Page 16 - Bharti Airtel

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, 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

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

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

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

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

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.

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

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 ..

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

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

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

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

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

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.

RIL, Bharti Airtel: What are Modi stocks, and why is CLSA bullish on them?

Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space

Bharti Airtel appoints Sharat Sinha as Airtel Business CEO, effective Jun 3

Telecom operator Bharti Airtel has appointed Sharat Sinha as the CEO of Airtel Business with effect from June 3, 2024. In this role, Sinha will report to Gopal Vittal and will be a part of the Airtel Management Board, according to a release. Sinha joins Airtel Business from Checkpoint Software Technologies, where he served as President of Asia Pacific. A seasoned technology professional, he has also worked with Palo Alto Networks, Cisco, and VMWare in various leadership roles. His early experiences in Ericsson and VSNL have also given him a sound telecom background, the release added. Gopal Vittal, CEO and MD of Bharti Airtel exuded confidence that Sinha's broad global experience in product management and business leadership across many global technology companies will provide tremendous firepower to Airtel's ambitions in rapidly growing the company's portfolio across connectivity and adjacencies. In June last year, Airtel announced the exit of the Chief Executive Officer of Bhart

Spectrum auctions: Bharti Airtel likely to edge past Reliance Jio

While Jio has fronted the highest earnest money deposit, it is not expected to bid the most

Allowing payment banks to lend will have big impact: Anubrata Biswas

Anubrata Biswas, managing director and chief executive officer of Airtel Payments Bank, discusses the quarterly results and future prospects with Harsh Kumar

June spectrum auction: Jio likely to spend Rs 12,000 cr, Airtel Rs 8,000 cr

Jio is expected to take the lead in the auction once again, with plans to bolster its spectrum portfolio, particularly in the 800 MHz band across certain circles