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 Jio's total headcount at FY23 end was 95,326; Airtel's headcount was 64,407; and Vodafone Idea's was 15,604
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
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
Producing these eco-friendly debit cards will also diminish petroleum consumption during manufacturing, cutting hydrocarbon usage by 43 per cent
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 Xstream AirfFiber to provide WiFi to homes without optical fibre connections
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's India revenue for Q1FY24 at Rs 26,375 crore, increased by 13.1 per cent
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
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.
Reliance Jio continues as the market leader holding more than 50% of broadband market share and 38% of subscriber market share
They are separate from Adjusted Gross Revenue (AGR) liabilities which are the usage and licensing fees that telecom operators are charged by the government
The move is expected to help India's second-largest telco save on interest costs annually and improve cash flows
Stocks to Watch on July 28, 2023: Despite a 10 per cent increase in revenue, telecom provider Airtel Africa announced a net loss of $151 million in the first quarter (April-June) of FY24 on Thursday
Airtel's aggressive push in IoT has come at a time when rival Vodafone Idea (Vi) has doubled down the segment
Bharti Airtel on Tuesday announced that its B2B division has become the first ICT service provider in the country to connect over 20 million devices through its Internet of Things (IoT) solutions. Airtel Business is the business-to-business (B2B) division of telecom company Bharti Airtel. Airtel IoT enables enterprises across industries such as automobile, energy, utilities, logistics, financial services, manufacturing and others with a secure and dedicated private network for the safe transmission of all customer data across connected devices. Recent key wins for Airtel IoT deployment include a partnership with Secure Meters for the deployment of 1.3 million smart meters in Bihar on NB-IoT, a partnership with TP Western Odisha Distribution Limited for the deployment of 200,000 smart meters in Odisha, as well as a pact with Matter Motor Works to power 300,000 bikes through cellular IoT. "IoT is a key pillar in India's digital growth journey and, as a brand powering this journey wit
Airtel Business's integrated IoT platform offers customised solutions for each IoT requirement of enterprises across 5G, 4G, narrowband-IoT (NBIoT), 2G, and satellite
Closing Bell on July 4, 2023: The rally was led by Bajaj Finance, Bajaj Finserv, Hero Moto, Tech M, TCS, Wipro, Sun Pharma, Kotak Bank, Infosys, Cipla, HCL Tech, SBI, HDFC twins, and ICICI Bank
Brokerages estimate that the launch of 'JioBharat' phones could disrupt the 2G market, and delay the tariff hike discussions in the near-term