Page 66 - Bharti Airtel

After 10 years at the helm, Rajan Mathews quits COAI; SP Kochar takes over

Mathews, who is a US citizen, will be heading to the US to join his family in New Jersey

DoT warns operators of action if banned Chinese apps are not deleted

The order came after the government this week banned several Chinese apps including ByteDance's TikTok, Alibaba's UC News and Tencent's WeChat citing "threat to sovereignty and integrity.

Carlyle Group to acquire 25% stake in Airtel's data centre biz for $235 mn

The post-money enterprise valuation of Nxtra Data Ltd is approximately $1.2 billion

Bharti backs bid for SoftBank's collapsed satellite operator OneWeb: Report

OneWeb filed for Chapter 11 bankruptcy at the end of March after its biggest investor SoftBank Group Corp pulled funding, with an auction for the startup due to start on Thursday.

Bharti Airtel up 2% as Carlyle Grp to buy 25% stake in Co's Data Centre biz

For the quarter ended March 2020, the telecom operator posted a consolidated loss of Rs 5,237 crore.

Carlyle Group to acquire 25% stake in Airtel's Data Centre business

The transaction is subject to the necessary regulatory approvals, including approval from the Competition Commission of India

Jio adds 6.25 mn users, Vodafone Idea loses 3.5 mn in February: Trai

Subscribers of Bharti Airtel and Bharat Sanchar Nigam Ltd (BSNL) rose by 922,946 and 439,318, respectively.

Bharti Airtel shareholders to vote on July 31 on scheme of arrangement

As per a company notice to shareholders, there shall be no meeting requiring physical presence at a common venue in view of the present circumstances on account of the Covid-19 pandemic

Airtel Payments Bank rolls out 'Suraksha salary account' for MSMEs

Through this innovative account construct, MSMEs and other organisations will be able to make cashless payments and also provide a financial security blanket to their employees," the bank said.

DoT sets stage for spectrum auctions this year; MSTC selected as auctioneer

Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.

Bharti Infratel board may give nod to Indus Tower merger on Wednesday

The deal, which was signed in April 2018, is expected to come to fruition and once it is completed it will create one of world's biggest telecom tower companies.

MARKET WRAP: Sensex up 519 pts on broad-based buying, Nifty ends at 10,471

All that happened in the markets today

Airtel to pay May salaries of 30,000 staffers of retail, distribution firms

The company has, accordingly, urged the partners to pass the base monthly pay to all their staff for May

Explained: How Vodafone Idea can survive in the three-pronged battle

Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.

AGR case: SC orders telcos to file balance sheets of past 10 years

In its affidavit, Bharti Airtel on Thursday told the court it had paid a substantial part of its AGR dues, seeking 20 years to pay the rest.

5G rollout, bad optics: SC order on AGR dues to have a far reaching impact

Vodafone Idea (VIL) would be the worst-affected if the AGR outstanding cannot be staggered or waived, but Bharti Airtel would also be under pressure

Bharti Airtel seeks 20 years to pay remaining AGR dues, SC to hear in July

Bharti companies are 'not fly-by-night operators', company tells court about amount it has been asked to pay government

Will withdraw 96% of Rs 4 trn AGR-related dues against PSUs: Centre to SC

The bench asked the telecom companies to file their financial statements before it and fixed the matter for hearing in third week of July

AGR dues: Telcos to file financial statements before SC; hearing in July

DoT seeks time from SC to respond to telcos replies on payment of AGR related dues by them

Airtel acquires 10% stake in Mumbai-based edtech startup Lattu Media

Bharti Airtel - in a regulatory filing - said the acquisition of the equity shares of investee company is done at mutually agreed pre-money enterprise valuation