Page 89 - Bharti Airtel

Bharti Airtel, Bharti Enterprises infuse Rs 325 cr in payments bank

The fund infusion from Bharti Airtel stood at Rs 260 crore, and that from Bharti Enterprises at Rs 65 crore in the form of preference shares, according to the details of the filing

Bharti Airtel completes merger of Tata Tele's consumer mobile businesses

Experts believe the move will lead to better network utilization, as spectrum will now be with Bharti Airtel along with enhanced customer base

Bharti Airtel shuts 3G service in Kolkata, asks customers to get 4G

In Kolkata, Airtel will use 900 Mhz frequency band for 4G service which was earlier being used for 3G

Bharti Airtel will pay Tanzania $26.2 million to settle ownership row

The company will pay to the government 1 billion shillings every month for sixty months starting April 2019, Chairman Sunil Mittal said at a briefing in Tanzania's commercial hub, Dar es Salaam

Bharti Airtel stock unlikely to dial in gains despite reduction in debt

Despite reduction in debt, muted revenue outlook and subscriber losses remain interim challenges

Bharti Airtel's African arm to raise at least $750 million through IPO

The IPO is expected to be listed on the London Stock Exchange and the Nigeria Stock Exchange this calendar year

Airtel's ARPU driven largely by minimum recharge, not 4G subscribers

The 10-per cent-plus jump in data subscriber base over the past three quarters has not translated into significant ARPU gains, say analysts

Airtel posts 19% jump in ARPU after removing low-paying users from network

Revenue was Rs 20,602 crore, up 6.2% from the same quarter in 2017-18

Airtel Africa plans to list on LSE, may use proceeds to cut $ 2-bn debt

The company is hoping to mop up $ 1 billion from the listing

Airtel Africa plans IPO to cut debt, eyes London stock market listing

Airtel Africa, which offers telecom services in 14 countries in Africa, plans to use the proceeds from issue of new shares to reduce debt

Bharti Airtel's Rs 24,939-crore rights issue fully subscribed

The bulk of the proceeds from the share issue will be used to repay debt and lower borrowing costs

Bharti Airtel says Rs 25,000 cr rights issue has been over-subscribed

The company had said the capital infusion will help it continue investments in future rollouts to build large network capacity and create content and technology partnerships

Airtel results signal Indian mobile sector rebound: Fitch Ratings

Bharti's ratings headroom is likely to improve with an equity infusion, planned asset sales and growing Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) from Africa

Bharti Airtel's ARPU rises 20%, Reliance Jio's slips 3% in March quarter

In the fourth quarter, Airtel's wireless business grew 4.1 per cent sequentially to Rs 10,632 crore

Bharti Airtel, Hughes Communications to combine their India VSAT operations

HCIL is a majority-owned subsidiary of broadband network and services provider Hughes Network Systems

Bharti Airtel net up 29%, closes gap with Reliance Jio in wireless segment

The high point in the third-largest telecom company's results was its domestic wireless numbers

Bharti Airtel plans to kick off IPO of $5-billion Africa phone unit

Airtel Africa is planning to make a formal announcement about the London listing this month and aims to start trading in June

TDSAT partially stays DoT's Rs 8,300 cr demand for Airtel-Tata Tele merger

The merger will bolster Airtel's spectrum pool with significant additional 178.5 MHz spectrum in 1800, 2100 and 850 MHz bands, widely used for 4G

Bharti Airtel's Africa unit reports net profit of $83 mn for March quarter

The profit this time was mainly on account of increase in users of its Airtel Money platform and more data consumption

Airtel's Rs 25,000-crore rights issue to open on May 3 and close on May 17

Last date for receiving request for split application form (is) May 10, 2019