standalone and non-standalone 5G networks. Standalone 5G network transmits only 5G signal, while the signal with a mix of 4G and 5G networks is called non-standalone 5G network. At present, Reliance Jio provides standalone 5G network while Bharti Airtel offers non-standalone 5G network. Vivo has launched 30 smartphones for 5G services, which are compatible with non-standalone 5G network. "More than six of our smartphones are supporting the 5G SA (standalone) network. Most of our smartphones are compatible with NSA (non-standalone network). We will release software updates this month which will make most of our smartphones compatible with 5G SA as well," Vivo India Business Strategy Head Paigham Danish told reporters on the sidelines of Vivo Tech Day. Vivo is the third largest smartphone seller in India, as per IDC. According to market research fi
According to Opensignal's 'Mobile Network Experience Report', Vi was the best 4G network for uploading in India
Airtel is rolling out its 5G network in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur, and Varanasi in a phased manner. It plans to roll out 5G across India by 2024
Airtel launches 5G Plus service, with superfast high-def video streaming, gaming & multiple chatting
Both Airtel and Jio have been testing O-RAN technology for 5G services
Broader point is that tariff must rise and telco will be happy to take the lead, he adds
From Airtel to roll out 5G services nationwide by March 2024 to Tata Motors' achieving its highest ever domestic monthly sales of passenger vehicles, here are the top headlines this evening