Their debt-to-equity ratio shot up to 6.83 times from 2.3 times at the end of March 2020
The latest tariff hike by the three operators happened in December 2019.
Mittal acknowledged that telecom tariffs need to go up and that Airtel would 'not hesitate' in this regard, but was quick to add that it cannot be done 'unilaterally'
Satellite companies are demanding spectrum free or at a nominal administered price as is done in other parts of the world. The move is being vehemently opposed by telcos through the COAI
Report combined net sales of Rs 1.87 trn as against Rs 2.24 trn posted 5 years ago
The post-pandemic list tells just one story - that of utter devastation
This will make Bharti Group the largest shareholder in the satellite communications company
According to DoT estimates, Vodafone Idea owes Rs 58,400 crore as AGR dues
Business Standard brings you the top headlines on Tuesday
Based on open radio access network (ORAN) technology, the plan is to roll out the solution initially for India and subsequently for exports
According to the latest data by TRAI, Bharti Airtel added 4 million subscribers to its network, followed by Vodafone Idea with 1.1 million users and Bharat Sanchar Nigam Ltd with 194,310.
Tests in other cities will commence soon and will need to be completed in six months
Around 2.07 p.m., its shares on the BSE were trading at Rs 542.50, lower by Rs 2.55 or 0.47 per cent from its previous close.
The recent G7 proposal of a global minimum tax has mixed implications for Indian corporations, foreign majors operating here and the tax authorities
A clutch of domestic companies is developing equipment and software solutions for this upcoming next-gen telecom technology
The tower portfolio in Airtel Tanzania comprises about 1,400 towers that form part of the group's wireless telecommunications infrastructure network.
Airtel is extending the free vaccination programme to nearly 80,000 employees of over 15,000 partners and distributors to prioritise inoculation of frontline staff
The big two telecom players have reorganised their digital businesses in readiness to monetise them.
The new technology, based on low earth orbit satellites (LEO), which is being used by the two companies, can offer broadband speeds of over 5GBPS
Bharti Airtel on Monday said its network is fully ready for 5G and also announced deployment of additional spectrum in Karnataka and Tamil Nadu to boost network quality. The company has deployed 11.2 Megahertz (Mhz) additional spectrum in Karnataka and 5 Mhz in Tamil Nadu, both in 1800 Mhz band, popularly known as 2G spectrum. "Airtel had acquired the 11.2 Mhz spectrum for Karnataka during the recent auctions conducted by the Government of India. With this fresh spectrum, Airtel has the largest spectrum bank of 68.8 Mhz in Karnataka. "With its diverse spectrum holdings across 2300, 2100, 1800, 900 bands, the company is well positioned to serve the growing demand for high speed data services and its network is fully ready for 5G," the company said in a statement. Airtel claims to have over 3.03 crore customers in Karnataka and its network covers 97.5 per cent population of the state. "Airtel now has the largest spectrum bank in Karnataka and our future ready network is well positio