Page 58 - Bharti Airtel
Bharti Airtel says it is planning to exit the Ghanaian telecom market
Airtel on Tuesday said it is planning to exit the Ghanaian telecom market. "Bharti Airtel in its board meeting held earlier today announced the approval of the board for concluding an arrangement with Government of Ghana wherein Government of Ghana will acquire 100 per cent shares of Airtel Ghana Ltd (AirtelTigo...) along with all customers, assets and agreed liabilities," the company said in a filing to NSE. The parties are in advanced stage of talks for conclusion of the commercial agreement for the transfer of AirtelTigo on a going concern basis to the Government of Ghana, it added. Accordingly, Airtel is voluntarily taking an impairment charge of Rs 184.1 crore, it said. AirtelTigo is a joint venture between Airtel and Millicom, wherein Airtel holds a non-controlling 49.95 per cent stake in AirtelTigo, it added.
 "Bharti Airtel says it is planning to exit the Ghanaian telecom market")
Bharti Airtel losses narrow to Rs 763 cr in Sept quarter; revenue up 22%
Telecom operator Bharti Airtel on Tuesday reported substantial narrowing of losses for the second quarter ended September 2020 at Rs 763 crore
Bharti Airtel Q2 loss narrows down to Rs 763 cr; revenue up 22% YoY
The company had posted a loss of Rs 23,044.9 crore in the year-ago period
Sensex surges 377 pts as financial, FMCG stocks rally; Nifty ends at 11,889
All that happened in the markets today
 "Sensex surges 377 pts as financial, FMCG stocks rally; Nifty ends at 11,889")
Bharti Airtel Q2: Stable qtr in the offing; losses to contract, ARPU rise
Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to $88 million in the quarter ended September
 "Bharti Airtel Q2: Stable qtr in the offing; losses to contract, ARPU rise")
Bharti Airtel enters cloud communications market, launches 'Airtel IQ'
The Indian cloud communications market, estimated at USD 1 billion, is seen growing nearly 20 per cent annually
 "Bharti Airtel enters cloud communications market, launches 'Airtel IQ'")
Bharti Airtel a formidable No 2 in all pricing scenarios, say analysts
ARPU expansion, market share gains expected even if there is no tariff hike
Airtel Africa's profit falls 9% to $88 million on higher finance cost
In constant currency terms, Airtel Africa recorded a growth of 19.5 per cent to $472 million in operating profit on a constant currency basis
 "Airtel Africa's profit falls 9% to $88 million on higher finance cost")
Airtel Africa Apr-Sept profit drops 37% to $145 mn, revenue up 10.7%
The company had posted a profit after tax of USD 228 million for the same period a year ago
 "Airtel Africa Apr-Sept profit drops 37% to $145 mn, revenue up 10.7%")
Bernstein initiates coverage on Bharti Airtel with an 'outperform' rating
The brokerage notes that the pricing status quo is net positive for Jio and Bharti and negative for Vodafone Idea.
Bharti Airtel blames contentious privacy policy wording on clerical error
Bharti Airtel has said it does not collect any personal info pertaining to genetic data, religious or political beliefs and sexual orientation, as the telco drew flak over its privacy policy
Bharti Airtel hits seven-month low in a strong market; down 20% in 1 month
The board of Bharti Airtel is schedule to meet on October 27, 2020 to consider the audited financial results for the second quarter ended September 30, 2020
 "Bharti Airtel hits seven-month low in a strong market; down 20% in 1 month")
Active users' tally: Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip
Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month
 "Active users' tally: Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip")
Nxtra Data shares issued to Carlyle affiliated entity post CCI nod: Airtel
On July 1, Airtel had announced that Carlyle Group will acquire about 25 per cent stake in its data centre business, Nxtra Data, for USD 235 million
Bharti Airtel ties up with global firms, kicks off ORAN tech plan
ORAN is based on open platforms rather than the traditional proprietary technology offered by incumbent gear makers
Airtel, Aakash Educational to launch TV channels for JEE, NEET coaching
Bharti Airtel DTH arm Airtel Digital TV and coaching institute Aakash Educational Services on Tuesday launched two dedicated TV channels for preparation of medical and engineering entrance exams.
Reliance Jio, Bharti Airtel ring in active vs inactive subscriber battle
Jio had over 87 million users who were inactive customers in June. That means only 78.15 per cent of its total subscriber base was active
 "Reliance Jio, Bharti Airtel ring in active vs inactive subscriber battle")
Jio adds 3.5 million customers in July, Voda Idea loses 3.7 million: Trai
Bharti Airtel added a net 3.26 million wireless subscribers during the month.
 "Jio adds 3.5 million customers in July, Voda Idea loses 3.7 million: Trai")
Bharti Airtel takes challenge to Reliance Jio in broadband service
Operator seeks to expand FTTH service to 40 million homes across 1,000 cities
 "Bharti Airtel takes challenge to Reliance Jio in broadband service")
Airtel extends pact with Ericsson for deployment of 5G-ready radio network
Telecom operator Bharti Airtel has extended its contract with Ericsson for deployment of 5G-ready radio network, a statement said on Wednesday