The company aims to reach upto 200 million homes & premises with new service
The Home Ministry is also evaluating the application for security-related checks, and a meeting has been scheduled this week, which is expected to see the participation of Starlink executives
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.
The ARPU rise has helped operating profit grow by 5.6 per cent (quarter-on-quarter) Q-o-Q in Q1FY24
Troubled Vodafone Idea (VI) has around Rs 7,000 crore in the form of one-time spectrum charge (OTSC) dues
Nearly 300 million feature phone users will benefit
Airtel will do this by acquiring stakes in two renewable energy project companies - Continuum Green India and Vibrant Energy Holdings
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
The sector's Average Revenue per User (ARPU) for the mobile business rose to 142.3
ARPU is an important indicator of a telecom company's business health. Here is what it means
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