Page 11 - Bharti Airtel

Q3 results, Feb 6: Hero MotorCorp, ITC, MRF, Airtel to post earnings today

Q3 company results, February 6: Hero Motorcorp, NMDC, PVR INOX, State Bank of India, JK Lakshmi Cement, and Apollo Tyres will release their reports for the Oct-Dec 2024 quarter

Bharti Airtel Q3 results: Net profit skyrockets 505% to Rs 14,781 crore

Bharti Airtel Q3 FY25 results: Arpu grew to Rs 245 in Q3 FY25 from Rs 208 in Q3 FY24

Airtel Africa Q3 results: Net profit at $133 million, revenue up 2%

Bharti Airtel's Africa business unit Airtel Africa has reported USD 133 million (about Rs 1,152 crore) profit for the third quarter ended December 2024, mainly on account of forex gain, the company said on Thursday. Airtel Africa had posted a loss of USD 6 million attributable to owners of the company in the same period a year ago. Its revenue increased by 2 per cent to USD 1,268 million during the reported quarter from USD 1,238 million in the December 2023 quarter despite a decline in average revenue per user (ARPU) -- a key factor to measure the growth of telecom operators. "Exceptional items were predominantly driven by the devaluation of the Nigerian naira over the respective periods. In the third quarter of the financial year 2025, we recorded an exceptional gain of USD 144 million (USD 94 million net of tax) relating to the appreciation of the naira and the Tanzanian shilling during the quarter," Airtel Africa said in a note. The finance cost of Airtel Africa before exceptio

Airtel regaining entry-level subscribers as tariff hike shock subsides

Analysts say continuing user loss for Vodafone Idea a key concern

Bharti Airtel and Reliance Jio comply with Trai's voice-only mandate

The move came after telecom regulator called for data-less plans to allow low-paying consumers more choices

Bajaj Finance, Airtel collab to launch digital financial services platform

NBFC gains access to Airtel's customer database and transaction history

Bajaj Finance, Bharti Airtel join hands to create fintech platform

NBFC firm Bajaj Finance and Bharti Airtel on Monday announced a strategic partnership to create a digital platform for financial services. The one-of-a-kind partnership brings together Airtel's customer base of 370 million, about 12 lakh strong distribution network, and Bajaj Finance's diversified suite of 27 product lines, and distribution heft of 5,000 more branches and 70,000 field agents, a joint statement said. Airtel will initially offer Bajaj Finance's retail financial products on its Airtel Thanks App for seamless and secure customer experience, and later through its nation-wide network of stores, it said. The combined strength of the companies' digital assets will enable Airtel and Bajaj Finance to significantly deepen penetration of financial products and services, it said. Gopal Vittal, vice chairman and MD, Bharti Airtel, said, "today, we are trusted by over 1 million customers and our vision is to make Airtel Finance a one-stop shop for all the financial needs of our .

Airtel may see highest revenue growth, user addition in Q3: Analysts

Residual benefits from last July's tariff hike, Indus consolidation to help telco

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi, Swiggy, Zomato, SAIL

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi will be in focus post their Q3 results, also, Swiggy, Zomato, Vi and others will be on the radar

ARPU gains, dividend trigger for Bharti Airtel as telecom enters new phase

Airtel, with industry-leading ARPU and subscriber growth, may also see a 60 basis points (bps) growth in operating profit margin

Airtel, Vi sell entire stake in Wi-Fi JV Firefly to iBus for Rs 9 crore

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for Rs 9 crore, the telcos said in separate regulatory filings on Monday. FireFly Networks Limited is a 50-50 joint venture between Vodafone Idea and Bharti Airtel Limited. "Bharti Airtel Limited has entered into a Share Purchase Agreement with iBus Network and Infrastructure Private Limited for transfer of Company's entire stake (50 per cent) in Firefly Networks Limited," Airtel said in a filing. The deal is expected to close within 30 business days from the date of execution of the agreement between the firms. "The Company will receive Rs 45 million for the sale of its entire stake (50 per cent) held in Firefly," Vodafone Idea said in a separate filing. Firefly manages and monetises Wi-Fi hotspots by providing the best Wi-Fi infrastructure to partners like educational institutes, hospitals, malls, cafes, public hangout

Stocks to Watch, Jan 3, 2025: TaMo, M&M, Airtel, Avenue Supermarts, IOC

Stocks to Watch, Jan 3, 2025: From Avenue Supermarts to Tata Motors, here are few stocks that will be on investors' radar today

Airtel outage: Users report disruptions in mobile, broadband services

Airtel service outage: The outage caused major problems for mobile internet users, who made up 39 per cent of the complaints. It also affected businesses that rely on Airtel's broadband services

Tariff impact: Reliance Jio loses 3.76 million users in October 2024

Airtel adds 1.9 million users after 3 months, BSNL grows base

Jio loses 3.76 mn wireless subscribers in Oct but tops up on 'active' users

India's largest telecom operator Reliance Jio lost 37.6 lakh wireless subscribers in October but spruced up its active mobile subscriber base by adding 38.47 lakh users, as per monthly data released by telecom regulator Trai on Monday. Overall, Bharti Airtel added 19.28 lakh users to its wireless coffers during the month and its active subscriber gains were about 27.23 lakh for October. Vodafone Idea lost 19.77 lakh wireless subscribers and its active subscriber base fell nearly 7.23 lakh users. Overall, so far as headline numbers are concerned, Reliance Jio's total wireless tally slipped to 46 crore in October down from about 46.37 crore in September, although its active user base (a key monitorable for telcos) strengthened. The total wireless user base of Vodafone Idea fell to 21.04 crore in October from 21.24 crore in the previous month. In all, the total number of active wireless subscribers in the month under review was 1,066.67 million (106.6 crore), as per Trai's sectoral .

Bharti Airtel clears all dues for 2016 spectrum, prepays Rs 3,626 crore

Airtel has cleared dues from 2012 and 2015 auctions earlier this year

Bharti Airtel clears 2016 spectrum liabilities by paying Rs 3,626 crore

Indian telecom operators owe the government significant spectrum fees, following years of high-stakes auctions and competitive bidding for airwave rights

Airtel become first private telco to connect Kupwara, Baramulla, Bandipore

Bharti Airtel has become the first private telecom operator to launch mobile services in Kupwara, Baramulla and Bandipore districts of Jammu and Kashmir, the company said on Wednesday. The company said that it has deployed 15 mobile towers in Kupwara, Baramulla and Bandipore districts, which will benefit the local population and also offer essential communication connections for soldiers stationed along the Line of Control. "Bharti Airtel has partnered with the Indian Army to bring connectivity to villages in Kupwara, Baramulla and Bandipore districts along the Line of Control in North Kashmir," the company said in a statement. Under the Vibrant Village Programme, villages such as Kachhal, Balbir, Razdan Pass, Taya Top, Ustad, Kathi, and Cheema are now connected to the rest of the country. These villages are located in the Keran, Machhal, Tangdhar, Gurez, and Uri valley regions, spanning the three districts of Kupwara, Baramulla, and Bandipore. "Airtel is the only private telecom

Bharti Airtel slips after DoT imposes Rs 79,000 penalty; check details here

Bharti Airtel received a notice from DoT for alleged violation of subscriber verification norms and was penalised Rs 79,000 for violation

Rajesh Bhosale of Angel One picks 2 stocks to buy for upside on Dec 16

Stocks to Buy for upside: We can see a Cup and Handle breakout in Bharti Airtel share price, further strengthening the bullish outlook