If Airtel's request is accepted, the government would have 2 to 4 per cent equity in the telco
To understand today's telecom business, one must trace the evolution of the entrepreneurs who shaped it
Jio had about 44% of its subscriber base in rural parts by March
Bharti Airtel and Google on Tuesday announced a partnership to offer Google One cloud storage subscription service for the telco's customers, to address the limitations of device storage. All postpaid and Wi-Fi customers will get access to six months of 100 GB of Google One cloud storage at no extra cost. After six months, a fee of Rs 125 per month will be added to the customer's monthly bill. If a customer chooses not to continue the subscription, they can cease to be a Google One member, according to a release. The partnership seeks to address the issue of growing data storage constraints faced by users by ensuring that customers have adequate space to store photos, videos, documents and other digital content without the need to frequently delete files or resort to expensive physical storage expansions, according to the release. As an introductory offer, the 100 GB cloud storage will be available at no additional cost for six months from the date of activation, enabling customers
Technical outlook on telecom stocks post SC verdict on AGR dues: Voda Idea looks weak on chart and can slide up to 34% from present levels. Bharti Airtel and TTML, however, look favourably placed.
The call for collaboration comes at a time when the government is intensifying efforts to detect and prevent potential cybersecurity attacks
Bharti Airtel and Bharti Hexacom have moved the Supreme Court seeking relief from AGR dues, following Vodafone Idea's plea. The telcos warn of financial strain without a waiver on interest & penalties
Reduces overall stake to 28.3 per cent by selling 71 million shares through Pastel Ltd at a 2.85 per cent discount to Airtel's previous closing price
Singtel reduces its Bharti Airtel stake from 29.5% to 28.3% after selling 71 million shares for $1.54 billion through its wholly owned unit Pastel
Bharti Airtel reported a net profit of ₹11,022 crore for the fourth quarter of FY 2024-25 (Q4FY25), marking a 432 per cent surge from ₹2,071.6 crore in the same period last year (Q4FY24).
The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities
Airtel has asked the DoT for clarity on converting spectrum dues into equity under the 2021 reforms, but will wait for its board to decide on exercising the option
Its consolidated revenue from operations stood at ₹47,876 crore in Q4, up 6.08 per cent from ₹45,129 crore in Q4FY24.
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.
Sequentially, the company's net profit was 25.4 per cent lower than the ₹14,781 crore reported in the preceding quarter
The company's revenue from operations increased 27 per cent to ₹47,876.2 crore, compared to last year's Q4 revenue of ₹37,599.1 crore
In the previous trading session, Sensex jumped 2,975.43 points, or 3.7 per cent, to close at 82,429.90 levels. The Nifty50 closed at 24,924.7, up by 916.7 points, or 3.8 per cent.
India's No 2 telecom is in discussions to take up more than 700,000 sq ft space in upcoming Worldmark office buildings
Jio, Airtel and Vodafone Idea activate 24x7 joint centre with DoT to ensure uninterrupted services, disaster preparedness and coordination with government agencies
Reliance Jio cemented its lead in Indian telecom market adding 21.74 lakh wireless subscribers in March, while Bharti Airtel's monthly gains were at 12.50 lakh users, according to data released by telecom regulator TRAI on Wednesday. Vodafone Idea lost 5.41 lakh mobile users from its network, and its subscriber base shrunk to 20.53 crore users. As per the data, Jio's addition of 21.74 lakh wireless users during the month pushed up its subscriber count to 46.97 crore. For Bharti Airtel, the mobile base expanded to 38.98 crore, with addition of 12.50 lakh users in March. "Total wireless (mobile+5G-FWA) subscribers increased from 1,160.33 million at the end of February-25 to 1,163.76 million at the end of March-25, thereby registering a monthly growth rate of 0.28 per cent. Total wireless subscription in urban areas decreased from 634 million on February-25 to 632.57 million on March-25 and the subscription in rural areas increased from 526.33 million to 531.18 million during the same