Page 13 - Airtel

5G rollout will be limited in near term, says Airtel CEO Gopal Vittal

Expresses disappointment on 5G Spectrum reserve price, hints at another tariff hike for ARPU growth

Airtel, Jio drive telecom subscriber base to 116.6 crore in March

Net subscriber addition by Bharti Airtel and Reliance Jio increased the overall telecom user base to over 116.69 crore in March 2022, telecom regulator Trai said in its monthly report on Thursday. Bharti Airtel and Reliance Jio led new customer additions in both mobile telephony as well as fixed line services segment in March. "The number of telephone subscribers in India increased from 1,166.05 million at the end of February 2022 to 1,166.93 million at the end of March 2022," Trai's subscriber report for March said. The Telecom Regulatory Authority of India (Trai) report said that the urban telephone subscription decreased to 64.71 crore from 64.77 crore and the rural subscription increased to 51.98 crore from 51.82 crore between March and February. According to the report, the total number of wireless subscribers increased to 114.2 crore in March from 114.15 crore in February. Bharti Airtel and Reliance Jio were the only gainers of new mobile subscribers in March. Airtel's net .

Jio and Vodafone Idea lose customers, Airtel gains in Feb, shows TRAI data

Jio customer base erodes for third month on the trot though the firm makes gains in number of active users

Summit Digitel to offer tower sharing infrastructure services to Airtel

While providing pan-India coverage for 4G, the towers are strategically located for the implementation of 5G, the release added

Airtel, TechM team up for digital solutions across 5G, pvt networks, cloud

Airtel and Tech Mahindra will also offer cloud and Content Delivery Network (CDN) solutions to businesses

Jio, Vodafone lose subscribers, Airtel gains in Jan, shows Trai data

Mobile companies took a 20% tariff hike in prepaid plans towards November-end, which has resulted in consolidation of SIM cards

Airtel prepays Rs 8,815 cr of spectrum dues to reduce interest expenses

This is the second such prepayment by Airtel in the last three months and comes on the back of strong cash flow generation, equity infusion and borrowing at significantly lower interest rates

Airtel prepays Rs 8,815 cr towards deferred liabilities for 2015 spectrum

Telecom operator Bharti Airtel on Friday said it has paid Rs 8,815 crore to the government towards part prepayment of deferred liabilities pertaining to spectrum acquired in the 2015 auction. The prepayment is for instalments due in FY2027 and FY2028, the Sunil Mittal-led telco said in a statement. "Airtel prepays Rs 8,815 crore to clear deferred liabilities for spectrum acquired in 2015," the company said. Over the last four months, Airtel has cleared Rs 24,334 crore of its deferred spectrum liabilities ahead of schedule. These liabilities carried an interest rate of 10 per cent and have been paid off through a combination of free cash generated by the business, equity proceeds, and significantly lower cost debt of a similar tenor. Airtel said it continues to focus on financial flexibility via its capital structure, including optimising the cost of financing and capitalising on all opportunities of significant interest saves, like the latest prepayment.

Airtel demos 5G scope; recreates Kapil Dev's 1983 World Cup innings

Airtel demos 5G scope; recreates Kapil Dev's 1983 World Cup innings

Fintech Ezetap looks to hike revenue 5-fold to Rs 750 crore by 2024

The company provides software for financial technologies, including point of sales solutions, billing, loyalty solutions etc and sells solutions directly to enterprises like Amazon, Flipkart, Airtel

Airtel acquires strategic stake in blockchain technology startup Aqilliz

Telecom major Bharti Airtel on Thursday announced that it has acquired a strategic stake in Aqilliz, a 'Blockchain as a Service Company'.

Airtel CEO bats for giving out E-band backhaul spectrum with 5G frequencies

Bharti Airtel CEO Gopal Vittal on Wednesday made a strong pitch for giving out E-band backhaul spectrum with 5G radiowaves

Metaverse to push data usage by 20X in 10 yrs; Jio, Airtel to gain: Report

The transition of digital ecosystem to metaverse, will push data usage by 20 times across globe by 2032 and telecom operators Bharti Airtel and Reliance Jio are suitably placed to benefit from surg

Airtel says network outage was for 5 mins; fully restored in 10 mins

Several Airtel users on Twitter complained that both their mobile data and broadband connection stopped working

Airtel internet services suffer outage, firm says 'technical glitch'

While 50 per cent users reported facing total blackout, 34 per cent had problems with mobile Internet and 16 per cent had no signal, according to Downdetector.

Airtel Q3 results: Net profit falls 3% to Rs 830 cr, revenue rises 13%

'The recent tariff revision for mobile services has gone down well and we are exiting the quarter with an industry leading ARPU of Rs 163,' says CEO Gopal Vittal

Google to invest $1 bn in Bharti Airtel, to buy 1.28% stake for $700 mn

Google will set aside $300 million for potential investment in areas like smart phone access, networks, and cloud

Airtel commissions 21-MW solar power unit in Maharashtra

The company expects the solar-powered unit to reduce 25,517 tonnes in carbon emissions annually

Airtel board to decide on fund raising via preferential route on Friday

The plan comes ahead of proposed 5G spectrum auction and is the second such exercise in three months. Last October the firm raised about Rs 21,000 cr via a rights issue

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