AIRTEL CEO
Ericsson's SE Asia, Oceania, India sales fall 44% YoY Ericsson's sales in the Southeast Asia, Oceania and India market area plunged to 7.7 billion crowns (₹6,116 crore approx) in Q2 2024, from 13.8 billion crowns (₹10,961 crore) in the year-ago period. Sequentially, the vendor's net sales in this regio...
12 Jul, 2024, 11.42 PM ISTHigh-speed WiFi expanded across 1,200 cities: Airtel CEO Gopal Vittal Bharti Airtel's CEO, Gopal Vittal, announced that the telecom company has significantly expanded its WiFi availability across India. Previously limited, Airtel's high-speed WiFi service is now accessible in over 1,200 cities nationwide.
11 Jul, 2024, 11.58 PM ISTVodafone UK may offer Rs 2,000 crore equity topup to Vi Vi may also make more substantial payments to Indus towards cutting its dues after the telco raises debt of ₹23,000-25,000 crore through term loans as planned, analysts added. After the recent sale of its 18% stake in Indus, UK's Vodafone holds 3.1%...
02 Jul, 2024, 06.23 AM IST- ADVERTISEMENT
Post tariff hikes: Users could spend Rs 47,500 crore more, trade up data plans The recent hefty tariff hikes by major Indian telecom companies, Reliance Jio and Bharti Airtel, are expected to significantly increase consumer spending on telecom services, potentially adding Rs 47,500 crore annually. These increases, aimed at boo...
29 Jun, 2024, 08.18 AM ISTBharti Airtel spends Rs 6,857 cr in 5G auction, secures spectrum for 20 years In the latest spectrum auction, Bharti Airtel secured 97 MHz of spectrum in key circles for 20 years at Rs 6,857 crore, including 15 MHz acquired by Bharti Hexacom for Rs 1,001 crore. This move bolsters Airtel's sub-giga hertz and mid-band holdings,...
26 Jun, 2024, 04.14 PM ISTOrient Electric appoints Ravindra Singh Negi as Managing Director and CEO Orient Electric, part of the $3 billion CK Birla Group, has appointed Ravindra Singh Negi as its managing director and CEO, effective May 31, 2024. Negi, with extensive experience in electrical consumer durables, will guide the company towards susta...
30 May, 2024, 07.44 PM ISTBharti names Sharat Sinha CEO of Airtel Business Bharti Airtel appoints Sharat Sinha as CEO of Airtel Business, effective June 3, 2024. Sinha, with extensive global experience from Checkpoint Software Technologies Ltd and other tech giants, aims to bolster Airtel's portfolio in connectivity and ad...
30 May, 2024, 02.38 PM ISTAirtel's $100b market capitalisation reflects a stable economy under a solid leader: Sunil Mittal Sunil Bharti Mittal, Chairman of Bharti Enterprises, emphasized that Airtel's resurgence post the challenges posed by Reliance Jio's entry and the AGR ruling showcased India's stable economy and supportive policies under strong leadership. Reflectin...
30 May, 2024, 09.37 AM ISTVodafone Idea may find it tough to raise tariffs after polls, say analysts Vodafone Idea faces challenges in increasing ARPU through tariff hikes post-election, as price-sensitive customers resist. 42% of Vi users may downgrade or close secondary SIMs due to upcoming higher tariffs. Vi seeks to upgrade 2G to 4G, double Ebi...
28 May, 2024, 06.11 PM ISTAnother Ambani vs Mittal battle? A look into Airtel's African empire Bharti Airtel's African venture has been a rollercoaster ride, starting with a bold move by chairman Sunil Mittal in 2008. Despite initial struggles, Airtel Africa has managed to establish a strong presence in 14 countries. Meanwhile, Mukesh Ambani'...
27 May, 2024, 02.30 PM ISTVodafone Idea’s AGR dues to plunge 46% if SC verdict on curative petition is favourable: Analysts Vodafone Idea's AGR dues may drop by 46% to Rs 38,400 crore with relief on curative petition, analysts say. Vi seeks waiver of penalty component in AGR demand. Payment reduction could provide cash flow relief, but challenges remain with significant ...
21 May, 2024, 12.44 AM ISTSignalling clarity on payment approach: Vi may give government more equity to clear its bills Vodafone Idea (Vi) CEO Akshaya Moondra discussed the telco's strategy to address government dues, including further conversions into equity and utilizing internal accruals. With obligations towards spectrum and AGR payments, Vi aims to leverage thes...
18 May, 2024, 05.00 AM ISTAirtel to deploy FWA on SA network, full scale impact likely in FY2Q: Gopal Vittal Bharti Airtel is deploying fixed wireless access (FWA) services in 25 cities. The full-scale impact is anticipated in the second quarter, crucial for 5G monetization and follows a standalone architecture approach like Reliance Jio.
16 May, 2024, 04.26 PM ISTFin inclusion, digital growth to drive payments bank momentum in India: Airtel Payments Bank CEO Airtel Payments Bank CEO Anubrata Biswas is optimistic about the growth prospects of payments banks in India, driven by financial inclusion initiatives and rapid digital growth. Airtel Payments Bank has seen significant growth in users, revenue, and...
02 May, 2024, 05.14 PM ISTTalk of the Tower: Airtel eyes Vodafone's 21.05% in Indus Airtel is the biggest shareholder in Indus, with 47.95%; Vodafone Group has 21.05% and 30.97% is with the public, according to the tower company's latest filing with the BSE. A buyout of the Vodafone stake will boost Airtel's shareholding to 69%. In...
24 Apr, 2024, 08.28 AM ISTBharti Airtel's merger deal with Dialog Axiata in Sri Lanka gets regulatory approval Under the definitive agreement signed by Dialog Axiata, Axiata Group Berhad, and Bharti Airtel, Dialog will acquire 100% of the issued shares in Airtel Lanka. In consideration of the acquisition, Dialog will issue ordinary voting shares amounting to...
18 Apr, 2024, 12.16 PM ISTBharti Airtel, Dialog & Axiata Group to merge operations in Sri Lanka Bharti Airtel has announced a merger with Dialog and Axiata Group in Sri Lanka. Under the agreement, Dialog will acquire all shares of Airtel Lanka, and in exchange, Bharti Airtel will receive ordinary voting shares equivalent to 10.355% of Dialog's...
18 Apr, 2024, 10.24 AM ISTFPO funds to take care of Vi’s capex needs for 3 years: Akshaya Moondra, CEO The balance sheet doesn’t pose any worries, with bank debt at less than Rs 4,500 crore, Moondra said, adding that the FPO will raise enough money to meet capital expenditure needs for three years, with 4G expansion the priority. This will help narro...
18 Apr, 2024, 08.20 AM ISTBharti Airtel hits 5.9 million 5G customers mark in TN Bharti Airtel deploys 5G in Tamil Nadu, serving 5.9 million users. The company prioritizes network infrastructure, ensuring consistent, reliable connectivity for customers embracing 5G technology.
16 Apr, 2024, 08.32 PM ISTElon Musk's Starlink one step away from getting greenlit in India with in-principle govt nod The Telecom Ministry has granted an in-principle approval to Elon Musk's Starlink for satellite communications services in India, ahead of Musk's visit to the country. The approval follows almost three-and-a-half years of deliberation and awaits fin...
16 Apr, 2024, 09.16 AM IST