Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55
Reliance Jio partners with SpaceX to bring Starlink internet to India, a day after rival Bharti Airtel signed a similar deal
The total telephone subscriber base in India grew marginally to 1,189.92 million in December 2024 with Jio adding the highest number of subscribers in both mobile and fixed-line segments, a Trai report released on Tuesday said. Total telephone subscribers stood at 1,187.15 million in November, according to the Telecom Regulatory Authority of India (Trai). Reliance Jio Infocomm was the frontrunner with 476.58 million subscribers, followed by Bharti Airtel (289.31 million), and Vodafone Idea (126.38 million). While urban telephone subscriptions rose from 659.87 million in November to 663.37 million in December, rural subscriptions fell from 527.27 million to 526.56 million during the same period. Wireless subscribers grew from 1,148.65 million in November 2024 to 1,150.66 million in December 2024, at a monthly growth rate of 0.17 per cent. Wireless teledensity increased to 81.67 per cent at the end of December, against 81.59 per cent at the end of November. Reliance Jio added 3,906
PM Modi arrived in Mauritius today for a two-day state visit. He will be the Chief Guest at Mauritius’ National Day celebrations on March 12.
This marks the first partnership of its kind in the country, pending regulatory approvals for SpaceX to operate Starlink in India.
The quarterly addition of 5G sites in India has dropped sharply, with Jio and Airtel slowing deployments due to reduced capex, impacting telecom infrastructure firms
Under the telecom law enacted in December 2023, satellite spectrum can be assigned administratively for a fee, whereas terrestrial spectrum is allocated through auctions
Stocks to watch today: SBI has reached a housing loan book of Rs 8 trillion and aims to grow its mortgage book to Rs 10 trillion by March 2027, according to its Chairman, C S Setty
Analysts collectively believe that consolidation is the only way forward for the DTH industry
This consolidation is set to benefit Airtel by expanding its broadband and entertainment business, integrating telecom, broadband, and DTH services into a unified offering
Airtel is expected to soon move to 5G SA for fixed wireless access service
As per the filing, the collaboration will enable Airtel to seamlessly transition to a commercially live, full-scale 5G standalone network over time, bringing the high-end capabilities of 5G
Bharti Airtel will reportedly hold a majority stake of 52-55% while Tata Play's shareholders, including Tata Sons and Walt Disney, will keep 45-48%
Stocks to watch today: Mahindra and Mahindra has increased its market share to 43.8 pr cent in the domestic tractor market despite a challenging year
With this partnership, customers can enjoy ad-free access to all Apple TV+ original series and movies
Bharti Airtel board has approved raising the stakeholding in Airtel Africa by up to 5 per cent, the telecom firm said in a statutory filing on Friday. Airtel Africa Mauritius Limited, which is a step-down subsidiary of Bharti Airtel, presently holds 57.29 per cent of Airtel Africa plc. The said acquisition is being done to increase stake in Airtel Africa plc, it said. "...the Special Committee of Directors, a duly authorised Committee by the Board of Directors of the company, has approved an increase in shareholding of the company in Airtel Africa plc (a subsidiary company listed in UK), by acquisition of up to 5 per cent stake in one or more tranches during FY 2024-25, through Airtel Africa Mauritius Limited (AAML), a step-down subsidiary company," the filing said. The acquisition shall be undertaken for cash consideration and at pricing, in accordance with the applicable laws, it further said.
A large portion of the dip is attributed to the over 10 per cent correction in ITC (Rs 11,863 crore), Larsen & Toubro (Rs 6,713 crore) and State Bank of India (Rs 5,647 crore) shares, thus far in CY25
Stocks to Watch, Feb 19, 2025: From Airtel to L&T, here is a list of few stocks that will remain in focus today
Promoter group entity sells 0.84% share in telco for Rs 8,485 crore
NSE, Bharti Airtel storm into top 10 for the first time in Axis Bank's Burgundy Private and Hurun India list; Motilal Oswal Financial Services was the fastest-growing company, the report suggests.