Our editorials and columns today largely revolve around the role of policy decisions, both in government and the private sector, and how they affect the real world
In a surprise move earlier this week, Sunil Bharti Mittal-led Airtel announced a partnership Musk-led SpaceX to offer the Starlink service in India
Airtel expanded 5G FWA to 2,000 cities, 70% of Jio's new subs in the category from rural India
Airtel share price, RIL share price: Ambiguity over regulatory clarity may keep upside in the stocks restricted, analysts cautioned
Elon Musk's SpaceX has entered into an agreement with telecom provider Airtel to introduce Starlink services in India. A day after Airtel, a deal was signed between Reliance's Jio Platforms and SpaceX
Shares of Reliance and Airtel are in focus amid the Starlink deal; while MTNL too was in limelight on land monetisation news. Here are the key levels to watch out on these 3 telecom stocks.
Satellite internet is seen as a game-changer by 91% of Indians, as Jio, Airtel, and SpaceX gear up to revolutionise digital access
By partnering with Starlink, Jio and Airtel aim to extend telecom services and reliable internet to India's under-served regions
Vaishnaw's remarks coincide with shifts in the Indian telecom industry, as Jio Platforms Ltd. and Bharti Airtel Ltd. have unexpectedly partnered with SpaceX to incorporate Starlink's services
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday. "The shareholding of 69.94 per cent, held by Bharti Airtel Limited in Airtel Payments Bank Limited, is being transferred to the Company's wholly-owned subsidiary (i.e. Airtel Limited), post receiving requisite regulatory and corporate approvals. The above is an internal reorganisation of shareholding in the Bank and has no impact on the ownership of the Bank," Bharti Airtel said in the filing. According to the filing, the requisite regulatory and corporate approvals with regard to the transaction have been received by the company. Airtel Payments had a turnover of Rs 1,835.8 crore in 2023-24. "The transfer of shareholding falls within the purview of related party transactions and shall be done at arm's length," the filing said.
Bharti Airtel rose as much as 3.37 per cent to hit an intraday high of Rs 1717.25 per share, while RIL share gained up to 1.13 per cent to hit an intraday high of Rs 1,261.55
Reliance Jio partners with SpaceX to bring Starlink internet to India, a day after rival Bharti Airtel signed a similar deal
The total telephone subscriber base in India grew marginally to 1,189.92 million in December 2024 with Jio adding the highest number of subscribers in both mobile and fixed-line segments, a Trai report released on Tuesday said. Total telephone subscribers stood at 1,187.15 million in November, according to the Telecom Regulatory Authority of India (Trai). Reliance Jio Infocomm was the frontrunner with 476.58 million subscribers, followed by Bharti Airtel (289.31 million), and Vodafone Idea (126.38 million). While urban telephone subscriptions rose from 659.87 million in November to 663.37 million in December, rural subscriptions fell from 527.27 million to 526.56 million during the same period. Wireless subscribers grew from 1,148.65 million in November 2024 to 1,150.66 million in December 2024, at a monthly growth rate of 0.17 per cent. Wireless teledensity increased to 81.67 per cent at the end of December, against 81.59 per cent at the end of November. Reliance Jio added 3,906
PM Modi arrived in Mauritius today for a two-day state visit. He will be the Chief Guest at Mauritius’ National Day celebrations on March 12.
This marks the first partnership of its kind in the country, pending regulatory approvals for SpaceX to operate Starlink in India.
The quarterly addition of 5G sites in India has dropped sharply, with Jio and Airtel slowing deployments due to reduced capex, impacting telecom infrastructure firms
Under the telecom law enacted in December 2023, satellite spectrum can be assigned administratively for a fee, whereas terrestrial spectrum is allocated through auctions
Stocks to watch today: SBI has reached a housing loan book of Rs 8 trillion and aims to grow its mortgage book to Rs 10 trillion by March 2027, according to its Chairman, C S Setty
Analysts collectively believe that consolidation is the only way forward for the DTH industry
This consolidation is set to benefit Airtel by expanding its broadband and entertainment business, integrating telecom, broadband, and DTH services into a unified offering