Page 23 - Bharti Airtel

Bharti Airtel to stay away from 5G auctions, as prices exorbitant: Vittal

"The 5G ecosystem is yet to develop here and the prices are very high and we can't afford them," Vittal said during the company's post earnings call

Data Protection Bill: Parl panel summons Jio, Airtel, Uber, Ola, Truecaller

The committee, chaired by BJP MP Meenakshi Lekhi, is examining the Personal Data Protection Bill 2019

Top headlines: Indian economy picks up in Sept, Tata aims for BigBasket

Bharti Airtel's CEO explained why the company would stay away from the 5G auctions

MARKET: Sensex tumbles 600 pts on surging Covid cases; Nifty ends at 11,730

All that happened in the markets today

Bharti Airtel rallies 10% on strong operational performance in Q2

Bharti Airtel's India business, monthly ARPU, an important matrix to gauge the telco's performance, rose to Rs 162 from Rs 128 a year ago and Rs 157 in the June 2020 quarter.

Bharti Airtel says it is planning to exit the Ghanaian telecom market

Airtel on Tuesday said it is planning to exit the Ghanaian telecom market. "Bharti Airtel in its board meeting held earlier today announced the approval of the board for concluding an arrangement with Government of Ghana wherein Government of Ghana will acquire 100 per cent shares of Airtel Ghana Ltd (AirtelTigo...) along with all customers, assets and agreed liabilities," the company said in a filing to NSE. The parties are in advanced stage of talks for conclusion of the commercial agreement for the transfer of AirtelTigo on a going concern basis to the Government of Ghana, it added. Accordingly, Airtel is voluntarily taking an impairment charge of Rs 184.1 crore, it said. AirtelTigo is a joint venture between Airtel and Millicom, wherein Airtel holds a non-controlling 49.95 per cent stake in AirtelTigo, it added.

Bharti Airtel losses narrow to Rs 763 cr in Sept quarter; revenue up 22%

Telecom operator Bharti Airtel on Tuesday reported substantial narrowing of losses for the second quarter ended September 2020 at Rs 763 crore

Bharti Airtel Q2 loss narrows down to Rs 763 cr; revenue up 22% YoY

The company had posted a loss of Rs 23,044.9 crore in the year-ago period

Sensex surges 377 pts as financial, FMCG stocks rally; Nifty ends at 11,889

All that happened in the markets today

Bharti Airtel Q2: Stable qtr in the offing; losses to contract, ARPU rise

Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to $88 million in the quarter ended September

Bharti Airtel enters cloud communications market, launches 'Airtel IQ'

The Indian cloud communications market, estimated at USD 1 billion, is seen growing nearly 20 per cent annually

Bharti Airtel a formidable No 2 in all pricing scenarios, say analysts

ARPU expansion, market share gains expected even if there is no tariff hike

Airtel Africa's profit falls 9% to $88 million on higher finance cost

In constant currency terms, Airtel Africa recorded a growth of 19.5 per cent to $472 million in operating profit on a constant currency basis

Airtel Africa Apr-Sept profit drops 37% to $145 mn, revenue up 10.7%

The company had posted a profit after tax of USD 228 million for the same period a year ago

Bernstein initiates coverage on Bharti Airtel with an 'outperform' rating

The brokerage notes that the pricing status quo is net positive for Jio and Bharti and negative for Vodafone Idea.

Bharti Airtel blames contentious privacy policy wording on clerical error

Bharti Airtel has said it does not collect any personal info pertaining to genetic data, religious or political beliefs and sexual orientation, as the telco drew flak over its privacy policy

Bharti Airtel hits seven-month low in a strong market; down 20% in 1 month

The board of Bharti Airtel is schedule to meet on October 27, 2020 to consider the audited financial results for the second quarter ended September 30, 2020

Active users' tally: Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip

Reliance Jio gained 2.5 million active subscribers in July, reversing the decline seen in the previous month

Nxtra Data shares issued to Carlyle affiliated entity post CCI nod: Airtel

On July 1, Airtel had announced that Carlyle Group will acquire about 25 per cent stake in its data centre business, Nxtra Data, for USD 235 million

Bharti Airtel ties up with global firms, kicks off ORAN tech plan

ORAN is based on open platforms rather than the traditional proprietary technology offered by incumbent gear makers