With the telecom industry stabilising after the disruption caused by Reliance Jio, customer attrition from incumbent operators has been slowing. Bharti Airtel, the largest, rebounded with subscriber additions in September, indicating the worst might be over. Data from the Cellular Operators Association of India (COAI) showed Airtel added a little over a million customers in September, taking its user base to 282 mn, a market share of 29.8 per cent. It got more in most of the circles, leading with Mumbai where it added 360,000, a growth rate of 5.5 per cent. The company's user base grew 0.36 per cent nationally as compared to August, when it lost about 200,000, a first for the company which continued adding customers since Jio's launch.The situation at the other two major incumbents also improved. In September, Idea's subscriber base dropped by 900,000, much lower as compared to August, when it lost close to 2.8 mn customers. Similarly, the customer drop for Vodafone was down to ...
Aircel lost 394,209 mobile subscribers in September, and its total mobile subscriber base shrank to 88.8 million
Bharti Airtel, the telecom services provider, with the m-cap of Rs 198,650 crore is at number 12th position in overall m-cap ranking, the BSE data shows
The company has been improving its position, by acquisitions and shoring up its 4G network, as well as by strengthening infrastructure and reach
On NSE, shares of the company climbed 5.19 per cent to close at Rs 453.30
Moody's Investors Service says that Bharti's acquisition of Tata's consumer telecom business is credit positive.
Bharti Airtel tops the 4G LTE download speed with an average speed of 9.15 Mbps. It was closely followed by Vodafone and Idea with scores of 7.45 Mbps and 7.4 Mbps, respectively
The sharp drop in the IUC rate will only help transfer part of its cost to other operators, thereby further worsening the financial health of the industry,
Recently, Jio announced a 4G-enabled feature phone with smartphone like capabilities
Bharti Airtel and Nettle jointly hold 61.65 per cent in Bharti Infratel
Airtel is reportedly weighing the sale to cut its net debt
3G network in India would shut down faster than other countries due to good 4G ecosystem: Airtel CEO
Shares of the company opened at Rs 428.50 and touched a high and low of Rs 430 and Rs 421.65.
Profit at Rs 367 cr; revenue falls 14% to Rs 21,958 cr as data and voice rates tumble
The telecom major said it deployed over 72,000 network base stations in 2016-17
The telco had recently launched Airtel Payments Bank and it also has an online wallet-Airtel Money
Many customers posted messages over non- availability of mobile network on social media platforms
The stock was up 2.4% to Rs 386, extending its 3% gain in past two trading sessions on the BSE.
As it looks to take on Reliance Jio, country's top mobile operator Bharti Airtel, which is currently undergoing trials for voice over LTE (VoLTE) in some cities including Mumbai, plans to launch commercial services in the next quarter.Although Airtel has not shared an exact timeline but people aware of the plans said the Sunil Bharti Mittal-owned firm is likely to launch VoLTE services in next quarter. Also, Airtel's 4G footprint will cover all the towns and cities by end of 2017 financial year. The company has already launched 4G services in all the 22 telecom circles but a few cities and towns in the circles are currently not getting the latest technology but the company is upgrading its network to cover most of the country by end of FY 2017.When asked for a comment, an Airtel spokesperson said, "We are piloting/testing VoLTE in a few places but there are no launch timelines that we can share at this point."During an investor call on Q4 results, Bharti Airtel CEO Gopal Vittal had ...
So far, 81,000 exchanged hands on the counter against its two-week average of 3.91 lakh shares