Bharti Airtel's Q2 profit surges 3-fold to ₹3,593 cr on strong growth in India, Africa
The company’s Q2 performance was supported by tariff hikes, enhanced ARPU, and ongoing customer shifts from 2G to 4G.
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October 2024
September 2024
August 2024
Elon Musk says will do his best to serve Indians with Starlink
Reliance and Airtel proposed satellite spectrum allocation through auctions.
Big boost to Elon Musk’s Starlink as India opts for spectrum allotment
Sunil Bharti Mittal-led Airtel and Reliance had lobbied for auction of satellite spectrum.
India’s 5G subscriber base crosses 180 mn: Survey
The survey states that 54% of participants have transitioned to 5G and among these 60% of respondents found that 5G data speeds are faster
Bharti Airtel prepays spectrum dues worth ₹8,465 cr
Spectrum was acquired in 2016 and these liabilities carried an interest rate of 9.3%, says Airtel
Bharti Hexacom gets rating upgrade from Jefferies; stock surges 155% in 5 months
The telecom stock rallied 13% today to hit a fresh record high of ₹1,454; shares are up 155% against its IPO issue price of ₹570 apiece.
Airtel expands home Wi-Fi across J&K, Leh-Ladakh; stock hits 52-week high
Airtel expands its home Wi-Fi services across all 22 districts of Jammu and Kashmir, and Leh-Ladakh
'83% downside': Goldman Sachs turns bearish on Vi amid unclear market share recovery
Vi’s recent capital raise, while incrementally positive, is unlikely to be adequate to stop the company’s market share erosion, says Goldman Sachs.
Indus Tower becomes Airtel subsidiary after buyback; telco share hits 52-week high
The buyback committee on Aug 27 approved the basis of acceptance of 5.67 cr shares of the face value of ₹10/- each; with this, Airtel’s shareholding in Indus has risen to over 50%
Bharti Airtel parent to acquire 24.5% stake in British telco BT group
The shares will be acquired through Bharti Televentures UK. The firm will first purchase a 9.99% stake in BT Group, with the remaining 14.51% to follow upon receiving regulatory approvals.
