Bharti Airtel

Continuous improvement in operational profile, financials triggers upgrade, says the ratings agency

Singtel's effective stake in Bharti Airtel is 31.7 per cent. It holds a 49.44 per cent stake in Mittal family owned firm Bharti Telecom

Research analysts at BofA were of the view that Vodafone Idea (VIL)management has focused on top core circles and the company may selectively bid in their core 3G and 4G circles

But more gains are crucial to telecom industry given investment plans and elevated debt levels

In the past one week, Airtel has underperformed the market by falling 4 per cent, as compared to 0.28 per cent rise in the Sensex.

Bharti Airtel's India MD and CEO, during an investor call, said that the company was able to gain 4G customers even as the shortage of electronic chips led to an increase in the prices of smartphones

CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE

Stocks to watch today: At 7:26 am, the SGX Nifty futures were quoting 16,223 levels, signaling 30-40 point loss for the 50-packed index.

Consolidated revenue rises 22.3% YoY to Rs 31,500 crore, ARPU up 9.2% sequentially and over 22% YoY to Rs 178

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Consolidated revenue from operations rose 22% to Rs 31,500 crore in Q4FY22

CLOSING BELL: Shares of Life Insurance Corporation of India (LIC) listed at Rs 867.20 on the BSE, a 8.6 per cent discount when compared with its issue price of Rs 949 per share

Airtel is looking to hire across multiple experience and domains Big Data, Machine Learning, Dev Ops, Tech ops, etc

Company's digital revenue should be more than a billion dollars in the next few years, says group chairman

Net subscriber addition by Bharti Airtel and Reliance Jio increased the overall telecom user base to over 116.69 crore in March 2022, telecom regulator Trai said in its monthly report on Thursday. Bharti Airtel and Reliance Jio led new customer additions in both mobile telephony as well as fixed line services segment in March. "The number of telephone subscribers in India increased from 1,166.05 million at the end of February 2022 to 1,166.93 million at the end of March 2022," Trai's subscriber report for March said. The Telecom Regulatory Authority of India (Trai) report said that the urban telephone subscription decreased to 64.71 crore from 64.77 crore and the rural subscription increased to 51.98 crore from 51.82 crore between March and February. According to the report, the total number of wireless subscribers increased to 114.2 crore in March from 114.15 crore in February. Bharti Airtel and Reliance Jio were the only gainers of new mobile subscribers in March. Airtel's net .

From the industry's perspective, the average revenue per user (ARPU) per month has been dropping annually, though things have been different after telcos raised tariffs

Airtel urged the government not to charge high fees for allotting 5G spectrum, saying a faster roll out of the next-generation telecommunication network can have more benefits than collecting revenue

CLOSING BELL: Ultratech Cement, RIL, Maruti Suzuki, Asian Paints, Bharti Airtel, and TCS were the top Sensex gainers

The BSE Telecom index is likely to gain up to 3.50 per cent, as the index firmly holds the support around the 100-DMA, shows chart.

The company has also introduced monthly plans for JioFiber postpaid customers and given an option to subscribers of low-value plans to pay Rs 100 for availing access to six entertainment apps