Page 20 - Bharti Airtel

Florida-based GQG Partners ups India bet with Bharti Airtel stake buy

The fund also acquires additional stake in Macrotech Developers

Telecom giants shift focus to tier-based post-paid tariffs to boost revenue

Higher-priced family-pack bundles offer multiple mobile connections, generous data allowances, and subscriptions to popular OTT streaming apps to encourage users to upgrade to higher-ARPU-generation

Stocks to watch: Paytm, Tata Group, Airtel, Biocon, Suven, Vedanta, L&T

Stocks to watch on March 1, 2024: L&T has commissioned its first hydrogen electrolyser at the green hydrogen plant at Hazira, Gujarat

Bharti Airtel switches to recycled PVC SIM cards from virgin plastic

IDEMIA Secure Transactions, a division of the IDEMIA Group, is a leading provider of payment and connectivity solutions for financial institutions, mobile network operators and automotive manufacturer

Sunil Bharti Mittal receives honorary Knighthood from King Charles III

Bharti Enterprises Founder and Chairman Sunil Bharti Mittal on Wednesday became the first Indian citizen to be conferred an honorary Knighthood by Britain's King Charles III for services to UK and India business relations. In a list of honorary British awards unveiled by the UK Cabinet Office, Mittal receives a KBE under the Most Excellent Order of the British Empire one of the highest honours conferred by a British monarch. The 66-year-old entrepreneur said in a statement that he was deeply humbled by the gracious recognition from King Charles. The UK and India have historical relations, which are now entering a new era of increased cooperation and collaboration. I remain committed to working towards strengthening the economic and bilateral trade relationships between our two great nations, Mittal said. I am thankful to the government of the UK, whose support and keen attention to the needs of business has been critical in making the country an attractive investment destination,

Home business grows faster than overseas for India's biggest MNCs

These companies' revenues in India have grown at a faster pace than their overseas revenues. As a result, the contribution of Indian business to consolidated revenues has steadily increased

Airtel to offer under-river 5G connectivity for Kolkata metro commuters

Telecom major Bharti Airtel on Monday said it will provide under-river tunnel 5G connectivity to metro commuters in Kolkata by deploying high-capacity nodes 35 metres below river Hooghly. According to a company statement, this will make Airtel the first operator to deliver seamless connectivity through the 4.8km stretch in Kolkata's East-West Metro corridor connecting Howrah Maidan with the Esplanade. High-capacity nodes at each of these stations have been deployed for seamless connectivity allowing commuters to use high-speed internet, voice calls, and data transmission, it said. "This initiative to provide under-river tunnel connectivity will certainly make a difference to commuters where they will get to access to high-definition video streaming, gaming, multiple chatting, instant uploading of photos, and more, along with enjoying the scenic stretch below river Ganga," CEO, Bharti Airtel West Bengal and Odisha, Ayan Sarkar said. India's first underwater metro connecting Howrah t

Mavenir deploying O-RAN technology for Vodafone Idea on millimeter wave

Cloud-based O-RAN technology has been leveraged by Jio and Airtel during 5G rollouts

Telecom subscriber base grows marginally to 1.19 bn in December: Trai data

Telecom subscriber base in the country grew marginally to 119 crore in December 2023 on account of new subscriber addition by Reliance Jio and Bharti Airtel, according to a Trai report published on Thursday. The broadband subscriber base also grew marginally to 90.4 crore, accounting for about 76 per cent of the total subscriber base, as per the monthly subscriber report published by the Telecom Regulatory Authority of India (Trai). "The number of telephone subscribers in India increased from 1,185.73 million at the end of November to 1,190.33 million at the end of December, showing a monthly growth rate of 0.39 per cent," the Trai report said. Reliance Jio added 39.94 lakh mobile subscribers while Bharti Airtel onboarded 18.5 lakh. However, the growth was mitigated with Vodafone Idea (VIL) losing 13.68 lakh mobile customers, state-run BSNL 1.5 lakh and MTNL 4,420 mobile customers. Wireline subscribers increased to 3.18 crore at the end of December 2023 from 3.15 crore at the end

Airtel achieves 4.7 Gbps 5G speeds on mmWave spectrum using Ericsson gear

The peak throughput experienced during the testing gives Airtel the confidence to deploy mmWave for Fixed Wireless Access (FWA) application

Stocks to Watch today: Airtel, Paytm, LIC, Bajaj Auto, Adani Group, HDFC Bk

Stocks to watch on Monday, February 19, 2024: Shares of Adani group are likely to be in focus as the group is said to be in advanced talks to raise up to $2.6 billion from sovereign funds.

Jio tries to woo Airtel users on V-day with classic 'call me' pickup line

Reliance Jio has picked a playful banter with Airtel on social media on Valentine's Day, asking the customers of the rival telco not to ignore "red" flags in their relationship, dishing out the flirtatious 'call me' pick up line. In reply, Airtel shared its campaign "Sab Kuch Try Karo, Fir Sahi Chuno" (Try everything, then choose right). "Dear @airtelindia users, This Valentine's, don't ignore the 'RED' flags in your relationship. It's time to move on from your 'Ex'-stream. Here's my number 60008-60008. Call me maybe," Reliance Jio said on X. Jio often comes out with banter on the eve of Valentine's Day. While earlier it used to tag Vodafone Idea, the company this time directed towards its rival Airtel only. Airtel customers took the opportunity and posted their complaints like the network issue they are facing. Reliance Jio replied to most of the customers who posted complaints against Airtel. "What better day than Valentine's to find your true love?" Jio tweeted when a custome

Airtel Payments Bank sees surge in number of customer applications: CEO

The company said, given the trend, the bank would add one million on a monthly basis

Expected gains in Q3FY24 for Airtel hinge on fare hike, steady growth

Mobile subscribers saw net additions of 3.3 million to 345.6 million. The average revenue per user (ARPU) rose to Rs 208, up nearly 3 per cent quarter-on-quarter

Real improvement in Arpu to come only with tariff repair: Airtel MD Vittal

Telecom operator Bharti Airtel on Tuesday said while there has been a clear rise in Average Revenue Per User (ARPU) on an 'organic basis', the "real improvement" in this metrics will come from "tariff repair". During the company's Q3 investor call, Bharti Airtel Managing Director Gopal Vittal asserted it is not a question of whether tariff repair will happen, but rather when it will happen. "The real improvement will come only if there is a tariff repair. As I have mentioned before it is not a question of if tariff repair will happen, it is a question of when it will happen," the Airtel top honcho said. There has been an improvement in ARPU in the absence of tariffs hikes too, he noted citing the organic levers. "We have seen improvement in ARPU in absence of tariffs hikes...yes, in some quarters it is higher, some quarters lower. But if you take slightly longer timeframe there is clearly a movement up in the ARPU on an organic basis, given the levers that I spoke about...post paid

Sensex surges 455 pts, Nifty tops 21,900; IT index jumps 3%, YES Bank 12%

Stock market highlights on February 6, 2024: The Nifty Auto, Metal, and Pharma added over 1 per cent each

Bharti Airtel Q3 results: Consolidated net profit rises 54% to Rs 2,442 cr

ARPU rises to Rs 208 from Rs 203 in Q2

Bharti Airtel Q3 results: Profit jumps 54% to Rs 2,442 cr; revenue up 5.8%

Airtel prepaid mobile customers are required to pay at least Rs 155 for about a month-long service as the company had raised rates by 56 per cent in January 2023

Bharti Airtel to allot 3.86 million equity shares to certain FCCB holders

Bharti Airtel on Friday said it will allot 38.6 lakh equity shares to certain FCCB holders at a conversion price of Rs 518 per equity share. This follows receipt of notice for conversion of FCCBs (Foreign Currency Convertible Bonds) of principal value of USD 27,795,000 from the FCCBs holders. Accordingly, it said, the paid-up equity share capital of the company has increased. The telco's committee of directors for fundraising approved the allotment of shares to these FCCB holders on Thursday, according to a regulatory filing. "...upon receipt of notices for conversion of FCCBs of principal value of USD 27,795,000 from certain FCCBs holder(s), the Special Committee of Directors for Fund Raising has, today, that is on February 01, 2024, approved the allotment of 3,864,800 fully paid-up equity shares of face value Rs 5 each at a conversion price of Rs 518 per equity share to such holder(s) of FCCBs," the filing said. FCCB is a debt instrument to raise funds from overseas market. Such

Stocks to Watch today: Axis, HDFC Bk, LTFH, Airtel, Lupin, REC, JSW Energy

Stocks to watch on Wednesday, January 24, 2024: Bajaj Auto, Canara Bank, DLF, Exide, Indian Oil, Tata Steel, Tech Mahindra and TVS Motor to announce Q3 results today.