Page 22 - Airtel

DCC may take call on Rs 3,050-cr fine on Airtel, Voda-Idea after July 24

The regulator responded on June 21, saying that there was no question of any change in the fine

Bharti Airtel could raise another $3.5 billion from stake sale: Moody's

Coupled with the recent rights issue and the initial public offering of its Africa business, Moody's felt this would help bring its debt-to-Ebitda, or leverage, ratio below 3.5 times by March 2020

Jio wireless market share surpasses Airtel, Voda still leads race

Airtel inches forward on broadband base

Ahead of 5G rollout, key fibre players invest big to expand capacity

Apart from China, the largest consumer of fibre, demand across the world is expected to rise as more countries move to 5G

Bharti Airtel completes merger of Tata Tele's consumer mobile businesses

Experts believe the move will lead to better network utilization, as spectrum will now be with Bharti Airtel along with enhanced customer base

Bharti Airtel shuts 3G service in Kolkata, asks customers to get 4G

In Kolkata, Airtel will use 900 Mhz frequency band for 4G service which was earlier being used for 3G

Airtel Africa's London IPO set at 80-100 pence per share; to mop up $750 mn

The final pricing is expected to be announced on or around June 28, 2019, on the London Stock Exchange, according to a filing

Hope govt will lower proposed 5G auction base price, says Airtel

Gopal Vittal, CEO of Bharti Airtel said the mobile growth of 4 per cent was largely driven by ARPU growth

Despite big 5G plans, debt-laden Airtel wobbling in war with Ambani's Jio

Airtel added 53,500 subscribers, Jio 17 million in first two months of 2019

Airtel fixes April 24 as 'record date' for Rs 25,000 cr rights issue

Airtel has announced rights issue to raise Rs 25,000 cr through issuance of fully paid up shares at a price of Rs 220 per share, and an additional Rs 7,000 cr via foreign currency perpetual bond issue

Airtel springs a surprise addition in Jan; Voda Idea continues to lose base

Rapid data adoption witnessed a jump, with mobile internet user base pushing the overall broadband market growth by 4 per cent

Airtel looking at Dish TV for merger to take on Reliance Jio

The Indian DTH space has five players currently - four paid and one free. The move to merge Dish and Airtel's DTH operations would help the telco take on the competition it is facing from Reliance Jio

Airtel arm applies for licence to offer in-flight connectivity: Sources

Indo Teleports, a subsidiary of Bharti Airtel, has applied to the Telecom Department for the said licence

Airtel ropes in former Telenor executive Nakul Sehgal as corporate CFO

His last assignment was with the Telenor Group, where he worked for eight years in various senior level positions across geographies including India

Airtel to sell 32% stake in Bharti Infratel, may pocket over Rs 18K cr

At the current stock price, Airtel will receive around Rs 18,851 crore (INFRATEL: Rs 318.5 at 11:06 am IST) from the sale of 591,874,639 equity shares

Airtel eyes insourcing to manage IT infra as IBM contract up for renewal

The slowdown in the telecom segment is reflecting on IBM's India revenue

Bharti Airtel likely to see ARPU rise benefit only from March quarter

Around September, both VIL and Airtel started weeding very low Arpu subscribers, with a push to a minimum monthly Rs 35 recharge

Niger orders closure of Airtel offices over unpaid taxes of $107 million

Airtel had a Friday deadline to pay 15 million euros in fines

Airtel draws up strategy to take on rivals Reliance Jio, Vodafone Idea

Airtel is also concentrating on a niche market for its payments bank business, which has 30 million customers

Moody's places Airtel on review for a possible rating downgrade

'The review for downgrade is primarily driven by our expectation that Bharti's cash flow generation will remain weak and leverage elevated'