Page 32 - Bharti Airtel

Airtel forays into home surveillance biz; launches service in 40 cities

Bharti Airtel has entered the home surveillance business with the launch of service in 40 cities, including Mumbai, Delhi-NCR, Bengaluru, Chennai and Kolkata, the company said on Monday. The company will charge Rs 999 per year for the first camera and Rs 699 per year for add-on camera, besides one time product and installation cost. "We constantly listen to our customers and post-pandemic a lot of them have expressed concerns about the well-being of their loved ones while they are away from home. Xsafe is an end-to-end home surveillance solution that allows customers to keep an eye on their loved ones. It will also allow them to talk to those at home from wherever they are through a two-way communication system in the camera," Bharti Airtel - Homes, CEO, Vir Inder Nath said in a statement. It will provide up to 7-day storage on cloud which will enable users to access the recorded video from any remote location. "The App will provide real-time alerts when the camera detects any ...

Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore

Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel's promoter Bharti Telecom Ltd, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel offloaded 9,40,00,000 shares, amounting to 1.59 per cent stake in the company. The shares were disposed of at an average price of Rs 772.5 apiece, taking the transaction value to Rs 7,261.50 crore. Pastel Ltd is a unit of Singapore Telecommunications Ltd (Singtel). Post this transaction, Pastel's shareholding in Bharti Airtel will decrease to 10.62 per cent from 12.21 per cent. At the end of the June quarter, Pastel held 13.84 per cent stake in the firm, shareholding data with the bourse showed. Bharti Group Chairman Sunil Bharti Mittal's family and Singtel are co-investors in Bharti Telecom Ltd (BTL). In early September, Singtel entities had jointly sold a 1.76 per cen

Airtel, Jio to spend about Rs 400 crore on ads during festive season

Bharti Airtel and Reliance Jio together are likely to spend the bulk of around Rs 350-400 crore in festive season advertising

Get ready to cruise over 150-200 mbps download speed on 5G highway

Will later stabilise at around 60 mpbs when subscriber number swells to 100 million or more

Kerala in talks with Airtel, Jio to monetise internet firm's assets

Kfon, after three years, may have to raise Rs 250 crore annually to repay its debt and for maintenance and expansion

Vodafone Idea decides to not convert its AGR dues into equity: Report

Vodafone Idea (Vi) needs to tell its decision to DoT on September 16 if it wants to convert the FY18 and FY19 dues into equity

Reliance Jio adds 2.94 mn subscribers, Bharti Airtel 0.5 mn: Trai

Overall, the country added 0.7 million new telecom subscribers in July, lower than the 2.22 million new subscribers in June

Reliance Jio, Bharti Airtel not to hike tariffs for 5G services: Report

The low penetration of 5G handsets and the inability of several handsets to support certain spectrum bands were cited as reasons

5G handsets, tech limitations keep tariff hikes at bay for Jio, Airtel

Telecom operators Reliance Jio and Bharti Airtel are not looking at higher tariffs for 5G services during the initial level of launch in metro cities

Reliance Jio going with Nokia, Ericsson to roll out 5G network in October

Sources say that Airtel is planning a similar launch of 5G in most of the same cities from October onwards

Singtel entities jointly offload 1.76% stake in Airtel for Rs 7,128 cr

Singtel entities have jointly offloaded a 1.76 per cent stake in Bharti Airtel for about Rs 7,128 crore, according to sources. Bharti Airtel promoter Bharti Telecom Ltd has bought a 1.63 per cent stake from Singtel entity Pastel Ltd for Rs 6,602 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Bharti Telecom purchased 9,62,34,427 shares, amounting to a 1.63 per cent stake in the company. The shares were acquired at an average price of Rs 686 apiece, taking the transaction value to Rs 6,601.68 crore. The shares of Bharti Airtel Ltd were sold by Pastel Ltd, a unit of Singapore Telecommunications Ltd (Singtel). According to sources, Viridian also offloaded about 1 crore shares. "Singtel entities have jointly offloaded a total of 1.76 per cent shares on Wednesday. Bharti Telecom has acquired 96 million shares while public has acquired around 7 million shares offloaded by Singtel group firms. "Post this transa

Airtel to launch 5G in a month, to cover key metros by Dec: CEO Vittal

Mittal family buys 96 million shares in Airtel from Singtel

Telecom firms divided over spectrum allocation, seek clarity from DoT

All telcos have commented on devising a new legal framework to govern India's telecommunications sector

Telcos, phone makers in discussion for affordable rollout of 5G: Report

Mukesh Ambani on Monday announced that RIL will invest Rs 2 trillion to launch 5G mobile internet services in India's key metro cities by Diwali

Mittal family increases stake in Airtel, group arm to buy 3.3% from Singtel

Transaction to cost around Rs 12,900 crore; family currently owns 24.13% stake in Airtel

No fuss, no follow up: Sunil Mittal praises govt on spectrum allocation

Says this is a first in his over 30 years of first-hand experience with Department of Telecommunications

Top headlines: Boat with ammo in Maha coast; Mittal hails ease of doing biz

Business Standard brings you top news of the day

Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers

CLOSING BELL: The recovery was led by Kotak Bank (up 4 per cent), L&T, Bharti Airtel, SBI, HDFC Bank, HDFC, and ITC

No fuss, no follow up: Mittal praises govt on quick spectrum allocation

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment. "Airtel paid Rs 8,312.4 crore towards spectrum dues and was provided the allocation letter for the designated frequency bands within hours. E band allocation was given along with spectrum as promised. No Fuss, No Follow Up, No running around the corridors and No tall claims. This is ease of doing business at work in its full glory," Mittal said in a statement. The Department of Telecom has received payment of around Rs 17,876 crore from service providers -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction. While all telecom operators have opted to make payments in 20 annual ...

Airtel hits 3-month high; up 4% in 2 days on Rs 8k-cr 5G spectrum payment

Airtel believes upfront payment will free up future cash flows and allow the company to dedicate resources to single-mindedly concentrate on the 5G roll out\