Page 28 - Bharti Airtel

Bharti Airtel slips 4% after JP Morgan downgrades stock to 'Underweight'

Higher-than-expected capex, delayed price repair and a lack of 5G monetization should halt the industry wide ROIC repair that the brokerage firm now expects to decline/flat-line over FY23-25.

2023 will be decisive for Vodafone Idea, fundraising critical: CLSA

The brokerage firm CLSA said that with a decline in VI's share, Airtel and Jio together control 77 per cent and should continue to gain share in 2023

Reliance Jio and Bharti Airtel launch 5G services in Bhubaneswar

Telecom operators Jio and Bharti Airtel on Thursday started their 5G services in the state capital. The 5G services of both the companies were unveiled by Union Education Minister Dharmendra Pradhan and Union Telecom Minister Ashwini Vaishnaw at an event here. Vaishnaw said that the Narendra Modi government has sanctioned a total of Rs 5,600 crore for telecom services in Odisha in the 2022-23 and 5,000 mobile towers will be installed across the state for world class communication facilities. Vaishnaw had committed to start 5G services in the state before January 26. Telecom Secretary K Rajaraman said that the government has also dedicated 100 towers for 4G services in rural areas of the state. He announced the setting up of a 5G research lab at Siksha O Anusandhan (SOA) University in collaboration with Jio.

Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine

CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.

Stocks to Watch: KFin Tech, SBI, Airtel, RIL, Sheela Foam, McLeod Russel

Stocks to Watch: KFin Technologies to debut on the bourses today. The stock is likely to list on a tepid note.

Bharti Airtel sees limited scope of 5G monetisation currently: Executive

Fewer people upgrading to 5G handsets, says top executive

Airtel plans to invest additional Rs 27-28,000 crore with focus on 5G

Telecom operator Bharti Airtel has plans to invest Rs 27,000-28,000 crore in telecom network with a focus on 5G rollout, a company official said on Wednesday. While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so. "Airtel capex will be in line with that spent in the last three years. It may go up and down because of the faster rollout of 5G-- around Rs 27,000-28,000 crore. We may see an upsurge in one year and gradually moderate around the same level," the official, who did not wish to be named, told PTI. The company earlier had an annual average capex in the range of Rs 24,000-25,000 crore. The official said that capex is being largely spent on radios (mobile antennas), fibre, broadband, enterprise technology data centres etc. According to data shared by the telecom ministry, Bharti Airtel has rolled out 3,293 base stations for 5G till .

Airtel announces launch of 5G Plus in select areas of Jammu, Srinagar

Airtel 5G Plus services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout

Stocks to Watch: Suven Pharma, Telecom, Restaurant, Travel, DLF, Tata Power

Stocks to Watch: Shares of restaurant and travel related firms are likely to be in foucs as government ups the ante to keep the new variant of Coivd-19 virus at bay.

Covid-19, growth concerns push Sensex 635 pts down, Nifty below 18,200

CLOSING BELL: The Pharma index advanced over 2 per cent today as diagnostics and healthcare firms climbed amid rising Covid-19 cases globally

Stocks to Watch: IRFC, Airtel, Jubilant Food, Delhivery, CBI, KP Energy

Stocks to Watch Today: Dabur India promoters, the Burman family, sold 1 per cent stake in the company through a block deal on Tuesday.

Jefferies rejigs India model portfolio; Zomato, Bharti Airtel off menu

The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction 'buy' for Jefferies with a price target of Rs 100

Telecos divided over benefits of artificial intelligence, big data tech

Operators have taken up conflicting positions on the need to create common AI terminology standards before leveraging the new-age technology in the telecom industry

Jio installed 5x more 5G radios than Airtel as of Nov: Telecom dept in RS

Airtel cites difference in tech after govt presents data in Rajya Sabha

Ericsson scaling up production in phases at Pune to meet India' 5G demand

Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans

Mobile user base dips for second straight month, shrinks by 1.82 million

The number of mobile users has fallen twice in the past eight months now, latest fall concentrated in urban India

Sensex drops 879pts, Nifty near 18,400 on Fed's hawkish pivot; IT worst hit

CLOSING BELL: The 30-pack index had dropped over 900 points intra-day to hit a low of 61,715.61, while the 50-pack index hit a low of 18,388

Stocks to watch: Bharti Airtel, Poonawalla Fincorp, M&M, SBI, Wipro, NTPC

Stocks to watch today: M&M will invest Rs 10,000 crore to set up an electric vehicle (EV) manufacturing facility in Pune; Bharti Airtel launched 5G Plus services at no-extra cost in Lucknow

Bharti Airtel launches 5G Plus services at no extra cost in Lucknow

Telecom operator Bharti Airtel on Wednesday announced the launch of its cutting-edge 5G services here. Airtel 5G Plus services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout. Customers with 5G-enabled devices will enjoy a high-speed Airtel 5G Plus network at no extra cost until the rollout is more widespread, according to a press statement. "Currently operational at Gomti Nagar, Hazratganj, Aliganj, Aishbagh, Rajajipuram, Aminabad, Jankipuram, Alambagh and Vikas Nagar and a few other select locations, Airtel will augment its network making its services available across the city in due course of time," said Sovan Mukherjee, CEO, Bharti Airtel, Uttar Pradesh. Airtel customers can now experience ultrafast networks and enjoy speed up to 20-30 times faster than the current 4G speeds, he added. "The upgraded network will allow superfast access to high definition video streaming, gaming, instant uploading of pho

Airtel World Pass international plans for prepaid, postpaid users announced

The Airtel World Pass international roaming plans offer significantly higher value in terms of data and voice benefits, Airtel said in a statement