Page 27 - Bharti Airtel

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

Bharti Airtel prepays Rs 8,024 crore of deferred spectrum liabilities

They are separate from Adjusted Gross Revenue (AGR) liabilities which are the usage and licensing fees that telecom operators are charged by the government

Airtel prepays Rs 8,024 crore dues for spectrum to telecom department

The move is expected to help India's second-largest telco save on interest costs annually and improve cash flows

Stocks to Watch: Bharti Airtel, Adani Ent, Cipla, RailTel, Indian Hotels

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 becomes first ICT provider to link over 20 million IoT devices

Airtel's aggressive push in IoT has come at a time when rival Vodafone Idea (Vi) has doubled down the segment

Airtel Business connects over 20 million devices via IoT solutions

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 first enterprise to link over 20 million IoT devices

Airtel Business's integrated IoT platform offers customised solutions for each IoT requirement of enterprises across 5G, 4G, narrowband-IoT (NBIoT), 2G, and satellite

Sensex soars 274 pts, Nifty near 19,400 as Bajaj Fin leaps 7%, Hero Moto 5%

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

How do brokerages view Reliance Jio's new feature phone offering?

Brokerages estimate that the launch of 'JioBharat' phones could disrupt the 2G market, and delay the tariff hike discussions in the near-term

Warburg Pincus sells shares of telecom major Bharti Airtel for Rs 1,649 cr

Warburg Pincus on Friday sold shares of telecom major Bharti Airtel for Rs 1,649 crore through an open market transaction. Lion Meadow Investment Ltd, an affiliate of private equity firm Warburg Pincus disposed of shares of Bharti Airtel. According to the block deal data available with the BSE, Lion Meadow offloaded 1,90,00,000 shares, amounting to 0.32 per cent stake in Bharti Airtel. The shares were disposed of at an average price of Rs 868 apiece, taking the aggregate transaction size to Rs 1,649.20 crore. These shares were acquired by funds/ affiliates of US-based financial services company Capital Group in 11 tranches. On Friday, shares of Bharti Airtel gained 0.80 per cent to close at Rs 879 apiece on BSE.

Stocks to Watch: Lupin, Vi, Tech M, Bharti Airtel, Aditya Birla Capital

Stocks to Watch on June 27, 2023: Lupin: As per reports, Lupin is considering a restructuring move to unlock value by demerging its API (active pharmaceutical ingredients) business

Airtel Business announces changes to leadership team; CEO Chitkara quits

Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel

Musk, Tata & Mittal on one side, Ambani on other for satellite spectrum

Elon Musk wants his Starlink to beam down wireless internet in India from satellites orbiting the earth, but the licensing regime his group favours has put him at odds with Mukesh Ambani's Reliance. After meeting Prime Minister Narendra Modi in New York last week, Musk on June 21 said he was keen to launch Starlink in India that "can be incredibly helpful" in bringing the internet to remote villages that lack on-ground infrastructure. But Starlink wants India to just assign a license for the service and not insist on auctioning the signal-carrying spectrum or airwaves. This stand finds Musk on the side of Tatas, Sunil Bharti Mittal's firm, and Amazon, who too prefer the same route. But Ambani's Reliance says there must be an auction of spectrum for foreign satellite service providers to offer voice and data services to provide a level playing field to traditional telecom players who offer the same services using airwaves bought in government auctions. "India's space-based ...