Bharti Airtel Q2 consol PAT jumps 10% to Rs 1,523 crore on robust data growth
Total revenue of the company rose 4.3 percent to Rs 23,836 crore for the reported period compared with Rs 22,845 crore last year The post Bharti Airtel Q2 consol PAT jumps 10% to Rs 1,523 crore on...
View ArticleCall drop compensation rules stay, Trai to hear out telcos
Trai will again conduct tests on new routes in seven cities, including Delhi and Mumbai, in December. The post Call drop compensation rules stay, Trai to hear out telcos appeared first on Firstpost.
View ArticleAirtel sets aside fresh capex of Rs 60,000 cr for network expansion over 3 years
Proposed investment of Rs 60,000 crore is over and above Rs 1,60,000 crore the company has already invested in its active and passive network, spectrum, fiber, submarine cables and systems till date...
View ArticleAirtel signs deal to sell two African operations to France’s Orange
As per the deal with Orange in July last year, Airtel was to sell 4 subsidiaries Burkina Faso, Chad, Congo Brazzaville and Sierra Leone, in Africa The post Airtel signs deal to sell two African...
View ArticleOYO Rooms names Dinesh R as chief human resource office
New Delhi - Online aggregator of budget hotels OYO Rooms has appointed Dinesh R chief human resources officer of the company. Prior to this, he was with beverages major Coca-Cola and Bharti Airtel. OYO...
View ArticleBharti Airtel Q3 net profit slumps over 22% to Rs 1,117 crore
Country's largest telecom operator Bharti Airtel today reported a 22.21 per cent fall in its net profit at Rs 1,117 crore for the three months to December 2015, hit by higher infrastructure and finance...
View ArticleBharti Airtel elevates Christian Defaria to executive chairman in African...
Bharti Airtel also appointed its director of Customer Experience (India and South Asia), Raghunath Mandava, as Chief Operating Officer of Airtel Africa The post Bharti Airtel elevates Christian Defaria...
View ArticleSensex climbs 74 points in early trade on positive Asian cues
Extending its climb for the fourth consecutive session, the benchmark Sensex advanced over 74 points in early trade today amid a firming trend at Asian bourses. The post Sensex climbs 74 points in...
View ArticleDelhi HC upholds TRAI orders; asks telecoms to compensate consumers for call...
The Delhi High Court today upheld TRAI's decision making it mandatory for cellular operators to compensate subscribers for call drops from January 1, 2016. The post Delhi HC upholds TRAI orders; asks...
View ArticleAirtel to buy Videocon’s spectrum in 6 circles for Rs 4,428 crore
Telecom major Bharti Airtel today said it will acquire Videocon Telecommunications's spectrum in six circles in the 1800 MHz Band for a consideration of Rs 4,428 crore. The post Airtel to buy...
View ArticleAirtel acquires 4G spectrum in 8 circles for Rs 3,500 cr
Bharti Airtel, country's largest telecom operator, today announced the acquisition of 20 MHz spectrum in 8 circles from Aircel for Rs 3,500 crore. The post Airtel acquires 4G spectrum in 8 circles for...
View ArticleBharti Airtel to acquire Aircel’s 4G spectrum in 8 circles for Rs 3,500 cr;...
The country’s telecom operators have a combined debt of more than Rs 3.5 lakh crore on annual revenues of more than Rs 2 lakh crore The post Bharti Airtel to acquire Aircel’s 4G spectrum in 8 circles...
View ArticleAirtel to start payments bank as M-commerce arm gets RBI licence
The payments bank shall confine its activities to acceptance of demand deposits, remittance services, Internet banking and other specified services The post Airtel to start payments bank as M-commerce...
View ArticleAirtel to sell 5% stake in Infratel for up to Rs 4,000 crore
Country's top operator Bharti Airtel is looking to sell 5 per cent stake in its tower unit Infratel through an open market trade deal to raise about Rs 3,500 crore to Rs 4,000 crore. The post Airtel to...
View ArticleAirtel jumps 3 percent after co says share buyback on table
Bharti Airtel's scrip today rose by 3 per cent after the company said its board will consider buyback of equity shares or a final dividend, or a combination of both, at its meeting on Wednesday. The...
View ArticleBharti Airtel’s Q4 net up 2.8%, 15 per cent rise in subscribers for mobile...
Bharti Airtel, headed by Indian billionaire Sunil Mittal, said total revenues rose 8.4 percent to 249.6 billion rupees. The post Bharti Airtel’s Q4 net up 2.8%, 15 per cent rise in subscribers for...
View ArticleSensex tanks 176 points as Mauritius tax treaty rattles investors
The Sensex retreated from a two-week high after falling 175.51 points to 25,597.02 as foreign funds cut down their exposure over fears that equity inflows would take a hit after India's move to impose...
View ArticleMobile cos on GSM platform add 44 lakh new customers to 77.41 cr in May
Vodafone followed Airtel in terms of net subscriber addition with 13.8 lakh new customers. Idea Cellular added 8.6 lakh new customers, Aircel 60,000, Telenor 6.3 lakh and state-run MTNL added 10,000...
View ArticleCong alleges Rs 45,000-cr telecom scam ahead of Parliament; govt trashes charges
DoT said the demands raised from this exercise will be recovered with due interest and penalty as applicable under license agreements The post Cong alleges Rs 45,000-cr telecom scam ahead of...
View ArticleDid Congress jump the gun while levelling ‘telecom scam’ charge against Modi...
The Congress seems to be batting on a sticky wicket when it comes to substantiating the allegations on the NDA government's involvement in a 'telecom scam.' The post Did Congress jump the gun while...
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