Airtel tweaks post-paid offerings, to gradually phase out plans below Rs 499
The move is aimed at simplification of plans and would also help the company chase better realisation from mobile subscribers, improving the Average Revenue Per User (ARPU), according to a source.
May 14, 2019, 15:39 PM IST
Airtel Q4 net profit up 29% to Rs 107 crore on exceptional gain
The company -- whose profitability has been battered by intense price competition posed by richest Indian Mukesh Ambani's Reliance Jio -- earned a net profit of Rs 107.2 crore in January-March against Rs 82.9 crore it earned in the same period of the previous fiscal.
May 07, 2019, 09:31 AM IST
Voda Idea, Airtel, Jio pay spectrum dues of over 10,000 cr in April; RCom yet to pay
The payments are towards the latest installment in deferred spectrum liability for radiowaves bought in the past auctions.
Apr 11, 2019, 09:00 AM IST
Airtel sets April 24 as record date for Rs 25,000 cr rights issue
Airtel has announced rights issue to raise up to Rs 25,000 crore through issuance of fully paid up shares at a price of Rs 220 per share, and an additional Rs 7,000 crore via foreign currency perpetual bond issue.
Apr 11, 2019, 08:59 AM IST
Airtel gets Sebi nod for Rs 25,000 cr rights issue
The board of the company had approved the rights issue proposal in February.
Apr 09, 2019, 10:10 AM IST
Airtel transfers another 16.76% stake in Infratel to Nettle Infra
Airtel holds 53.51 per cent stake in Bharti Infratel.
Mar 20, 2019, 12:46 PM IST
Bharti Airtel to cut stake in Bharti Infratel
Market analysts said this transfer of shares would eventually lead to sale of the stake to a third party and help Bharti Airtel raise money.
Mar 12, 2019, 14:42 PM IST
Singtel, promoters, GIC commit to participate in Bharti Airtel Rs 32K cr fund raise
Singapore telecom major SingTel said it will infuse Rs 3,750 crore in Bharti Airtel by subscribing to the proposed Rs 25,000 crore rights issue of the company.
Mar 08, 2019, 10:39 AM IST
Bharti Airtel promoters, GIC to subscribe half of Rs 32K cr rights issue
GIC has confirmed to subscribe to this renounced entitlement on behalf of Government of Singapore and Monetary Authority of Singapore.
Mar 07, 2019, 15:45 PM IST
Bharti Airtel board approves Rs 32,000 crore fund raising plans via right issue, bond
Airtel's consolidated net debt stood at Rs 1.06 lakh crore as compared to Rs 1.13 lakh crore in the previous quarter.
Feb 28, 2019, 17:35 PM IST
Moody's downgrades Bharti Airtel credit rating to Ba1
Ratings range between Aaa, which means best, to lowest category C.
Feb 05, 2019, 12:46 PM IST
Airtel Africa appoints eight global Banks to work on IPO
Airtel Africa operates in 14 countries across Africa where it offers 2G, 3G and 4G mobile services and mobile commerce through 'Airtel Money'.
Nov 26, 2018, 12:05 PM IST
Telecom industry unsustainable, can't keep burning cash: Vodafone-Idea
Balesh Sharma said operating margins are on an upward trajectory now but declined to give a target.
Nov 23, 2018, 14:52 PM IST
Bharti Airtel completes tender offer to buyback $1.5 bn debt
Valid tenders were received with respect to USD 99,48,85,000 principal amount of the notes when the offer ended on November 21, the company said in a regulatory filing.
Nov 23, 2018, 14:49 PM IST
Telcos inform DoT on proof of concept sites for alternate digital KYC process
The Department of Telecom (DoT) has also issued the details of the procedure and modalities to be followed by telecom operators for issuing new mobile connections using the alternate digital KYC process.
Nov 08, 2018, 18:50 PM IST
Moody's places Bharti Airtel's rating on review for downgrade
'Baa3' is the lowest investment-grade bond ratings, and any downgrade would put the rating in speculative grade.
Nov 08, 2018, 18:40 PM IST
Airtel announces exclusive benefit; get Netflix subscription, access to ZEE5 and more
All these benefits will be digitally delivered through MyAirtel App, Airtel TV, and Wynk Music.
Oct 12, 2018, 15:54 PM IST
Received demand notices towards penalties for March quarter: Bharti Airtel
These penalties are on parameters such as accessibility of call centre, percentage of calls answered by the operators and metering and billing credibility, Airtel said in a regulatory filing.
Sep 12, 2018, 11:56 AM IST
Airtel and Zee Entertainment announce mega content alliance
Under this strategic partnership, Airtel and ZEEL will work closely to curate innovative and highly compelling digital/OTT video content solutions for customers across India.
Aug 20, 2018, 12:38 PM IST
Bharti Airtel Q1 net income plunges 73% to Rs 97 crore
The company had registered a net profit of Rs 367 crore in the same period a year ago.
Jul 26, 2018, 17:17 PM IST
