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Page 3 - Sunil Mittal

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

Mittal family increases stake in Airtel, group arm to buy 3.3% from Singtel
Updated On : 26 Aug 2022 | 12:13 AM IST

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: Sunil Mittal praises govt on spectrum allocation
Updated On : 19 Aug 2022 | 12:16 AM IST

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 ...

No fuss, no follow up: Mittal praises govt on quick spectrum allocation
Updated On : 18 Aug 2022 | 1:07 PM IST

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

India at 75: Munjals to Mahindras - 20 visionary industrialists of India
Updated On : 12 Aug 2022 | 11:50 AM IST

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 chief Sunil Mittal's remuneration falls 5% to Rs 15.39 cr in FY22
Updated On : 24 Jul 2022 | 10:04 PM IST

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

Airtel to be at forefront of bringing 5G connectivity to India: Mittal
Updated On : 23 Jul 2022 | 12:40 AM IST

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

Adani may join telecom spectrum race, compete with Reliance Jio, Airtel, Vi
Updated On : 09 Jul 2022 | 6:00 AM IST

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

How Airtel took a long call on profit by focusing on costs and customers
Updated On : 13 Jun 2022 | 6:03 AM IST

Mittals looking to raise $2 bn to buy portion of Singtel stake in Airtel

As per a media report, Mittals are in talks with some major banks like BNP Paribas, Bank of America, Citibank, JPMorgan, and Standard Chartered to raise over $2 billion

Mittals looking to raise $2 bn to buy portion of Singtel stake in Airtel
Updated On : 02 Jun 2022 | 12:44 PM IST

Singtel to sell 2%-4% stake in Bharti Airtel to Sunil Mittal family

Singtel's effective stake in Bharti Airtel is 31.7 per cent. It holds a 49.44 per cent stake in Mittal family owned firm Bharti Telecom

Singtel to sell 2%-4% stake in Bharti Airtel to Sunil Mittal family
Updated On : 26 May 2022 | 3:52 PM IST

Airtel 'very strong' and 'battle hardened' after crises: Sunil Mittal

Company's digital revenue should be more than a billion dollars in the next few years, says group chairman

Airtel 'very strong' and 'battle hardened' after crises: Sunil Mittal
Updated On : 13 May 2022 | 12:17 AM IST

Airtel fought difficult battles, emerged stronger: Sunil Mittal

"My professionals will not send me anything that will compromise the company's governance. I will never ask anything of them which will compromise our governance," Mittal said

Airtel fought difficult battles, emerged stronger: Sunil Mittal
Updated On : 13 Apr 2022 | 12:05 AM IST

Billions of people still not on internet; affordability key: Sunil Mittal

He was speaking at a panel discussion on technology cooperation in the fourth industrial revolution at the World Economic Forum's online Davos Agenda 2022 summit

Billions of people still not on internet; affordability key: Sunil Mittal
Updated On : 17 Jan 2022 | 8:15 PM IST

Diamonds in the dust: As we enter a new year, let's recall some positives

While some would just be happy that 2021 is coming to an end, T N Ninan lists six things - from sports to stock markets and entrepreneurial talent - that India could look to in the new year

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Updated On : 31 Dec 2021 | 10:40 PM IST

Regulatory regime needs to be simple to avoid new litigations: Sunil Mittal

Citing the reforms package announced by the government recently, Mittal said it was "lapped up" by the markets and stakeholders of the industry

Regulatory regime needs to be simple to avoid new litigations: Sunil Mittal
Updated On : 08 Dec 2021 | 2:46 PM IST

'We can't live like this' as pollution takes lives: Sunil Mittal

Speaking at the Bloomberg New Economy Forum in Singapore, Mittal said he would fly back to Delhi that is "covered in smog."

'We can't live like this' as pollution takes lives: Sunil Mittal
Updated On : 18 Nov 2021 | 2:06 AM IST

Delhi air pollution prompts Sunil Mittal to say: 'We can't live like this

"Remote work is the norm at the moment," Mittal said. "My own view is one year from now this poll would show a reduced percentage on remote work, and the green economy will get even more momentum."

Delhi air pollution prompts Sunil Mittal to say: 'We can't live like this
Updated On : 17 Nov 2021 | 10:55 AM IST

Starlink and OneWeb: Can satellite broadband bridge India's digital divide?

Satellite-based broadband connectivity promises to bridge India's digital divide. But can it deliver? What challenges does it face? Let's look at this new technology and understand and its pitfalls

Starlink and OneWeb: Can satellite broadband bridge India's digital divide?
Updated On : 09 Nov 2021 | 8:33 AM IST

Bharti Airtel opts for four-year moratorium on payment of AGR dues

It is learnt that the letter of acceptance was sent by the company to the department of telecommunications (DoT) last week

Bharti Airtel opts for four-year moratorium on payment of AGR dues
Updated On : 25 Oct 2021 | 10:41 PM IST

Bharti Group's OneWeb ties up with Isro to kick off India chapter

Mittal says OneWeb would be the first private player to launch satellites from India through Isro facilities

Bharti Group's OneWeb ties up with Isro to kick off India chapter
Updated On : 12 Oct 2021 | 12:35 AM IST