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Bharti Airtel News
Airtel appeals ASCI to review order on fastest network ad
Tue, Apr 11, 2017
Upholding the complaint filed by rival Reliance Jio Infocom, ASCI said the Airtel TV commercial (TVC) was "misleading" and "contravened Chapters" of its Code as well as guidelines on disclaimers clauses.
Doubled mobile sites to 360,000 in two years, Bharti Airtel says
Thu, Apr 06, 2017
India’s telecom major, Bharti Airtel on Thursday said that it doubled its mobile network deployment over the past two years.
Bharti Airtel's promoter Indian Continent Investment pays Rs 2.17 lakh to settle case with Sebi
Wed, Apr 05, 2017
Bharti Airtel's promoter Indian Continent Investment had failed to make disclosure of its shareholding in the telecom company crossing 5% in April 2008, which prompted Sebi to initiate a probe and has now settled the case by paying Rs 2.17 lakh to Sebi.
Reliance Jio fastest download speed in February: TRAI
Tue, Apr 04, 2017
Days after Bharti Airtel was asked by Advertising Standards Council of India (ASCI) to take down its 'fastest network' advertising claim, newcomer Reliance Jio recorded highest download speed in February, data released by the telecom regulator showed here.
Domestic markets trade in green; two-wheeler, CV stocks in focus
Thu, Mar 30, 2017
Motilal Oswal said, "BS III vehicles ban led to correction in auto stocks. Industry has unsold BS-III vehicles inventory of 0.82-0.90 million units as of last week Highest impact of the ban would be felt by the CV segment as significant inventory was built up in anticipation of pre-buying
How many people have subscribed to Reliance Jio Prime Plan? Not many, reports claim
Wed, Mar 29, 2017
Reliance Jio may have garnered over 10 crore new paid subscribers on its platform but its Jio Prime membership for Rs 99 a year seems to find no takers. ET Now in a report said that Reliance Jio has managed to gather only 1.6 crore customers to opt for Jio Prime membership.
Bharti Airtel sells 10.3% of Bharti Infratel's stake for nearly Rs 6,200 crore
Tue, Mar 28, 2017
The company said it will primarily use the money from this sale to reduce its debt.
Subscriber base of 6 telcos rises 2.27 million in February
Fri, Mar 24, 2017
"...The number of mobile phone subscribers showed an increase to 817.42 million in February 2017. The net increase in subscriber base is 2.27 million in the month of February," the Cellular Operators Association of India said in a statement.
Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list
Tue, Mar 21, 2017
Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.
Markets continue to dislike Idea-Vodafone merger as shares fall for second consecutive day
Tue, Mar 21, 2017
Motilal Oswal, however, is confident that Idea will perform better. It said, "We upgrade Idea to Buy with a target price of Rs 120, implying 9x EV/EBITDA on FY19E for the combined entity. In our view, rich valuation is justified, as the expected recovery from FY19 could drive EBITDA CAGR (compound annual growth rate) of 18% over FY18-22."
Nettle Infra Investment to acquire stake in Bharti Infratel
Tue, Mar 21, 2017
On March 15, Airtel had said that its board of directors has decided not to monetise a controlling stake in Infratel for now. The board has decided to undertake a sale/transfer up to 40 crore Infratel equity shares owned by Bharti Airtel to Nettle.
Over 1 lakh SB accounts opened in TN: Airtel Payments Bank
Mon, Mar 13, 2017
"We are delighted to have taken formal banking services to these remote rural pockets of Tamil Nadu. We are fully committed to the vision of Digital India and financial inclusion," MD and CEO of Airtel Payments Bank, Shashi Arora said.
Idea Cellular to offer free incoming calls on domestic roaming
Sun, Mar 12, 2017
The facility of free incoming calls on domestic roaming will be extended to both prepaid and postpaid customers.
Netflix plays big on India, offers OTT via top d2h, mobile platforms
Mon, Mar 06, 2017
Coming soon on Netflix will be Marvel`s "Iron Fist" and new seasons of "Orange is the New Black" and "House of Cards".
Bharti Airtel's board approves acquisition of Telenor India; shares gain
Mon, Mar 06, 2017
As per the agreement, Bharti will acquire Telenor India's operations in seven circles, including the transfer of all assets (including spectrum) and customers. These seven circles are - Andhra Pradesh, Bihar, Maharashtra, Gujarat, Uttar Pradesh (East), UP (West) and Assam.
Telecom Commission worried over sector's health; cautions about loan defaults
Sun, Mar 05, 2017
The Commission was of the view that the said directions required promotional tariffs to have a 90-day limit and tariff of any other promotional nature could not be offered beyond that period.
Sensex crosses 29,000-mark, Tata Motors rise3%
Thu, Mar 02, 2017
Analysts at HDFC Securities said, "The markets are likely to open positive today, driven by positive domestic and global cues, following US President Donald Trump's Joint Congress address. Realty and Metal is expected to trade in positive zone, while Auto and Energy sectors are likely to trade in the negative zone."
Indian telcos to start adopting 5G this year: Huawei India CEO
Wed, Mar 01, 2017
Huawei India CEO Jay Chen said that a wide-scale commercial deployment of 5G is expected to start in India in the next three years.
Airtel confirms no more roaming charges; shares drop nearly 3%
Mon, Feb 27, 2017
Speculations over Bharti Airtel putting an end to roaming charges in the country was laid to rest on Monday as the company announced free incoming calls, SMSes and no premium on outgoing calls while roaming across India.
COAI executive committee to discuss telecom industry's financial fortunes
Sun, Feb 26, 2017
The executive committee meeting of the cellular operators association (COAI), scheduled for March 17, is likely to discuss the issue of the deteriorating financial health of the industry.