Page 57 - Bharti Airtel

Telecom shares in focus; Bharti Airtel shares rise 5%

Bharti Airtel shares were up 5% at Rs 425 per share, quoting higher for the seventh straight trading days on the BSE.

Airtel Q4 results: Challenging times ahead for Sunil Mittal-owned company

Bharti Airtel is investing over Rs 240 billion this financial year to upgrade its network (2G, 3G ) to 4g LTE as well as enable VOLTE which is trail stages in various metros

Airtel and Telkom Kenya said to seek merger to take on Safaricom

A merger of Telkom and Airtel will result in a new company with 77 megahertz of spectrum, compared with just 47 for Safaricom

Airtel to bring 300Mbps FTTH broadband plan with 1200 GB data: Details here

The new plan comes bundled with free subscription to Airtel's OTT apps, one-year free subscription of Amazon Prime Video services, 1,000 GB of additional month data and data rollover facility

Airtel reinstates Rs 649 plan; offers 50GB data, add-on SIM with free calls

The Airtel Rs 649 infinity plan comes bundled with free subscription to Airtel's music streaming service Wynk, Airtel TV, Amazon Prime Videos subscription and handset damage protection for a year

Bharti Airtel stock may have tumbled 27% this year but bulls still back it

Airtel has faced pressure from Reliance Jio Infocomm Ltd, which disrupted India's wireless industry in 2016 by launching free services

Bharti Airtel headed for first loss in 60 quarters on falling revenue

Falling tariffs in its India business, brought on by Reliance Jio's January offering, is the single biggest reason for the dismal show

Airtel offers free 30GB data to test 4G VoLTE services in select states

Airtel VoLTE beta programme is currently live in West Bengal, Odisha, Assam, Kerala, Bihar, Punjab and Andhra Pradesh circles only

Airtel stock: Valuations, ability to manage debt are investment arguments

Analysts at UBS said Airtel had defended its market share and had the spectrum, capacity and willingness to invest that hold the key to emerge as a winner once the dust settles

Bharti Airtel to raise Rs 165 bn to refinance debt and pay for spectrum

The board of Bharti Airtel has approved to raise about Rs 165 billion through a mix of issuing non-convertible debentures (NCDs) and foreign currency bonds that will be used for refinancing of existing debt and spectrum liabilities.As per a regulatory filing by the company, the board has approved "issuance of NCDs of upto Rs 10,000 crore (Rs 100 billion) on a private placement basis in such tranches/series and at such rates as may be approved from time to time on cumulative basis along with all NCDs issued by the company," the filing said.Also, it added foreign currency bonds upto a limit of USD 1 billion (about Rs 64.82 billion) will be issued in one or more tranches. The company, which is in close competition with latest entrant Reliance Jio, has a consolidated net debt to the tune of Rs 917.14 billion at the end of December 2017.The company said its earlier approval of shareholders' obtained for issuance of NCDs upto Rs 100 billion is valid for a period of one year till March 31, ..

Bharti Airtel plans to raise up to Rs 30 bn via non-convertible debentures

Besides this, board of directors of the company will meet on March 12 to consider fund raising opportunity for the company

Bharti Airtel explores options to list Africa arm on global exchange

With Africa turning profitable, Airtel is expecting a better valuation after listing

Bharti's holding company for Africa explores IPO in international exchange

Bharti Airtel operates in 14 African countries and all the operations are managed by Bharti Airtel International (Netherlands) BV (BAIN)

How Bharti Airtel is using content to improve stickiness and consumer spend

At a time when consumers are talking about jumping on to the 5G bandwagon, ensuring consumer satisfaction and unstinting loyalty to the brand are some challenges for mobile operators

Tanzania rules that Bharti Airtel operations were privatised illegally

Magufuli said in December that Airtel Tanzania is a government asset in remarks aired on the East African country's national broadcaster

Bharti Airtel: Consolidation gains key trigger

Despite a 39 per cent gain for the Bharti Airtel stock in two months, analysts believe it has more legs to run after the integration with Tata Teleservices, revival in Africa and cost control measures. The latest trigger has been ongoing consolidation in the industry, the latest being Reliance Communications' (RCom's) exit from consumer mobile telephony. The sector had 13 players in 2010 and is expected to be left with four over the next year and a half.Analysts believe Bharti is positioned to grab market share as smaller operators shut down. This includes the 70 million customers of RCom who have to port out by Sunday. Smaller operators had gross revenue market share of 14 per cent at the end of the first half of FY18. Bharti's subscriber and revenue market share at the end of September was 31.5 and 35.9 per cent, respectively, about 200 basis points lower on both parameters than the Vodafone-Idea combine. In the near term, operators will try to be aggressive to increase subscriber ..

Bharti Airtel says purchase of Tanzania unit stake had government approval

President John Magufuli said he received a report that the state-run Tanzania Telecommunications Company owned the local subsidiary of Airtel outright but had been cheated out of shares

Bharti Airtel to become number 2 telco in Rwanda with Tigo acquisition

According to Airtel, the existing customers of Tigo Rwanda will join Airtel's global network

Bharti Airtel gains on pact to serve 2100 North-East villages

In past three trading sessions, the stock has outperformed the market by gaining 11%, as compared to 2.5% rise in the S&P BSE Sensex.

Airtel to serve 2,100 N-E villages

Airtel would set up over 2,000 mobile towers/sites and deliver telecom connectivity to over 2,100 villages over the next 18 months