Page 13 - Bharti Airtel

India's 5G users to touch 970 mn by 2030: Ericsson Mobility report

User satisfaction with 5G doubled in Tier-III cities

Cabinet waives bank guarantee for spectrum purchased in past auctions

The Union Cabinet has waived the requirement to submit bank guarantees for spectrum purchased through auctions held before 2022, according to sources. The move brings huge relief to debt-ridden Vodafone Idea as it already crossed the timeline to submit Rs 24,746.9 crore bank guarantee for spectrum payment coming up between October 2025 and September 2026. The decision will also provide relief to Bharti Airtel and Reliance Jio who have bought radiowaves through various auctions that were held before 2022. "Cabinet has waived the requirement of bank guarantees as per the relief sought by telcos," a source said. As part of telecom reforms announced in September 2021, the government has already waived the requirement of depositing bank guarantees for spectrum purchased through auctions. Vodafone Idea CEO Akshaya Moondra in the company's earning call had said the bank guarantees will impact the company's ability to seek debt facilities from the banks which the firm requires for investm

Dharmendra Pradhan launches Bharti Airtel Foundation's 'TheTeacherApp'

Platform includes 'free for life', CBSE-based resources to help educators meet evolving needs of education

Stocks to watch, Nov 22, 2024: Adani Group stocks, Tata Power, NTPC, LIC

Stocks to watch on November 22, 2024: Here is a list of stocks from Infosys to Hyundai Motor India which will be on radar today

Jio, Airtel, Vi lose over 10 mn mobile subscribers in Sep; BSNL adds users

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

Telecom stocks mixed after SC allows to claim tax credits on infra duties

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

Bharti Airtel awards 'multibillion' 5G gear extension deal to Nokia

The 'multi year' deal is the second 5G order announced by telecom operators in the last two-months

Nokia wins multi-billion extension deal with Airtel to boost 4G, 5G network

The agreement is expected to enhance Airtel's 5G capacity while supporting its network transformation efforts and modernise its 4G network

Bharti Global completes acquisition of 24.5% of BT Group from Altice UK

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 ...

Nxtra to invest Rs 5,000 cr to double its capacity to 400 MW in three years

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

Bharti Airtel stock seen testing this key support for third time in 14 mths

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.

Bharti Telecom raises Rs 11,150 crore via bonds to fuel investment goals

REC looking to raise Rs 6,500 crore this week

Bharti Telecom accepts Rs 11,150 cr bids for biggest bond issue of FY25

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

Sunil Mittal's Bharti Telecom to raise Rs 8,500 crore via bond market

The borrowing is coming days after India's second-largest wireless carrier Bharti Airtel Ltd., in which Bharti Telecom is the largest shareholder

SIM consolidation to normalise over 2 quarters: Airtel MD & CEO Vittal

Incumbent CEO Vittal to take up some roles of Bharti Enterprise Chairman Sunil Mittal

Bharti Airtel slips 3% as Q2 nos. miss street expectations; ARPU at Rs 233

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

Higher tariffs lift Bharti Airtel's Q2 profit 168%, Arpu tops Rs 230

Sequentially, profit was 13.6 per cent lower than the Rs 4,159 crore in the preceding quarter

Shashwat Sharma to take over as MD, CEO of Airtel; Vittal named vice-chair

Gopal Vittal elevated to Bharti Airtel vice chairman, will remain MD

Bharti Airtel Q2FY25 results: Net profit jumps 168% to Rs 3,593 cr

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

Q2 results today: Airtel, Adani Power and BHEL among 168 to post earnings

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