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Tuesday, April 07, 2020

bharti airtel

BHARTI AIRTEL NEWS

Major telcos cite industry health, seek data price floor for 2-3 years

March 06, 2020 12:55 am

The telcos told TRAI that while rationalisation of taxes will help the industry, it will not help them generate sufficient revenues and sustain operations in the long run.

Govt asks Airtel, Vodafone Idea, others to pay balance AGR dues without delay: Sources

March 04, 2020 9:16 pm

Sources privy to the development said that as the amount paid by telcos is based on their own self-assessment, the department has asked them to explain how they have arrived at the said calculation, and pay the balance amounts.

Bharti Airtel pays additional `8,004 cr, claims compliance with SC judgment

March 01, 2020 12:26 am

Sum includes `5,000 crore to cover any differences arising from reconciliation exercise.

AGR dues: Bharti Airtel pays additional Rs 8,004 crore, claims compliance with SC judgement

February 29, 2020 12:20 pm

The payment of Rs 8,004 crore is in addition to Rs 10,000 crore the company paid on February 17, 2020 in compliance to the Supreme Court judgement, it said in a regulatory filing.

Bharti Airtel has financial capacity to withstand $5 billion payout in statutory dues: Moody's

February 26, 2020 3:04 pm

Bharti Airtel recorded a Rs 35,300 crore (USD 5 billion) liability for past-due AGR fees associated with this litigation, but is still completing its self-assessment to determine the final amount, Moody's Investors Service said.

Bharti Infratel extends deadline for merger with Indus Towers by 2 months

February 24, 2020 6:12 pm

The delay in completion of the deal would come as a blow to Vodafone Idea which has to cough up Rs 53,000 crore in statutory dues to the government and was eyeing about Rs 5,500 crore from stake sale in Indus Towers.

AGR is unprecedented crisis for telecom sector, says Airtel's Sunil Mittal

February 20, 2020 7:37 pm

Mittal, who met Telecom Minister Ravi Shankar Prasad today, said his company is committed to complying with the Supreme court order over non-payment of adjusted gross revenue (AGR), and added that it will make the remaining payment soon.

Fitch Ratings takes Bharti Airtel off 'watch negative'; affirms BBB- rating

February 20, 2020 5:36 pm

Fitch Ratings said Bharti is poised to gain at least 30 million subscribers from Vodafone Idea in FY21.

Vodafone Idea shares extend gains, surge 19 per cent

February 20, 2020 4:43 pm

In terms of trade volumes, over 13.61 crore shares of Vodafone Idea were traded on the BSE during the day, while over 95.68 crore shares exchanged hands on NSE.

Best prepaid plans under Rs 400 from Jio, Airtel, Vodafone-Idea

February 21, 2020 8:01 am

Here is a list of the best prepaid recharge plans from Airtel, Vodafone and Reliance Jio that are priced under Rs 400 but offer validity up to 84 days. Check out full details here.