Page 54 - Bharti Airtel

Airtel's ARPU driven largely by minimum recharge, not 4G subscribers

The 10-per cent-plus jump in data subscriber base over the past three quarters has not translated into significant ARPU gains, say analysts

Airtel posts 19% jump in ARPU after removing low-paying users from network

Revenue was Rs 20,602 crore, up 6.2% from the same quarter in 2017-18

Airtel Africa plans to list on LSE, may use proceeds to cut $ 2-bn debt

The company is hoping to mop up $ 1 billion from the listing

Airtel Africa plans IPO to cut debt, eyes London stock market listing

Airtel Africa, which offers telecom services in 14 countries in Africa, plans to use the proceeds from issue of new shares to reduce debt

Bharti Airtel's Rs 24,939-crore rights issue fully subscribed

The bulk of the proceeds from the share issue will be used to repay debt and lower borrowing costs

Bharti Airtel says Rs 25,000 cr rights issue has been over-subscribed

The company had said the capital infusion will help it continue investments in future rollouts to build large network capacity and create content and technology partnerships

Airtel results signal Indian mobile sector rebound: Fitch Ratings

Bharti's ratings headroom is likely to improve with an equity infusion, planned asset sales and growing Earnings before Interest, Tax, Depreciation and Amortisation (EBITDA) from Africa

Bharti Airtel's ARPU rises 20%, Reliance Jio's slips 3% in March quarter

In the fourth quarter, Airtel's wireless business grew 4.1 per cent sequentially to Rs 10,632 crore

Bharti Airtel, Hughes Communications to combine their India VSAT operations

HCIL is a majority-owned subsidiary of broadband network and services provider Hughes Network Systems

Bharti Airtel net up 29%, closes gap with Reliance Jio in wireless segment

The high point in the third-largest telecom company's results was its domestic wireless numbers

Bharti Airtel plans to kick off IPO of $5-billion Africa phone unit

Airtel Africa is planning to make a formal announcement about the London listing this month and aims to start trading in June

TDSAT partially stays DoT's Rs 8,300 cr demand for Airtel-Tata Tele merger

The merger will bolster Airtel's spectrum pool with significant additional 178.5 MHz spectrum in 1800, 2100 and 850 MHz bands, widely used for 4G

Bharti Airtel's Africa unit reports net profit of $83 mn for March quarter

The profit this time was mainly on account of increase in users of its Airtel Money platform and more data consumption

Airtel's Rs 25,000-crore rights issue to open on May 3 and close on May 17

Last date for receiving request for split application form (is) May 10, 2019

Bharti Airtel gets Sebi's approval for Rs 25,000 crore rights issue

Sebi has given green signal to the rights issue of Bharti Airtel, the sources said

GIC to subscribe to Bharti Airtel rights issue of Rs 25,000 crore

Bharti Airtel's Board has additionally provided an in-principle approval to raise up to Rs 7,000 crore through foreign currency perpetual bonds

SingTel deserves tax refund for gifting Singapore govt a stake in Airtel

SingTel has been a big backer of Bharti founder Sunil Mittal, a former bicycle-parts trader who gained the most from the 1990s liberalisation of Indian telecom

Bharti Airtel to lower direct stake in Infratel from 50.33% to 18.3%

Airtel's unit Nettle Infrastructure Investments Ltd will buy an up to 32 per cent stake in Bharti Infratel by March 18

Bharti Airtel promoters, GIC to subscribe half of Rs 32K cr rights issue

The entire rights entitlement of promoter and promoter group of approximately Rs 16,785.7 crore will be subscribed by them and GIC," Bharti Airtel said in a statement Thursday

Singtel injects $525 mn in Airtel to help firm prop up balance sheet

Airtel plans to sell new shares worth Rs 250 billion for Rs 220 apiece, or a nearly 30% discount to its current stock price. It will raise another Rs 70 billion via foreign-currency denominated bonds