Airtel pays Rs 8,312.4 cr to DoT to clear 4-yr instalment in advance for 5G spectrum
2 years, 7 months ago

Airtel pays Rs 8,312.4 cr to DoT to clear 4-yr instalment in advance for 5G spectrum

India TV News  

Highlights Telecom operator Bharti Airtel has paid Rs 8,312.4 crore to the Department of Telecom Payment was made towards dues for spectrum acquired in the recently concluded 5G auctions Airtel has paid four years of 2022 spectrum dues upfront Telecom operator Bharti Airtel has paid Rs 8,312.4 crore to the Department of Telecom towards dues for spectrum acquired in the recently concluded 5G auctions, the company said on Wednesday. Airtel said it believes that this upfront payment, coupled with the moratorium on spectrum dues and AGR -related payments for four years, will free up future cash flows and allow Airtel to dedicate resources to single-mindedly concentrate on the 5G rollout. "With the ideal spectrum bank, best technology and adequate free cash flow, we are excited to bring to the country a world-class 5G experience," Bharti Airtel MD and CEO Gopal Vittal said in the statement. The country's biggest ever auction of telecom spectrum received a record Rs 1.5 lakh crore worth of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with Rs 87,946.93 crore bid.

Telecom Crore Dues Bharti Four Years Spectrum Bharti Airtel Airtel  83124  pays  crore  paid  instalment  clear  bharti  upfront  spectrum  rs  advance  airtel  cr  dot  5g  dues  telecom

History of this topic

Bharti Airtel prepays ₹5,985 crore of high-cost spectrum liabilities, redeems $1 billion in perpetual debt securities
4 days, 5 hours ago

Bharti Airtel prepays ₹5,985 crore of high-cost spectrum liabilities, redeems $1 billion in perpetual debt securities

Live Mint  

Bharti Airtel, the Sunil Bharti-led telecom major, on Wednesday announced that it has prepaid an additional ₹5,985 crore of high-cost spectrum liabilities and voluntarily redeemed $1 billion in perpetual debt securities. Bharti Airtel and its subsidiary Bharti Hexacom Ltd. have prepaid additional ₹5,985 crore to the Department of Telecom, thereby fully prepaying the high-cost interest liabilities of 8.65% pertaining to …

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here
1 month, 1 week ago

Bharti Airtel to ramp up stake in African arm by up to 5%. Check details here

Live Mint  

Indian telecom major Bharti Airtel Limited announced on Friday, February 21, that it has decided to increase its stakeholding by up to 5 per cent in the Airtel Africa business, according to an exchange filing. Bharti Airtel Share Price Bharti Airtel Ltd shares closed 0.41 per cent lower at ₹1,638.40 after Friday's stock market session, compared to ₹1,645.20 at the …

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions
1 month, 1 week ago

Bharti Airtel share price extends fall after block deal. Telecom stock down nearly 4% in three sessions

Live Mint  

Bharti Airtel share price declined over a percent on Wednesday, extending its fall for the third consecutive session, following a block deal in the shares of India’s second-largest telecom company. Bharti Airtel Block Deal Details Bharti Airtel block deal worth ₹8,485 crore took place at ₹1,660 per share, with ICIL as the seller. According to Nuvama Alternate Research report, approximately …

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale
1 month, 1 week ago

Bharti Airtel's promoter group entity sells stake worth ₹8,475 crore, main promoter buys 24% of sale

Hindustan Times  

A promoter group company of Bharti Airtel Ltd called Indian Continent Investment Ltd has sold ₹8,485.11 crore worth of its stake in the telecom provider on Tuesday, February 18, 2025. This amounts to 5.11 crore shares, which is 0.84% of ICIL's stake in Airtel, the company announced in its exchange filing. Bharti Telecom Ltd, the main promoter of Airtel, bought …

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore
1 month, 1 week ago

Bharti Airtel share price falls after promoter-group entity ICIL sells 0.84% stake worth ₹8,485 crore

Live Mint  

Bharti Airtel share price fell over a per cent on Tuesday after the telecom company announced that its promoter-group entity Indian Continent Investment Limited sold a 0.84% stake in the company. In a stock exchange filing on February 18, Bharti Airtel said that ICIL sold a 0.84% stake, or 5.11 crore equity shares, in Airtel, through a market transaction, for …

Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 3 weeks ago

Bharti Airtel share price gains 4% post Q3 results. Do you own it?

Live Mint  

Stock Market Today: Bharti Airtel share price gained close to 4% in the morning trade on Friday, February 7 following the Q3 results announcement. Bharti Airtel Q3 Results Bharti Airtel helped by a one-time gain from Indus Towers becoming its subsidiary in November, recorded a huge profit beat, with a net profit of ₹14,760 crore for the quarter ended December …

Mint Quick Edit | Relief for telecom operators is good for the Indian market
3 months ago

Mint Quick Edit | Relief for telecom operators is good for the Indian market

Live Mint  

The government has reportedly waived the requirement of about ₹33,000 crore worth of cumulative bank guarantees that private telecom players needed to provide against spectrum auctioned before the 2021 reform package. With advance proof of finance arrangements no longer needed, telecom operators will only have to pay for spectrum on the scheduled dates. The lightened burden could enable it to …

Airtel clears 2016 spectrum dues, prepays 3,626 crore to Centre
3 months, 1 week ago

Airtel clears 2016 spectrum dues, prepays 3,626 crore to Centre

Hindustan Times  

Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, PTI quoted the company statement on Thursday. Bharti Airtel has made an early payment of 36.26 billion rupees to the Indian government) "Bharti Airtel has prepaid ₹3,626 crore to the Department of Telecom clearing all its liabilities …

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment
3 months, 1 week ago

Bharti Airtel Clears Spectrum Dues with Rs 3,626 Cr Prepayment

Deccan Chronicle  

Bharti Airtel on Thursday said it prepaid Rs 3,626 crore to the department of telecom to clear all its liabilities for spectrum it had acquired in 2016. “Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom clearing all its liabilities for spectrum it had acquired in 2016. In June, the Sunil Mittal-promoted telecom operator also prepaid all …

Airtel pays off ₹3,626 crore spectrum dues to Telecom Dept. for purchases in 2016
3 months, 1 week ago

Airtel pays off ₹3,626 crore spectrum dues to Telecom Dept. for purchases in 2016

Live Mint  

Telecom major Bharti Airtel Ltd. announced on Thursday, December 19, that the company has paid off ₹3,626 crore in dues, which it owed to the Department of Telecom for the spectrums it acquired in 2016, according to an official statement. In the exchange filing, Bharti Airtel said that “it has prepaid ₹3,626 crores to the Department of Telecom clearing all …

Airtel launches Rs 398 prepaid recharge plan, offers 2GB daily data and more benefits
3 months, 2 weeks ago

Airtel launches Rs 398 prepaid recharge plan, offers 2GB daily data and more benefits

India Today  

Bharti Airtel has launched a new prepaid recharge plan priced at Rs 398, targeting users who demand both high-speed connectivity and premium entertainment. Airtel's rival Reliance Jio has also announced a new prepaid recharge plan for users. Airtel launches Rs 398 prepaid recharge plan The latest 2024 Airtel prepaid recharge plan provides a 28-day subscription to Hotstar Mobile, enabling access …

Bharti Airtel extends multi-year 4G and 5G network extension deal to Ericsson for India operations
3 months, 3 weeks ago

Bharti Airtel extends multi-year 4G and 5G network extension deal to Ericsson for India operations

Live Mint  

New Delhi, December 4 : Telecom player Bharti Airtel has awarded a multi-year, multi-billion extension deal to Ericsson to enhance its 4G and 5G RAN products and solutions, the company said in its stock exchange filing on Wednesday. As per the filing, under the newly formed contract, Ericsson will deploy centralised RAN and Open RAN-ready solutions for network transformation which …

Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson
3 months, 3 weeks ago

Bharti Airtel signs 'multi-billion' dollar 4G, 5G equipment deal with Ericsson

India Today  

India's Bharti Airtel on Wednesday signed a "multi-billion" dollar deal with Swedish telecom equipment maker Ericsson ERICb.ST to boost its 4G and 5G coverage in the world's second-largest smartphone market. Demand from India's 5G market started to skyrocket in 2023, as Bharti Airtel and Jio, the telecom unit of Reliance Industries, started to scale up 5G services. Ericsson, Bharti Airtel's …

Airtel to get new 4G and 5G equipment from Nokia in ‘multi-year, multi-billion’ deal
4 months, 1 week ago

Airtel to get new 4G and 5G equipment from Nokia in ‘multi-year, multi-billion’ deal

Hindustan Times  

Bharti Airtel Ltd will be getting 4G and 5G equipment from Finnish telecom, IT, and electronics giant Nokia Corporation, announced both the companies in a joint statement on Wednesday, November 20, 2024. As per the contract, Nokia will deploy its 5G AirScale equipment including base stations, baseband units and the latest generation of Massive MIMO radios, all powered by its …

Bharti Airtel grants Nokia multi-billion 4G and 5G network expansion deal; aims to strengthen capacity and coverage
Top News
4 months, 1 week ago

Bharti Airtel grants Nokia multi-billion 4G and 5G network expansion deal; aims to strengthen capacity and coverage

Live Mint  

Telecom major Bharti Airtel has given a multi-billion contract to Finnish telecom company Nokia to deploy 4G and 5G equipment across key Indian cities and states as the company eyes to strengthen its capacity and coverage in the Indian market, according to the company's BSE filing on Wednesday, November 20. This step will improve Airtel’s network and support the company's …

Nokia wins 5G extension deal from Bharti Airtel for its India operations
4 months, 1 week ago

Nokia wins 5G extension deal from Bharti Airtel for its India operations

Live Mint  

New Delhi, November 20 : Nokia has been awarded a multi-year, multi-billion extension deal by Bharti Airtel to deploy 4G and 5G equipment across key Indian cities and states, a joint statement said on Wednesday. Airtel will also be leveraging Nokia's MantaRay Network Management for intelligent network monitoring and management that uses AI-based tools covering digital deployment, optimization, and technical …

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market
4 months, 3 weeks ago

Sunil Mittal’s Bharti Telecom plans to raise about ₹8,500 crore in rupee bond market

Live Mint  

Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise about 85 billion rupees in the local-currency bond market, according to people familiar with the matter. If successful, it will be Bharti Telecom’s largest-ever rupee issuance, according to data compiled by Bloomberg. The borrowing is coming days after India’s second-largest wireless carrier Bharti Airtel Ltd., in which …

Airtel profit more than doubles to Rs 4,160 crore in Q1
7 months, 3 weeks ago

Airtel profit more than doubles to Rs 4,160 crore in Q1

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a record profit of Rs 4,160 crore for the first quarter ended June 30, 2024. The company’s net profit was Rs 1,612.5 crore in the same period last year In contrast, Bharti Airtel’s consolidated net profit was at Rs 2,068.2 crore for the previous quarter ending March 2024. The company’s …

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%
9 months ago

After Rel Jio, Bharti Airtel, Vi hike mobile tariffs by upto 24%

Deccan Chronicle  

New Delhi : After Reliance Jio, Bharti Airtel and Vodafone Idea on Friday announced that the companies would hike its mobile tariff to 11-21 per cent and 11-24 per cent respectively in both the prepaid and postpaid services across the country. As per the different plans for the telco, the rate of daily data add-on will see an increase by …

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices
9 months ago

Bharti Airtel raises prices after Reliance Jio hikes: These are the new prices

Hindustan Times  

Bharti Airtel, India’s second-biggest phone carrier, said it would raise prices of its mobile plans. The price hike on an average is an increase of less than 70 paise per day for Airtel’s base plans, the company said in its stock exchange statement. Airtel's price hikes come after Jio, India's largest telecom operator, announced a 12-27% hike in mobile tariffs …

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3
9 months ago

Bharti Airtel announces 10-21 per cent hike in mobile tariffs from July 3

New Indian Express  

NEW DELHI: Bharti Airtel on Friday announced between 10-21 per cent hike in mobile tariffs, a day after larger rival Reliance Jio announced an increase in rates. "We have ensured that there is a very modest price increase on entry-level plans, to eliminate any burden on budget challenged consumers," the Sunil Mittal-led telecom firm said announcing the revision in mobile …

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans
9 months ago

After Reliance Jio, Bharti Airtel announces tariff hike for its prepaid and postpaid plans

New Indian Express  

NEW DELHI: A day after Reliance Jio announced a tariff hike for its prepaid and postpaid plans, Bharti Airtel, India's second-largest telecom service provider, followed suit and announced a tariff hike of up to 21% for all its prepaid and postpaid plans. “Bharti Airtel has maintained that the mobile Average Revenue per User needs to be upwards of Rs. We …

Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads
9 months ago

Telcos bid ₹11,340 crore for expiring spectrum; Airtel leads

The Hindu  

Bharti Airtel Ltd. spent the most on retaining and acquiring new spectrum in the latest auction of airwaves concluded on Wednesday after seven rounds of bids. “As auction for 5G spectrum was held recently and 5G monetization is still in progress, no bidding took place in 800MHz, 2300MHz, 3300MHz and 26GHz bands,” the Department of Telecommunications said in a statement. …

Govt earns ₹11,340 crore from Spectrum Auction 2023-24
9 months ago

Govt earns ₹11,340 crore from Spectrum Auction 2023-24

Op India  

The Department of Telecommunications, under the Ministry of Communications, has successfully concluded the Spectrum Auction 2023-24, marking a step in meeting the evolving spectrum needs of India’s telecom service providers. The auction offered spectrum across the 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz, and 26 GHz bands. The auction saw participation from all …

Centre Got Rs 11,300 Crores from India's Second Spectrum Sale
9 months ago

Centre Got Rs 11,300 Crores from India's Second Spectrum Sale

Deccan Chronicle  

New Delhi: Witnessing a low demand from telecom operators, the Centre is likely to have garnered over Rs 11,300 crore from India’s second spectrum sale in selling airwaves across the bands, which ended in two days after seven rounds on Wednesday noon. Telecom giant Bharti Airtel emerged as the top bidder, which may have bought spectrum worth around Rs 9,000 …

Spectrum auction ends in just two days with bids worth ₹11,340 crore
9 months ago

Spectrum auction ends in just two days with bids worth ₹11,340 crore

The Hindu  

An auction of radiowaves that carry voice and data signals for mobile phones ended within two days on June 26, garnering less than 12% of the ₹96,238 crore minimum value that the government had estimated for the spectrum on offer. “The auction, where a total of 10 GHz of spectrum ranging between 800 MHz to 26 GHz was offered, got …

Spectrum auction Day 1: Telecoms place bids worth about ₹11,000 crore in 5 rounds: 6 Key things to know
9 months ago

Spectrum auction Day 1: Telecoms place bids worth about ₹11,000 crore in 5 rounds: 6 Key things to know

Live Mint  

Telecom operators have placed bids worth ₹11,000 crore on the first day of the spectrum auctions that saw five rounds of bidding, reported PTI quoting anonymous sources. “Telecom operators have placed bids of around ₹11,000 crore on Day 1. Telecom companies like Bharti Airtel Limited, Vodafone Idea Ltd, and Reliance Jio Infocomm Ltd, were the three to take part in …

Rs 2,999 Airtel, Jio, Vi prepaid plans compared: Here's who offers better benefits
10 months, 1 week ago

Rs 2,999 Airtel, Jio, Vi prepaid plans compared: Here's who offers better benefits

India TV News  

Users who prefer not to recharge their mobile connection every month can opt for annual plans offered by telecom companies. Reliance Jio Rs 2999 prepaid plan The Rs 2999 plan from Reliance Jio includes unlimited voice calling, 100 SMS/day, and 2.5GB of daily data. Vodafone Idea Rs 2999 prepaid plan The Rs 2999 plan from Vodafone Idea includes 850GB of …

DoT to hold spectrum auctions starting 20 May
1 year ago

DoT to hold spectrum auctions starting 20 May

Live Mint  

NEW DELHI: The Department of Telecommunications will conduct the next round of spectrum auctions on 20 May, where frequencies valued at ₹96,317.65 crore across eight bands will be up for grabs. Now telecom service providers will get opportunity to buy spectrum regularly in a transparent way,” telecom minister Ashwini Vaishnaw said in a social media post on X, after the …

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15
1 year, 1 month ago

Airtel reports 54% growth in net profit to Rs 2,442 cr in Q3, ARPU rises by Rs 15

New Indian Express  

NEW DELHI: Bharti Airtel, country’s second-largest telecom service provider, reported a 54% growth in its consolidated net profit to Rs 2,442 crore for the quarter ending December 31, 2023. Consolidated revenues for the third quarter stood at Rs 37,900 crore, growing 5.9% year-on-year. Airtel’s India revenues for the quarter stood at Rs 27,811 crore, reflecting an 11.4% YoY increase. Revenue …

Bharti Airtel Q2 profit declines on one-time charge
1 year, 4 months ago

Bharti Airtel Q2 profit declines on one-time charge

The Hindu  

Bharti Airtel on Tuesday reported a steep drop in second-quarter profit, hurt by a one-time charge, but its revenue rose as it added more 4G and 5G subscribers. The latest quarter’s results included a one-time charge of ₹13.50 billion as interest payable on an additional tax provision amount related to a Supreme Court ruling on variable licence fees. Airtel and …

Vodafone Idea pays Rs 1,701 crore as second annual spectrum instalment for 5G
1 year, 6 months ago

Vodafone Idea pays Rs 1,701 crore as second annual spectrum instalment for 5G

India TV News  

Vodafone Idea pays Rs 1,701 crore as second annual spectrum instalment for 5G Vodafone Idea experienced a loss of 4.5 million mobile subscribers, and falls to 221.4 million by the end of June 2023. Vodafone Idea, a known telecom company in India has made a significant payment of Rs 1,701 crore as the second annual spectrum instalment towards its 5G …

Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment
1 year, 7 months ago

Vodafone Idea seeks 30 more days to pay ₹1,680 cr spectrum auction instalment

Hindustan Times  

Debt-ridden Vodafone Idea has sought 30 days more time to pay around ₹1,680 crore for spectrum auction instalment due on Thursday, a senior company official said on Wednesday. Vodafone idea has also acquired a 5G spectrum in mid-band and millimetre wave in the 26 GHz band in July 2022 spectrum auction. "We have submitted a letter to DoT that we …

Jio to make nearly $1 billion payment for 5G spectrum instalment: Report
1 year, 7 months ago

Jio to make nearly $1 billion payment for 5G spectrum instalment: Report

India TV News  

Reliance Jio is reportedly gearing up to make a payment of around Rs 7,864 crore to the Department of Telecommunications. The forthcoming payment is part of Jio's commitment to this spectrum acquisition, as it aims to achieve nationwide 5G coverage in India by December 2023. In contrast, Bharti Airtel, another major player in the Indian telecom sector, had already made …

Airtel introduces 5G in all circles on 26 GHz spectrum: All details
1 year, 7 months ago

Airtel introduces 5G in all circles on 26 GHz spectrum: All details

India TV News  

Indian telecommunications company Bharti Airtel has successfully launched 5G services across all 22 telecom circles in the country, using the 26 GHz spectrum. “With broader 5G opportunities enabled by 26 GHz, the company is poised to continuously drive innovation to create ultimate Airtel 5G Plus experiences for its customers," said Airtel. Notably, the company has already introduced 5G services in …

Bharti Airtel Q1: Net profit flat at ₹1,612 cr, ARPU improves to ₹200
1 year, 7 months ago

Bharti Airtel Q1: Net profit flat at ₹1,612 cr, ARPU improves to ₹200

Live Mint  

Bharti Airtel Q1 Results: Bharti Airtel announced its April-June quarter results for fiscal 2023-24 on August 3, reporting a net profit of ₹1,612 crore, which came nearly flat compared to ₹1,607 crore in the corresponding period last year. The average revenue per user per month, a crucial metric used by telecom companies to measure revenue generation, increased 9.28 per cent …

Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015
1 year, 7 months ago

Airtel prepaid Rs 8,024 cr to clear liabilities for spectrum acquired in 2015

India TV News  

Bharti Airtel on Monday said it has prepaid Rs 8,024 crore to the Department of Telecom towards part prepayment of deferred liabilities pertaining to spectrum acquired in the auction in 2015. Airtel last year acquired 19867.8 MHz spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz frequency bands through the auction for Rs 43,084 crore spectrum …

Bharti Airtel clears Rs 8,024 crore spectrum liabilities through prepayment
1 year, 7 months ago

Bharti Airtel clears Rs 8,024 crore spectrum liabilities through prepayment

India TV News  

Bharti Airtel has announced that it has prepaid Rs 8,024 crore to the Department of Telecom as a part of the deferred liabilities for the spectrum, acquired in the auction which was held in 2015. In the previous year's auction, Airtel acquired 19867.8 MHz spectrum in various frequency bands, including 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 …

Bharati Airtel evaluating offshore bond issue; likely to raise up to $1 billion
1 year, 9 months ago

Bharati Airtel evaluating offshore bond issue; likely to raise up to $1 billion

Live Mint  

Telecom major Bharti Airtel is considering an offshore bond issue and is likely to raise up to $1 billion, two people aware of the matter told Economic Times. As per the report, this comes as the telecom giant plans to refinance high cost debt, strengthen its balance sheet and also cover some of its 5G capital expenditure requirements. Meanwhile, market …

Bharti Airtel gets 15 Lakh new subscriber in December 2022- Report
2 years, 1 month ago

Bharti Airtel gets 15 Lakh new subscriber in December 2022- Report

India TV News  

With the launch of 5G technology in India, Bharti Airtel has been constantly expanding its wireless subscribers for more than a year now. The TRAI has unleashed the subscription data for December, and it shows that significant numbers have been discussed concerning the Active Wireless Subscriber base, VLR and Wireless Subscriber Additions of Bharti Airtel. From November 2021, Airtel was …

Bharti Airtel Shares Fall Even After It Posts 92% Jump in Net Profit; Should you Buy?
2 years, 1 month ago

Bharti Airtel Shares Fall Even After It Posts 92% Jump in Net Profit; Should you Buy?

News 18  

Telecom major Bharti Airtel stock fell around 2 per cent in early deals after it announced its Q3 results, which missed analyst estimates. Bharti Airtel reported 92 per cent surge in consolidated net profit at Rs 1,588 crore for the quarter ended December 2022 as against Rs 830 crore in the same quarter of the previous year, helped by the …

Airtel Prepaid plan worth Rs 359: Price, validity and offers
2 years, 1 month ago

Airtel Prepaid plan worth Rs 359: Price, validity and offers

India TV News  

Bharti Airtel, one of India's largest telecom operators, has increased the validity of its Rs 359 plan for its prepaid users. Another detail of the plan includes features like- 2GB data per day unlimited local and STD calling 100 SMS per day 28 days of free access to the Airtel Xstream app0 a 3-month subscription to Apollo 24|7 Circle Rs …

Airtel launches 2 new prepaid plans for users who browse social media all day, details here
2 years, 2 months ago

Airtel launches 2 new prepaid plans for users who browse social media all day, details here

India Today  

Bharti Airtel offers a range of prepaid plans offering unlimited calling, data and daily SMS benefits. But recharging with add-on plans often makes the overall mobile prepaid experience expensive, unlike Airtel postpaid plans where users get bulk data so that they can use more internet whenever they need. Let's take a detailed look at the newly added Airtel prepaid plans …

Telecom Sector Set For 5G, To Attract Rs 1.5-Lakh Crore Investments In 2023. Tariff Hikes Likely
2 years, 3 months ago

Telecom Sector Set For 5G, To Attract Rs 1.5-Lakh Crore Investments In 2023. Tariff Hikes Likely

ABP News  

India's revitalised telecom sector, from connecting people with 5G services to lowering the cost of operations, is witnessing the bloom of reforms, the PTI reported. While Adani Group is yet to unveil its full-fledged plan for the telecom business, Reliance Industries Chairman Mukesh Ambani has committed Rs 2 lakh crore investment for rolling out a 5G network across the country …

Airtel has no plans to introduce 5G premium pricing
2 years, 3 months ago

Airtel has no plans to introduce 5G premium pricing

The Hindu  

Telecom operator Bharti Airtel has plans to invest ₹27,000-₹28,000 crore in telecom network with a focus on 5G rollout, a company official said on Wednesday. When asked whether Airtel will look at charging a premium for 5G services, the official said that the premium price for 5G has not worked anywhere in the world and the company is also not …

Bharti Telecom Looks To Raise Up To Rs 6,000 Crore Debt Via NCD Route: Report
2 years, 6 months ago

Bharti Telecom Looks To Raise Up To Rs 6,000 Crore Debt Via NCD Route: Report

ABP News  

Bharti Telecom, a key promoter firm of India’s one of the biggest telecom company Bharti Airtel, looks to raise up to Rs 6,000 crore of debt through non-convertible debentures to acquire the balance portion of the 3.33 per cent stake that Singapore Telecommunications will sell in the telecom firm, according to a report by The Economic Times on Tuesday. Singtel …

Indian Telecos to spend 19.5 billion USD on 5G infrastructure by 2025: Report
2 years, 6 months ago

Indian Telecos to spend 19.5 billion USD on 5G infrastructure by 2025: Report

India TV News  

The telecom carriers in India are reportedly expected to invest around $19.5 billion in the development of advanced infrastructure for 5G by 2025, according to a GSMA report. The report showcased that the 5G could benefit the Indian economy by 455 billion USD between 2023 and 2040, or more than 0.6 per cent of the GDP forecast for 2040, reflecting …

Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore
2 years, 7 months ago

Bharti Telecom to buy 3.33 per cent Airtel stake from Singtel for Rs 12,895 crore

India TV News  

Highlights The deal would amount for 2.25 billion Singapore dollars or about Rs 12,895 crore The acquisition is to be completed over a period of 90 days The development was confirmed by Bharti Airtel in a regulatory filing on Thursday Bharti Airtel promoter Bharti Telecom will buy a 3.33-per cent stake from Singtel for 2.25 billion Singapore dollars or about …

Airtel's Sunil Mittal hails Modi govt's efficiency in 5G spectrum allocation
2 years, 7 months ago

Airtel's Sunil Mittal hails Modi govt's efficiency in 5G spectrum allocation

Op India  

On Thursday, the Bharti Airtel founder and Chairman Sunil Bharti Mittal lauded the PM Modi led-government for ease of doing business after the company received an allocation letter for the designated 5G spectrum within hours of payment of the dues. Reports mention that the Department of Telecommunications has received an upfront payment of around Rs 17,876 crore from companies including …

Airtel boss lauds govt for 'ease of doing business' in 5G spectrum allocation
2 years, 7 months ago

Airtel boss lauds govt for 'ease of doing business' in 5G spectrum allocation

Hindustan Times  

Bharti Airtel chairman Sunil Mittal on Thursday lauded the union government's approach for "ease of doing business", regarding the allocation of the 5G spectrum within hours of paying the requisite dues. A day earlier, Airtel paid ₹8,312.4 crores to the Department of Telecommunications upfront towards dues for spectrum acquired in the recently concluded 5G auction. “Yesterday Airtel paid ₹8,312.4 crore …

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