Bharti Telecom raises stake in Airtel to 40.33%
Bharti Telecom Ltd (BTL), the primary promoter of Bharti Airtel, has raised its stake in the telecom giant to 40.33% by acquiring an additional 1.2% from fellow promoter entity, Indian Continent Investment Ltd (ICIL), through an off-market transaction.
Sunil Mittal's Bharti Telecom to raise Rs 8,500 cr via domestic bond market: Report
Mumbai: Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise approximately Rs 8,500 crore (around $1.01 billion) in the domestic bond market, reported Bloomberg.
New Delhi: The Competition Commission of India (CCI) has approved Bharti Airtel's proposal to increase its stake in Indus Towers, following a buyback of shares by the telecom infrastructure company. Indus Towers, a passive telecom infrastructure provider, deploys, owns, and manages infrastructure for various mobile operators.
Airtel, Reliance Jio effect tariff hike from today, take a look at new plans
Mumbai/IBNS: Prepaid recharge plans in India are getting expensive as the hiked tariffs earlier announced by Reliance Jio and Bharti Airtel go live today, Wednesday (July 3).
After Reliance Jio, now Airtel hikes tariffs significantly
Mumbai/IBNS: In what would affect the customers' monthly budget, Bharti Airtel on Friday announced a significant hike in its tariffs following the footsteps of its competitor Reliance Jio.
Govt receives Rs 11,300 cr as 5G spectrum auction ends, Airtel emerges top bidder
New Delhi: The auction for 5G spectrum for mobile radio services concluded with telecom firms bidding around Rs 11,300 crore, reported The Economic Times on Wednesday.
Bharti Airtel acquires 97 MHz of spectrum across 3 frequency bands worth Rs 6,857 cr for 20 yrs
New Delhi: Telecom giant Bharti Airtel has acquired 97 MHz of spectrum in the 900 MHz, 1800 MHz, and 2100 MHz frequency bands at an auction on Wednesday, costing Rs 6,857 crore.
Mumbai: Sunil Bharti Mittal, who leads Bharti Airtel, has revealed that a meeting with Prime Minister Narendra Modi in September 2018 turned out to be a turning point for him at a time when his telecom company was in the midst of a severe crisis.
SEBI green lights Airtel subsidiary, Bharti Hexacom's IPO
Mumbai: Bharti Hexacom, a subsidiary of telecom giant Bharti Airtel, has been granted the green light by the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) intentions, media reported.
Bharti Airtel urges customers to switch to e-SIM
New Delhi: Telecom major Bharti Airtel in a customer letter on Tuesday underscored the advancements in mobile technology with embedded SIMs (e-SIMs) and encouraged Airtel users to make the switch to an e-SIM.
OneWeb India gets space regulator IN-SPACe's approval for commercial satellite broadband services
Mumbai: OneWeb India, backed by the Bharti Group, Tuesday announced that it has obtained the mandatory approvals from the Indian Space Promotion and Authorisation Centre (IN-SPACe) to start the deployment of Eutelsat OneWeb's commercial satellite broadband services in India.
Bharti Airtel Sept Qtr net profit falls 38% to Rs 1,340.7 cr
Mumbai: Bharti Airtel on Tuesday announced that its combined net earnings for the quarter concluding in September stood at Rs 1,340.7 crore, a decrease of 37.50 percent compared to Rs 2,145.2 crore in the same period the previous year.
New Delhi: Telecom major Bharti Airtel on Monday said that it has prepaid Rs. 8,024 crores to the Department of Telecom (Government of India) towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction of year 2015.
Airtel Business India’s first enterprise to connect over 20 million devices
New Delhi: Bharti Airtel its business-to-business (B2B) division has become the first ICT service provider in the country to connect over 20 million devices through its IoT solutions.
Bharti Airtel Q4FY23 net profit soars 50% YoY to Rs 3,006 cr; ARPU rises to Rs 193
Mumbai: Bharti Airtel, the second-largest telecommunications company in India, recorded a massive 50% increase in consolidated net profit to reach Rs 3,006 crore for the quarter ending in March 2023 compared to Rs 2,008 crore in the same period last year.