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Board approval: Airtel to sell 32 per cent stake in Infratel
On Thursday, Bharti Airtel shares fell around 2 per cent to close at Rs 316.15 on BSE.
For downgrade: Moody’s puts Bharti Airtel rating on review
The ratings agency said in a statement that the review will focus on the company’s commitments and plans to substantially reduce debt levels significantly over a short period of time; and plans to turn around the underlying Indian mobile operations.
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Four charts that show how Reliance Jio has shaken up India's telecom industry
Since Jio stormed in with introductory free data and voice services, the market has consolidated into three big providers, including Vodafone Idea Ltd., which completed its merger at the end of August.
‘Stake sale in DTH arm: Bharti Airtel gets govt’s FDI approval’
The transaction will see Bharti Airtel sell 15 per cent stake in Bharti Telemedia, while the rest 5 per cent will come from another Bharti entity.
Telecom dept allows use of e-SIMs, issues guidelines
On May 11, Reliance Jio had filed a complaint with DoT saying that Bharti Airtel had violated UL conditions by not setting up domestically the network-related infrastructure for e-SIM facility that allows pairing of the Apple Watch with the iPhone.
DoT approves Airtel-Telenor India merger
As ordered by the Telecom Disputes Settlement and Appellate Tribunal and the SC the approval was granted without Bharti having to pay Rs 1,500 crore towards the one-time spectrum charge (OTSC) levied by the DoT.
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Apple Watch: Bharti Airtel denies Reliance Jio claims that it is violating licence rules
An Airtel spokesperson said all information relating to customers, network nodes, etc is hosted in a fully secure manner by Bharti along with provision for lawful interception.
Telcos' revenue dip 8.6 per cent to Rs 2.55 lakh crore; govt collections from licence fee plunges
The adjusted gross revenue (AGR) earned by service providers from sale of telecom services, declined by 18.87 per cent to Rs 1.6 lakh crore at the end of 2017 from Rs 1.98 lakh crore at the end of 2016, as per data published by Trai.
Hurt by tariff war, Bharti Airtel Q4 net profit tumbles 78% to Rs 83 crore
Bharti Airtel's total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18 compared to Rs 21,935 crore in the corresponding period last fiscal, according to a company statement.
Kotak Institutional Equities suspends ratings of Airtel
The Economic Survey of 2017-18 also underscored the stress period in telecom sector due to growing losses, debt pile, price war, reduced revenue and irrational spectrum costs.
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