Page 23 - Bharti Airtel

Stocks to Watch today, Sep 15: Infosys, Airtel, BoM, GMM Pfaudler, Sequent

Stocks to watch on Friday, September 15, 2023: Buzzing today - Infosys secures a $1.5 bn global deal, GMM Pfaudler inks $7 mn acquisition and RBI places 15 NBFCs in top layer.

Growth prospects, deleveraging to drive gains for Bharti Airtel stock

The ARPU rise has helped operating profit grow by 5.6 per cent (quarter-on-quarter) Q-o-Q in Q1FY24

Airtel's contingent liabilities jump from Rs 4,100 cr to Rs 11,500 crore

Troubled Vodafone Idea (VI) has around Rs 7,000 crore in the form of one-time spectrum charge (OTSC) dues

Digital cash now available on feature phones, to expand financial inclusion

Nearly 300 million feature phone users will benefit

Bharti Airtel to purchase 23,000 Mwh of renewable energy in Q4FY24

Airtel will do this by acquiring stakes in two renewable energy project companies - Continuum Green India and Vibrant Energy Holdings

Airtel to source 23,000 MWh of renewable energy for 6 Nxtra data centres

Airtel has also entered into a similar stake purchase agreement with the project company Vibrant Energy to supply solar power to its Edge data centre in Vijaywada

Telecom sector AGR rises 2.5% sequentially to Rs 64,494 cr in Q4 FY23

The sector's Average Revenue per User (ARPU) for the mobile business rose to 142.3

ARPU: What is average revenue per user, and how is it calculated?

ARPU is an important indicator of a telecom company's business health. Here is what it means

Airtel doubles its ARPU to Rs 200; what does that mean for Jio, Vodafone

Airtel's ARPU has grown 9.28 per cent from ₹183 in the first quarter of the previous financial year, much sharper than the 2.8 per cent in Jio's case

Reliance, Vodafone, Airtel may increase their headcount by 25% in FY24

Reliance Jio's total headcount at FY23 end was 95,326; Airtel's headcount was 64,407; and Vodafone Idea's was 15,604

Claims worth Rs 45K cr against Bharti Airtel, subsidiaries under litigation

Telecom operator Bharti Airtel on Tuesday said claims worth Rs 45,286.76 crore against the company and its subsidiaries are under litigation in various courts across the country. The pending litigations include a demand of Rs 15,178 crore, the highest among all, for one-time spectrum charges that was raised by the Department of Telecommunications (DoT) in January 2013. Initially a demand notice of Rs 5,201.2 crore was raised by the DoT, which was revised to Rs 8,414 crore in 2018. "The company challenged the demand notice of Rs 5,201.2 cr dated January 8, 2013 (revised to Rs 8,414 cr in 2018), issued by Department of Telecommunications towards one-time spectrum charge (OTSC). The Bombay High Court vide order dated January 28, 2013 and October 4, 2019, granted interim protection to the company. Matter is pending adjudication," Bharti Airtel said in a regulatory filing. The second biggest claim in the list of litigation includes a claim of Rs 4,439 crore by a company's subscriber, wh

Airtel Wynk music streaming app gets Dolby Atmos on Android, iOS: Details

Wynk Music said that it would add music catalogue from Yash Raj Films (YRF), Saregama, and Phonographic Digital Limited (PDL) in Dolby Atmos format in eight languages

Airtel Payments Bank launches r-PVC-based eco-friendly debit card

Producing these eco-friendly debit cards will also diminish petroleum consumption during manufacturing, cutting hydrocarbon usage by 43 per cent

Airtel emitting strong signals; improving margins along with debt-reduction

By the calculation, EBITDA minus Capex, operating cash flow was at $1.1 billion (up 26 per cent QoQ) while India Operating cash flow increased to $585 million (up 10 per cent QoQ)

Airtel launches India's first 5G wireless Wi-Fi 'Airtel Xstream AirFiber'

Airtel Xstream AirfFiber to provide WiFi to homes without optical fibre connections

Airtel launches Xstream AirFiber fixed wireless access device: Details here

Airtel Xstream AirFiber is a plug-and-play device with in-built Wi-Fi 6 technology, which can hold connections with up to 64 devices simultaneously

Bharti Airtel Q1 results: Net profit flat at Rs 1,612 crore, ARPU at Rs 200

Bharti Airtel's India revenue for Q1FY24 at Rs 26,375 crore, increased by 13.1 per cent

Q1 Preview: Airtel ARPU may near Rs 200-mark; Voda to see muted subs churn

Bharti Airtel Q1 preview: On average, analysts expect Bharti Airtel's consolidated net profit to rise around 60 per cent year-on-year (YoY) to Rs 2,676 crore in Q1FY24

Bharti Airtel to target SMBs market with Airtel IQ messaging platform

Telecom operator Bharti Airtel is looking to garner a major share in enterprise communication services segment of small and medium businesses with its new Airtel IQ Reach platform, a senior company official said on Tuesday. Airtel's communications platform as a service (CPaas) Airtel IQ Reach will enable small and medium businesses to engage with target customers with prepaid pay-as-you-go plans. "About 20-25 per cent of target message market is small and medium businesses for promotion. That is the market which we would like to go after and be market leaders in terms of message volumes," Airtel Business, Head Digital Products & Services, Abhishek Biswal said. He said that Airtel IQ subscribers will need to spend Rs 10,000 to Rs 1.5 lakh per month to avail the service. It is a prepaid self-serve platform which will enable businesses to send personalised communications to pre-defined customer segments.

Jio gains 3 million new subscribers, Vodafone loses 2.8 mn in May: Trai

Reliance Jio continues as the market leader holding more than 50% of broadband market share and 38% of subscriber market share