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Bharti Airtel Q2 net profit up 22% to Rs. 119 crore
Bharti Airtel reported a net profit of Rs 1.19 billion in the July-September 2018 quarter, up from Rs 970 million recorded in preceding quarter, aided by a one-time deferred tax…
Bharti Airtel to raise $1.25 bn in African unit
Bharti Airtel has announced that six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others have agreed to invest USD 1.25 billion through a primary equity…
UIDAI suspends Aadhaar based eKYC licence of Airtel
UIDAI suspends Aadhaar based eKYC licence of Airtel. In its strongest action yet, the UIDAI on 16th December has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based…
Bharti Airtel launches VoLTE services in Karnataka
Bharti Airtel (Airtel), on Thursday announced that it has expanded its VoLTE (Voice over LTE) footprint to Karnataka. Airtel VoLTE, which works over 4G, will enable customers across the two…
Tata Teleservices mobile customers to start transitioning to the Airtel network
Bharti Airtel (Airtel) and Tata Teleservices said that starting Wednesday, Tata Teleservices customers will start transitioning to the Airtel mobile network under an Intra Circle Roaming (ICR) arrangement. The first…
Airtel to Acquire Tata’s Mobile Business for Free
Tata on 12th October entered into a deal to merge consumer mobile businesses of Tata Teleservices and Tata Teleservices Maharashtra Limited with Bharti Airtel. The proposed merger will include the…
Airtel Launches 4G VoLTE Services in Mumbai
New Delhi/Mumbai, September 11, 2017: Bharti Airtel (“Airtel”), India’s largest telecommunications services provider, today announced the launch of its Voice over LTE (VoLTE) services in Mumbai. Airtel VoLTE, which works…
Mobile Subscriber Base in June 2017
India’s total telecom base (wired+wireless) jumped by 5.86 mn to cross 121 cr with teledensity of 93.98 in the month of Jun’17. Reliance Jio continues to attract more number of…
Airtel to sell 3.7% stake in Bharti Infratel
Bharti Airtel will sell 3.7% in its telecom tower business ( Bharti Infratel) to institutional investors. The share sale will happen at 0-5% discount to the last closing price (Rs398…
SingTel raises concerns over proposed Bharti Airtel-Tata deal
Bharti Airtel’s biggest investor Singaporean company SingTel has raised concerns over the proposed merger of the company’s telecom and direct-to-home (DTH) business with that of Tata Communications. SingTel, which effectively…