Bharti Infratel

Bharti Airtel sells stake in tower biz for Rs 3,325 crore to trim debt

Bharti Airtel sells stake in tower biz for Rs 3,325 crore to trim debt

The secondary share sale was executed at Rs 400.6 per share, representing 3.6 percent discount to the previous day's closing price, Airtel said in a statement.

Nov 14, 2017, 18:06 PM IST
Airtel sells 6.7 crore Bharti Infratel shares for Rs 2,570 crore

Airtel sells 6.7 crore Bharti Infratel shares for Rs 2,570 crore

Bharti Airtel via its wholly owned subsidiary Nettle Infrastructure Investments divested 67.53 million shares of its subsidiary Bharti Infratel through a secondary share sale in the stock market.

Aug 08, 2017, 13:16 PM IST
Airtel plans to sell 3.7% stake in Bharti Infra for Rs 2500 crore

Airtel plans to sell 3.7% stake in Bharti Infra for Rs 2500 crore

Bharti Airtel's consolidated net debt at the end of June 2017 was Rs 87,840 crore.

Aug 07, 2017, 20:52 PM IST
 'Mobile tower companies to pass on 18% tax to telcos under GST'

'Mobile tower companies to pass on 18% tax to telcos under GST'

Phone bills may get coslier soon as mobile telecom companies are prepared to pass on their 18 percent tax burdenproposed under the Goods and Services Tax (GST) regime.

May 23, 2017, 00:05 AM IST
Jio woes:Airtel revenue to drop another 2-5% in FY18, says S&P

Jio woes:Airtel revenue to drop another 2-5% in FY18, says S&P

Bharti Airtel will see another 2 -5 percent fall in revenue this fiscal before returning to growth in the following year, as stiff market competition keeps pricing under pressure, S&P Global Ratings said on Friday.

May 12, 2017, 17:22 PM IST
Airtel offloads 10.3% in Bharti Infratel to KKR, CPPIB

Airtel offloads 10.3% in Bharti Infratel to KKR, CPPIB

Telecom operator Bharti Airtel has sold 10.3 percent stake in its mobile tower arm Bharti Infratel to a consortium of KKR and Canada Pension Plan Investment Board for Rs 6,193.9 crore.

Mar 28, 2017, 11:10 AM IST
Bharti Airtel to sell more than 5% stake in Bharti Infratel

Bharti Airtel to sell more than 5% stake in Bharti Infratel

Telecom operator Bharti Airtel will sell more than 5 percent stake in its tower arm Bharti Infratel through an open market block deal, as per media report.

Apr 20, 2016, 16:19 PM IST

Bharti Infratel Q2 net up 25%

It reported a total revenue of Rs.2,930 crore for the corresponding period last year.

Oct 23, 2015, 15:32 PM IST

Bharti Infratel Q2 net up 25%

It reported a total revenue of Rs.2,930 crore for the corresponding period last year.

Oct 23, 2015, 15:32 PM IST

Bharti Infratel shares up nearly 3% on MSCI index inclusion

Bharti Infratel informed BSE on May 14 that the company has been included in the list of stocks in MSCI Global Standard Index.

May 19, 2015, 18:54 PM IST

Bharti Infratel shares up 6% as Q4 profit rises

Shares of Bharti Airtel's tower unit Bharti Infratel Monday surged 6 percent after the company reported 18 percent jump in consolidated net profit for the quarter ended March 31.

Apr 27, 2015, 20:55 PM IST

Bharti Infratel Q4 profit rises 18% to Rs 558 cr

Bharti Airtel's tower unit Bharti Infratel on Monday reported 18 per cent jump in its consolidated net profit at Rs 558 crore for the quarter ended March 31.

Apr 27, 2015, 12:39 PM IST

Bharti Airtel partners Amazon for cloud services

Telecom major Bharti Airtel today announced partnership with Amazon Web Services to offer its cloud computing services to customers in India.

Mar 22, 2015, 18:43 PM IST

Bharti Airtel raises Rs 1,925 cr from stake sale in tower unit

Telecom operator Bharti Airtel has raised Rs 1,925 crore (about USD 310 million) by selling nearly 3 percent stake in its tower unit - Bharti Infratel.

Feb 26, 2015, 17:25 PM IST

Airtel may raise over Rs 2,600 cr by selling Infratel shares

Country's largest telecom operator Bharti Airtel will Thursday sell up to 72.5 million shares of its tower unit Bharti Infratel through which it could raise over Rs 2,600 crore.

Feb 25, 2015, 22:04 PM IST

Bharti Infratel consolidated Q3 profit rises 23% to Rs 507 crore

Bharti Airtel's tower unit Bharti Infratel on Tuesday reported a 23 percent jump in consolidated net profit at Rs 507 crore for the quarter ended December 31, 2014, riding on the back of operators' focus on fast roll-out of data networks.

Feb 03, 2015, 18:08 PM IST

Bharti Infratel seeks to buy Voda, Idea towers in 7 circles

Mobile tower company Bharti Infratel has approached Vodafone and Idea Cellular to buy their mobile towers in seven out of 22 telecom circles in the country, a top official of the company said.

Nov 12, 2014, 16:00 PM IST

Airtel to sell up to 8.5 cr Infratel shares on bourses on Thursday

Airtel also announced the floor price at Rs 250 per share, a 7.7 percent discount to its last traded price.

Aug 06, 2014, 22:33 PM IST

Bharti Infratel posts 29% jump in Q1 profit at Rs 462.8 crore

Telecom infrastructure company Bharti Infratel today reported 29.4 percent jump in net profit to Rs 462.8 crore for the April-June quarter of 2014-15 and it will invest Rs 1,345.7 crore in capital expenditure by the end of this fiscal.

Jul 25, 2014, 00:28 AM IST

Bharti Infratel Q4 net profit jumps 64% to Rs 472 cr

The revenues of the company grew 4 percent to Rs 2,790 crore for the reported period as compared to Rs 2,674 crore in the same period last year.

Apr 24, 2014, 11:34 AM IST