Private telcos Reliance Jio, Bharti Airtel and Vodafone Idea cumulatively lost over one crore wireless subscribers in September, even as state-owned BSNL surprised with net adds of almost 8.5 lakh mobile users, as per monthly data released by TRAI. Reliance Jio lost 79.69 lakh mobile subscribers in September compared to the previous month, Bharti Airtel (14.34 lakh users), and Vodafone Idea (15.53 lakh users). Bharat Sanchar Nigam Ltd (BSNL) added 8.49 lakh users to its wireless subscriber tally. The wireless subscriber base of Reliance Jio stood at 46.37 crore in September, while that of Bharti Airtel was 38.34 crore. The wireless user base of Vodafone Idea was 21.24 crore as of September 2024. BSNL's gains in September pushed its subscriber tally to 9.18 crore. It is pertinent to mention that the three private telcos had hiked mobile tariffs by 10-27 per cent in July. BSNL, however, refrained from following the footsteps of its larger rivals, and its Chairman and Managing Direc
Bharti Airtel and Indus Towers shares rose in the early trade, while Vodafone Idea slipped after SC allowed telcos could avail themselves of central value-added tax (cenvat) credit on infra
The 'multi year' deal is the second 5G order announced by telecom operators in the last two-months
The agreement is expected to enhance Airtel's 5G capacity while supporting its network transformation efforts and modernise its 4G network
Bharti Global, the international investment arm of Bharti Enterprises, has completed the acquisition of 24.5 per cent of the issued share capital of BT Group plc from Altice UK. In a statement, Sunil Bharti Mittal, Chair of Bharti Enterprises said Bharti has long recognised the enormous potential of the business, as the telecom stalwart expressed his delight at completion of the transaction. "We're delighted to have completed our investment into BT. Bharti has long recognised the enormous potential of the business. BT's renewed focus on optimisation, strengthening networks and driving consumer growth makes it well placed to consolidate its position as a leading global telecom company that delivers long-term value for investors," Mittal said. In August this year, Mittal's conglomerate had announced it will buy 24.5 per cent stake in BT Group for about USD 4 billion to become the single largest shareholder in Britain's biggest broadband and mobile company. Bharti Global, the ...
In line with its mission to build future-ready data centre infrastructure that is intelligent by design and sustainable, Nxtra has deployed AI in its data centres to drive operational excellence
Technical outlook on Bharti Airtel: The stock is seen testing support at 20-WMA and 100-DMA; break of the same can trigger another 11 per cent dip towards the 200-DMA, suggests chart.
REC looking to raise Rs 6,500 crore this week
This is also the country's biggest corporate bond issue in the current financial year, surpassing State Bank of India's issue in July, where it had raised Rs 10,000 crore
The borrowing is coming days after India's second-largest wireless carrier Bharti Airtel Ltd., in which Bharti Telecom is the largest shareholder
Incumbent CEO Vittal to take up some roles of Bharti Enterprise Chairman Sunil Mittal
The drop in Bharti Airtel share price came after the company posted September quarter of financial year 2025 (Q2FY25) results, which fell short of Bloomberg estimates
Sequentially, profit was 13.6 per cent lower than the Rs 4,159 crore in the preceding quarter
Gopal Vittal elevated to Bharti Airtel vice chairman, will remain MD
India's No.2 wireless carrier's consolidated net profit jumped 168 per cent to Rs 3,593 crore ($427.49 million) in the July-September quarter
Q2FY25 company results: Indian Oil, Ambuja Cements, Aditya Birla Sun Life AMC, Sun Pharma and more will report their second-quarter earnings on October 28
Bharti Airtel on Wednesday claimed that its new AI-powered detection system successfully identified 154 million potential spam calls and 8 million spam SMS messages in Bengal since its launch nearly a month ago. The telecom major said it offers the solution in West Bengal for free and customers need not to request service or download an app. "As connectivity expands, customers are increasingly encountering scams, fraud, and damaging communications. To combat these digital risks, we introduced an AI-based solution designed to proactively spot suspected spam calls and messages." Bharti Airtel CEO (West Bengal & Orissa), Ayan Sarkar said. Developed in-house by Airtel's data scientists, the AI-powered solution uses a proprietary algorithm to identify and classify calls and SMSes as "suspected spam". There are apps offered by antivirus and digital security providers to identify and block potential spam and fraudulent calls and messages. Blocking spam at the network level is a new ...
The Competition Commission of India (CCI) on Tuesday cleared Bharti Airtel's proposal to increase its stake in Indus Towers, following a buyback of shares by the telecom infrastructure company. Indus Towers is a passive telecom infrastructure provider. It deploys, owns, and manages passive telecom infrastructure for various mobile operators. "The Commission approves an increase in the percentage shareholding of Bharti Airtel Ltd (Bharti Airtel) in Indus Towers Ltd (Indus Towers) to 50.005 per cent pursuant to buy back of shares by Indus Towers," CCI said in a release. In August, Bharti Airtel announced it will hold over 50 per cent stake in Indus Towers after completion of the ongoing Rs 2,640-crore share buyback scheme of the telecom infrastructure firm. Telecom infrastructure major Indus Towers commenced the buyback of over 5.67 crore shares at Rs 465 apiece on August 14, representing approximately 2.107 per cent of total number of equity shares in the paid-up share capital of th
Satellite communications is a "magic bullet" to cover dark unconnected areas, Bharti Chairman Sunil Mittal said on Monday, adding that players now have a great new opportunity to leverage satellite connectivity to cover remote areas that have so far been left out. Speaking at the NDTV World Summit, Mittal said that nearly two billion people in the world are still not connected to the internet, and in the Indian context too there are areas -- large swathes of desert, forests, coastlines -- where neither mobile networks, not fibre is feasible. "For those areas you need satellite communications, and that, to my mind, offers now a great source of new opportunities for us, mobile operators, or telecom operators, to put that in a mix and start to cover areas which are still left behind," Mittal said. About five per cent of India's population sans internet connectivity lives in 25 per cent of the area, he said, emphasising that satellite is the only solution for them. "India provides a ve
Narendra Modi-led government faces task of luring foreign investment especially from heavyweights like Musk and balancing it with the demands placed by local wireless firms led by Ambani and Mittal