Page 3 - Sunil Mittal

Defining milestone: Sunil Mittal on African Union joining G20 as member

As the African Union joined the G20 on Saturday, Sunil Mittal, Founder and Chairman of Bharti Enterprises said the day will be remembered as a "defining milestone" towards charting more inclusive compositions across international organisations and their bodies. Mittal congratulated Prime Minister Narendra Modi "for successfully leading the inclusion of the African Union as a permanent member of the G20". "My hearty congratulations to PM Narendra Modi for successfully leading the inclusion of the African Union as a permanent member of the G20. As this announcement finds its way from New Delhi to the world, I am certain that this day will be remembered as a defining milestone towards charting more inclusive compositions across international organisations and their bodies," Mittal said in a statement. Mittal added he has personally witnessed the government's "uncompromising focus" on this inclusion through his engagement as Chair of the B20 Action Council on African Economic ...

Sunil Mittal's Airtel plans Uganda's biggest IPO to raise $216 million

The offer opens on Wednesday and closes on Oct. 13, according to a prospectus released in the capital, Kampala, on Tuesday. The company will start trading on the exchange on Oct. 31

ARPU: What is average revenue per user, and how is it calculated?

ARPU is an important indicator of a telecom company's business health. Here is what it means

I think animal spirits are already out in India Inc, says Sunil Mittal

'If you want to put out 5G fast, we need access to V and E bands'

Tim Cook, Sunil Mittal reaffirm commitment to work closely in India, Africa

Apple CEO Tim Cook met Bharti Group founder and chairman Sunil Mittal and both of them reaffirmed commitment to work more closely in the India and Africa market, Bharti Group said on Friday. Apple has opened its first two official stores in India during the week. "Tim Cook and Sunil Bharti Mittal had an hour-long meeting this morning. While expressing their satisfaction on the ongoing long relationship that Apple and Airtel have had, (they) reaffirmed their commitment to work more closely in the Indian and African market," Bharti Group said in a statement Apple has completed 25 years of operation in India. Cook on April 18 inaugurated the first Apple Store in Mumbai and second in Delhi on April 20.

Airtel eyes tariff hike mid-year; here's how telcos' Arpu stack up

Airtel reported an ARPU of Rs 193 in Q3, FY23 with the widening of its 4G customer base

Paytm advances 5% on report that Sunil Mittal is eyeing stake in company

Meanwhile, Ant Group Co. is considering selling some of its shares in the operator of Indian financial technology firm Paytm to keep its holding within a required threshold, the Bloomberg reported

Telecom tycoon Sunil Mittal seeking a stake in Paytm, says report

Indian telecommunications tycoon Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into the fintech giant's payments bank

India's billionaire club shrinks to 120, Gautam Adani tops rich list

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago

Airtel CEO Gopal Vittal elected deputy chair of GSMA for two years

Member companies selected 26 board members for 2023-24 which include senior executives from mobile operators

Can low earth orbit satellites roar? Mittal, Musk, Tatas putting in money

The size of the market will also depend on which customer segment the players are targeting

Spectrum auction to hurt India's satellite play, says Sunil Mittal

OneWeb is also in the process of getting regulatory approvals for a proposed merger with French satellite major Eutelsat Communications

Mittal family increases stake in Airtel, group arm to buy 3.3% from Singtel

Transaction to cost around Rs 12,900 crore; family currently owns 24.13% stake in Airtel

No fuss, no follow up: Sunil Mittal praises govt on spectrum allocation

Says this is a first in his over 30 years of first-hand experience with Department of Telecommunications

No fuss, no follow up: Mittal praises govt on quick spectrum allocation

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment. "Airtel paid Rs 8,312.4 crore towards spectrum dues and was provided the allocation letter for the designated frequency bands within hours. E band allocation was given along with spectrum as promised. No Fuss, No Follow Up, No running around the corridors and No tall claims. This is ease of doing business at work in its full glory," Mittal said in a statement. The Department of Telecom has received payment of around Rs 17,876 crore from service providers -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction. While all telecom operators have opted to make payments in 20 annual ...

India at 75: Munjals to Mahindras - 20 visionary industrialists of India

In the decades since Independence, the enterprises steered by these business leaders have morphed into giants. Here's a look at 20 visionary industrialists of India

Airtel chief Sunil Mittal's remuneration falls 5% to Rs 15.39 cr in FY22

Bharti Airtel chairman Mittal's remuneration fell nearly five per cent in the financial year 2021-22 to Rs 15.39 crore on lower perquisite value, according to the telecom company's annual report

Airtel to be at forefront of bringing 5G connectivity to India: Mittal

Bharti Airtel Chairman Sunil Mittal has said that the company will be at the forefront of bringing 5G connectivity to India with a powerful network to support the country's digital-first economy

Adani may join telecom spectrum race, compete with Reliance Jio, Airtel, Vi

The telecom department's upcoming auction includes the coveted 5G band needed for high-speed internet connectivity

How Airtel took a long call on profit by focusing on costs and customers

Airtel reported nearly a three-fold year-on-year increase in its net profit to Rs 2,008 crore in the fourth quarter of FY22