Page 58 - Bharti Airtel

Bharti Airtel buys strategic stake in e-publishing platform Juggernaut

The investment is in line with Airtel's endeavour to build an open content ecosystem and bring world-class digital content to its customers

Airtel, Idea, Vodafone add 4.74 mn subscribers in Oct

Indicating that worst might be over for the telecom industry, all the top three incumbent operators added around 4.74 million subscribers during October.Although Bharti Airtel have been adding customers regularly barring an odd month when the telco lost users, Vodafone and Idea Cellular have been losing subscribers for the past months leading their base to shrink a little. However, in October, Airtel added 3.14 million subscribers, followed by Vodafone which added 879,413 customers and Idea Cellular 713,408. "India's private telecom service providers have a total of 953.80 million subscribers. The data also includes the figures of Reliance Jio and MTNL by the end of August 2017 (Source: Trai)," industry body COAI said in its monthly report.The net additions for GSM operators for the month of October stood at 3.10 million as Aircel and Telenor lost 497,264 and 1.14 million subscribers respectively.The addition by incumbent operators is good news as the telcos managed to increase their .

Bharti Airtel adds 3.1 mn subscribers in Oct: COAI

Vodafone added 879,413 subscribers, whereas Aircel and Telenor lost 497,264 and 1.1 million subscribers in October

Bharti Airtel: In a nutshell

Over FY18-21, we expect Bharti Airtel to deliver India/consolidated Ebitda CAGRS of 18%/16%

Airtel best play on data boom: CLSA

Global brokerage CLSA on Friday upgraded Bharti Airtel terming it "best play on India mobile consolidation and data boom." The brokerage increased the price target on the stock to Rs 640, implying a 27.5 per cent upside over last closing price of Rs 502.CLSA is the second foreign brokerage after JP Morgan to have raised its price target of Bharti Airtel this week. On Wednesday, the US-based brokerage upgrade the stock to 'neutral' from 'underweight' has increased price target to Rs 500 from Rs 290."India's mobile consolidation and data boom have revived Bharti Airtel's growth. The industry leader should enjoy a 21per cent CAGR (compounded annual growth rate) in India mobile Ebitda (earnings before interest, tax, depreciation and amortization) over FY18-FY21, its domestic non-mobile businesses add scale, while Africa has turned profitable and free-cash flow positive," said CLSA analysts Deepti Chaturverdi and Akshat Agarwal in note.The Indian telecom space is witnessing consolidation ..

Airtel, Amdocs partner to introduce AI-based technologies in India

Our partnership with Airtel will be an innovation engine to the industry and drive our joint success: Amdocs

Airtel drops 4% on Qatar Foundation's $1.5-bn exit

Shares of the company declined as much as 6.7 per cent to Rs 480 during the day

Qatari investor selling $1.5 billion stake in Bharti Airtel, stock down 6%

Three Pillars Pte Ltd, an affiliate of the Qatar Foundation, has put up for sale through stock market transactions about 199.9 million shares in Bharti Airtel

Bharti Airtel trades lower after block deals

The Qatar Foundation Endowment is likely sell up to 199.9 million shares, comprising a 5% stake, in Bharti Airtel on Wednesday, report

Bharti Airtel up 4% after huge block deal

The stock was up 4% to Rs 565 on the BSE in early morning trade after about 185 million equity shares of the company changed hands on the counter

Bharti Airtel steps up FY18 investemnt to Rs 25,000 cr to expand 4G network

Launching its services just over a year ago Jio has disrupted the world's second-biggest wireless market by customers with its cut-price offerings

Airtel raises year's capex estimate to Rs 25,000 cr

Bharti Airtel, the country's largest telecom operator, has riased its estimate of capital expenditure for this financial year to Rs 25,000 crore, from the earlier Rs 20,000 crore. Nilanjan Roy, its global finance head, said as there was an explosion of data traffic in India, the company had decided it should hasten the rollout of fourth-generation (4G) technology, beside the building of additional capacity and fibre connectivity. "Consequently, our capex forecast for the year is up from the initial guidance (expectation). We believe advancement of future capex to provide best broadband data coverage will augment our growth and revenue market share ambition," he said during an investor call after announcing its quarterly results.He said a lot of the capex was going into investing in the radio networks, primarily 4G, in transmission and fibre backhaul.Analysts say despite a 76 per cent drop in net profit for the September quarter, the Sunil Bharti Mittal-led company has shown strong ...

Bharti Airtel shares at highest level in nearly a decade

Gains as much as 4.8% in intra-day trading to the highest since December 2007 as company exceeds Q2 net profit estimates

Airtel may sell controlling stake in Bharti Infratel

Airtel now holds, directly and through its subsidiary, an overall shareholding of 58 per cent in Bharti Infratel

Airtel alone gains customers in Sept among old telcos, reveals COAI data

With the telecom industry stabilising after the disruption caused by Reliance Jio, customer attrition from incumbent operators has been slowing. Bharti Airtel, the largest, rebounded with subscriber additions in September, indicating the worst might be over. Data from the Cellular Operators Association of India (COAI) showed Airtel added a little over a million customers in September, taking its user base to 282 mn, a market share of 29.8 per cent. It got more in most of the circles, leading with Mumbai where it added 360,000, a growth rate of 5.5 per cent. The company's user base grew 0.36 per cent nationally as compared to August, when it lost about 200,000, a first for the company which continued adding customers since Jio's launch.The situation at the other two major incumbents also improved. In September, Idea's subscriber base dropped by 900,000, much lower as compared to August, when it lost close to 2.8 mn customers. Similarly, the customer drop for Vodafone was down to ...

Bharti Airtel added 1 mn users in September; Idea, Vodafone biggest losers

Aircel lost 394,209 mobile subscribers in September, and its total mobile subscriber base shrank to 88.8 million

Bharti Airtel set to join Rs 2-lakh cr market-cap club after a 10-year gap

Bharti Airtel, the telecom services provider, with the m-cap of Rs 198,650 crore is at number 12th position in overall m-cap ranking, the BSE data shows

Why the Street is bullish on Bharti Airtel

The company has been improving its position, by acquisitions and shoring up its 4G network, as well as by strengthening infrastructure and reach

Bharti Airtel shares continue to move up, jump over 5%

On NSE, shares of the company climbed 5.19 per cent to close at Rs 453.30

Bharti Airtel hits two-year high; stock up 16% in one week

Moody's Investors Service says that Bharti's acquisition of Tata's consumer telecom business is credit positive.