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Bharti Airtel News
Bharti Airtel drops 4% as Jio halves profit
Wed, Jan 25, 2017
India's largest private sector telecom company Bharti Airtel's shares dropped 3.87% on BSE Sensex during pre-opening trade on Wednesday. The shares were trading at Rs 304.10 per share, down Rs 12.25 after the company announced a 55% drop in its net profit for the quarter ended December 31, 2016.
War with Reliance Jio bites: Bharti Airtel's Q3 profit drops 55%
Tue, Jan 24, 2017
Gopal Vittal, MD and CEO, India & South Asia, said: “The quarter has seen turbulence due to the continued predatory pricing by a new operator."
What to expect from Airtel Q3 results today
Tue, Jan 24, 2017
The bigger picture on Reliance Jio’s full impact of attractive deals in the whole quarter from October to December will be unveiled on Tuesday with telecom major – Bharti Airtel’s third quarter results.
Accused of cartelisation, CCI sends notice to Airtel, Vodafone, Jio, Idea
Thu, Jan 19, 2017
CCI has sought clarification from these telecom companies by Friday January 20, 2017
RIL to fund Reliance Jio via equity offering worth Rs 30,000 crore
Mon, Jan 16, 2017
RIL said, "In view of the unprecedented customer response to Jio’s services as well as to address the anticipated growth in demand for digital services, additional investments are proposed to be made into the network to enhance its coverage and capacity."
Payments Bank launched; Airtel invests Rs 3000 crore
Thu, Jan 12, 2017
Sunil Bharti Mittal, Chairman, Bharti Enterprises said, “Just like mobile telephony leapfrogged traditional telecom networks to take affordable telecom services deep into the country, Airtel Payments Bank aims to take digital banking services to the un-banked over their mobile phones in a quick and efficient manner.”
FM Arun Jaitley set to launch Airtel's Payments Bank on January 12
Wed, Jan 11, 2017
Finance Minister Arun Jaitley is scheduled to launch Airtel's Payment Bank on Thursday, which has been running pilot services in four states. Airtel has sent out media invites "for the launch of Airtel Payments Bank India's first payments bank by Arun Jaitley" for January 12.
Airtel files affidavit in TDSAT against Trai
Wed, Jan 11, 2017
Next hearing regarding the matter will take place on February 1, 2017.
Trai seeks public view on net neutrality
Wed, Jan 04, 2017
"The Telecom Regulatory Authority of India (Trai) has today released a consultation paper on Net Neutrality (NN). The purpose of this second stage of consultation is to proceed towards the formulation of final views on policy or regulatory interventions, where required, on the subject of NN," Trai said.
Airtel offers 4G internet worth Rs 9000 free for a year
Tue, Jan 03, 2017
Bharti Airtel on Tuesday said that customers switching to Airtel 4G service will get free data worth Rs 9000 for a period of one year. The above offer is available to customers starting from January 04, 2017 and will close by end of February 2017.
Airtel launches 100Mbps V-Fiber broadband services in Mumbai
Wed, Dec 21, 2016
Bharti Airtel's superfast broadband service will be available for all its customers to try out in the city.
Bharti Airtel enters agreement to buy Orascom MENA stake
Tue, Dec 20, 2016
It said that it has entered into a definitive agreement with Orascom Telecom Media and Technology Holding S.A.E (Orascom) to acquire Orascom’s entire equity stake in Middle East North Africa Company Submarine Cable Systems S.A.E (MENA-SCS)
DoT issues demand-cum-show notices to 6 telcos for Rs 29,474 crore
Wed, Dec 14, 2016
"Department of Telecom has issued demand-cum-show cause notices to six private telecom companies on the basis of C&AG Report No 4 of 2016, for four financial years ie 2006-07 to 2009-10 for a total amount of Rs 29,474 crore on account of licence fee (LF)," Telecom Minister Manoj Sinha today said in a written reply to Lok Sabha.
Nearly 75% of net wireless subscriptions in September were for RJio
Mon, Dec 12, 2016
New entrant, Reliance Jio has been gaining many customers since its launch in September and has now topped the charts in the case of net additions to wireless subscriptions in that month.
Call drop way above benchmark; meet with telcos next week: TRAI
Thu, Dec 08, 2016
According to the current regulations, not more than five calls out of 1,000 can fail at PoIs.
Airtel launches free voice calling to anywhere in India
Thu, Dec 08, 2016
Bharti Airtel on Thursday launched two new calling schemes for its prepaid customers that provides them with free voice calling to anywhere in India.
Raghunath Mandava elevated to MD and CEO of Airtel Africa
Tue, Dec 06, 2016
Raghunath Mandava, who is currently the Chief Operating Officer - Airtel Africa, will take over as Managing Director and Chief Executive Officer – Airtel Africa with effect from January 1, 2017.
Bharti Airtel appoints Sunil Taldar as CEO & Director of DTH business
Mon, Dec 05, 2016
Sunil Taldar takes the reins from Shashi Arora who has moved to Airtel's Payment Bank as the MD & CEO.
Telecom wireless subscribers decline for second consecutive month in August
Thu, Dec 01, 2016
Wireless subscriber base has been declining from July onwards and rural subscriber base continues to decline for the third consecutive quarter.
Reliance Jio crosses 50 million subscriber mark in 83 days
Tue, Nov 29, 2016
Mukesh Ambani-promoted Reliance Jio (RJio) has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in the country.