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Bharti Airtel

Telecom ministry to work on actionable plan on identified issues: Scindia

The telecom ministry will work on actionable plan with defined timelines on issues that have been discussed with telecom operators and other players in the sector, Union minister Jyotiraditya Scindia said on Tuesday. The minister held meetings with three of the six committees set by his ministry. The meeting with the committee on telecom operators was attended by telecom chiefs including Reliance Jio Chairman Akash Ambani, Bharti Airtel Founder and Chairman Sunil Bharti Mittal, and Vodafone Idea MD and CEO Akshaya Moondra. "We've identified a rather deep agenda for these committees. Now the members of these committees and us will be working together," Scindia said. Industry body Cellular Operators Association of India (COAI) Director General S P Kochhar was also part of the meeting. Scindia said there are varied schedule for the first presentation of these committees that will be over the next couple of weeks. "Then we will be taking on each individual issue, delving into the det

Telecom ministry to work on actionable plan on identified issues: Scindia
Updated On : 16 Jul 2024 | 5:25 PM IST

Supreme Court agrees to listen to Vodafone Idea's plea on AGR computation

The Supreme Court on Monday took note of a telecom firm's submission that its plea seeking correction of alleged errors in Adjusted Gross Revenue (AGR) related dues be listed for consideration. A bench comprising Chief Justice of India D Y Chandrachud, Justice J B Pardiwala and Justice Manoj Misra was urged by senior advocate Harish Salve, appearing for Vodafone Idea, that the petition needed consideration. The curative petition against the dismissal of earlier pleas seeking correction of alleged errors in AGR-related dues is yet to be listed before a bench, the telecom firm said. "I will see," the CJI said and asked whether an email has been sent in this regard. On October 9 last year, the top court had taken note of submissions of some telecommunication companies seeking listing of their pleas on AGR due issue. The telcos had referred to alleged errors in the arithmetic calculation for arriving at the AGR-related dues by the Department of Telecommunications (DoT). In July 2021,

Supreme Court agrees to listen to Vodafone Idea's plea on AGR computation
Updated On : 15 Jul 2024 | 11:22 PM IST

Telcos call for tax reforms in telecom sector in Union Budget 2024-25

COAI has restated calls to stop USOF payments, reduce customs duty on equipment

Telcos call for tax reforms in telecom sector in Union Budget 2024-25
Updated On : 11 Jul 2024 | 11:41 AM IST

Statsguru: Jio, Airtel, and Vi hike mobile tariffs to boost 5G investments

Subscriber churn is expected, though companies have varied the hikes to minimise the impact at the lower end. Reliance Jio is expected to widen its lead over others in terms of total subscribers

Statsguru: Jio, Airtel, and Vi hike mobile tariffs to boost 5G investments
Updated On : 08 Jul 2024 | 12:04 AM IST

Has Airtel's customer database been breached by hackers? Company says this

A hacker had posted on X that data of nearly 375 million Airtel customers, including phone numbers, email addresses, and Aadhaar numbers, were supposedly for sale on the dark web

Has Airtel's customer database been breached by hackers? Company says this
Updated On : 05 Jul 2024 | 3:21 PM IST

Airtel ordered to pay Rs 5 lakh fine for harassing customer in 2013 case

Airtel began harassing a customer for non-payment of dues despite the funds being credited to telecom giant's accounts

Airtel ordered to pay Rs 5 lakh fine for harassing customer in 2013 case
Updated On : 05 Jul 2024 | 2:10 PM IST

Airtel, Jio, Vodafone Idea push for long-term recharges amid price hike

Leading telecom operators are targeting users with 365-day plans priced between Rs 2,545 and Rs 3,099 through aggressive in-app promotions

Airtel, Jio, Vodafone Idea push for long-term recharges amid price hike
Updated On : 02 Jul 2024 | 1:38 PM IST

Nomura raises Bharti Airtel target price post tariff hike, sees 14% upside

In the post-paid segment, tariff adjustments range from 10-20 per cent, with popular plans seeing increases of 10-13 per cent

Nomura raises Bharti Airtel target price post tariff hike, sees 14% upside
Updated On : 01 Jul 2024 | 9:48 AM IST

Stocks to Watch, July 1: Airtel, Voda Idea, Bank of Baroda, Godrej Prop

Stocks to Watch on July 1: After Reliance Jio, telecom majors Bharti Airtel, and Vodafone Idea have announced new tariff plans

Stocks to Watch, July 1: Airtel, Voda Idea, Bank of Baroda, Godrej Prop
Updated On : 01 Jul 2024 | 8:11 AM IST

Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike

In the last two rounds of tariff hikes, Vodafone Idea (Vi) in December 2019 and Bharti (Dec 2021) took the lead, while R-Jio was the last one to raise tariffs

Morgan Stanley, Citi, Jefferies: Brokerages decode RJio, Airtel tariff hike
Updated On : 28 Jun 2024 | 10:39 PM IST

Bharti Airtel announces 10-21% hike in mobile tariffs from July 3

Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. Airtel, in a release, said that the revision in mobile tariffs will be effective from July 3. "We have ensured that there is a very modest price increase (less than 70 paise per day) on entry-level plans, in order to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile tariffs. Bharti Airtel said it has maintained that the mobile Average Revenue Per User (ARPU) needs to be upwards of Rs 300, to enable a financially healthy business model for telcos in India. "We believe that this level of ARPU will enable the substantial investments required in network technology and spectrum and offer a modest return on capital," the telco said. Among the unlimited voice plans, Airtel has raised tariffs in the ballpark range of about 11 per cent, and accordingly rates are rev

Bharti Airtel announces 10-21% hike in mobile tariffs from July 3
Updated On : 28 Jun 2024 | 12:14 PM IST

Reliance, Airtel, Voda Idea, BHEL among 5 stocks to watch today

Stocks to watch on Friday, June 28, 2024: Shares of telecom companies expected to hog limelight; Stanley Lifestyles to debut on the bourses today.

Reliance, Airtel, Voda Idea, BHEL among 5 stocks to watch today
Updated On : 28 Jun 2024 | 8:35 AM IST

Bharti Airtel acquires 97 MHz of spectrum worth Rs 6,857 crore for 20 years

The spectrum auction saw the government receive Rs 11,300 crore in bids over seven rounds, with Airtel emerging as the largest overall bidder

Bharti Airtel acquires 97 MHz of spectrum worth Rs 6,857 crore for 20 years
Updated On : 26 Jun 2024 | 5:43 PM IST

Spectrum auction ends in just 2 days with bids worth Rs 11,340 crore

An auction of radiowaves that carry voice and data signals for mobile phones ended within two days on Wednesday, garnering less than 12 per cent of the Rs 96,238 crore minimum value that the government had estimated for the spectrum on offer. The auction, where a total of 10 GHz of spectrum ranging between 800 MHz to 26 GHz was offered, got total bids worth Rs 11,340 crore, sources with knowledge of the matter said. Five rounds of bidding happened on the opening day on June 25, but Wednesday did not see much action, leading to officials declaring the end of the auction at around 1130 hrs. The total bids received is more or less the same, as what came in on Tuesday, sources said, adding only 140-150 MHz are estimated to have been sold. On offer were radiowaves in the bands of -- 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz and 26 GHz. During the last auction in 2022, which turned out to be a seven-day affair, a record over Rs 1.5 lakh crore worth of 5G ..

Spectrum auction ends in just 2 days with bids worth Rs 11,340 crore
Updated On : 26 Jun 2024 | 1:22 PM IST

Rs 96,000 crore telecom 5G spectrum auction to start today: Check details

Reliance Jio, Bharti Airtel, and Vodafone Idea are likely to jointly invest Rs 12,500 crore in spectrum purchases, representing around 13% of the total Rs 96,320 crore worth of airwaves on offer

Rs 96,000 crore telecom 5G spectrum auction to start today: Check details
Updated On : 25 Jun 2024 | 9:35 AM IST

Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr

Unlike the previous election years, bankers said there was more certainty regarding the outcome

Best first half for IPOs in 17 years, 37 firms mop up nearly Rs 32k cr
Updated On : 25 Jun 2024 | 12:44 AM IST

Bharti Airtel in talks to buy 3% more stake in Indus Towers from Vodafone

If this sale is successful, Bharti Airtel will become the majority stakeholder in Indus Towers with a 52% shareholding

Bharti Airtel in talks to buy 3% more stake in Indus Towers from Vodafone
Updated On : 24 Jun 2024 | 3:24 PM IST

Vodafone Idea stock falls 2.5% on weak April telecom data, profit booking

On June 19, Vodafone sold 18 per cent stake in Indus Towers for Rs 15,300 crore to repay debts. Post stake sale, Vi's holding in Indus Towers stood at 3.1 per cent

Vodafone Idea stock falls 2.5% on weak April telecom data, profit booking
Updated On : 20 Jun 2024 | 12:04 PM IST

Price hike, capex moderation key for further gains in Bharti Airtel stock

Valuation is where analysts remain divided, given different assumptions on tariff hike quantum and on capex moderation

Price hike, capex moderation key for further gains in Bharti Airtel stock
Updated On : 11 Jun 2024 | 1:31 AM IST

How to trade Modi stocks ahead of LS election results? Complete guide here

The so-called 'Modi-stocks' have rallied up to 50 per cent in the last six months, suggests a CLSA report. What's in store ahead; here's what the charts suggest.

How to trade Modi stocks ahead of LS election results? Complete guide here
Updated On : 31 May 2024 | 10:17 AM IST