Soon mobile services may cost you more, Airtel's Sunil Mittal recommends relook at internet charges
4 years, 7 months ago

Soon mobile services may cost you more, Airtel's Sunil Mittal recommends relook at internet charges

India TV News  

Bharti Airtel founder and Chairman Sunil Bharti Mittal on Monday hinted at an increase in mobile services rates while stating that the average revenue per user is expected to cross Rs 200 in the next six months. "But if your consumption is largely around watching TV, movies, entertainment and depriving other vital special services on to the networks, then you need to pay for that," Mittal said. Telecom operator Bharti Airtel has reported widening of losses to Rs 15,933 crore for June quarter -- its fifth straight quarter of decline -- as the telco made additional provision for statutory dues. Mittal said that companies need to scale up their business and Airtel recognised the opportunity in acquiring One Web- a 648 satellite constellation that will cover the entire world from ocean to mountains to deserts.

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History of this topic

Bharti Airtel prepays ₹5,985 crore of high-cost spectrum liabilities, redeems $1 billion in perpetual debt securities
4 days, 16 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 …

Starlink Internet May Cost Up To Rs 4,000 Per Month, But Hardware May Cost Rs 30,000
Trending News
2 weeks, 4 days ago

Starlink Internet May Cost Up To Rs 4,000 Per Month, But Hardware May Cost Rs 30,000

ABP News  

India is gearing up for a new era in internet connectivity with the anticipated launch of SpaceX’s Starlink. Starlink Pricing : Starlink Residential: BTN 4,200 per month BTN 4,200 per month Starlink Residential Lite: BTN 3,000 per month Starlink Hardware Costs: A Major Expense One of the biggest expenses for Starlink users is the cost of hardware. Starlink Mini: A …

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 …

Tired of expensive Airtel plans? This recharge plan under Rs 500 set to last for around 3 months
1 month, 1 week ago

Tired of expensive Airtel plans? This recharge plan under Rs 500 set to last for around 3 months

India TV News  

Tired of expensive Airtel plans? This recharge plan under Rs 500 set to last for around 3 months With this new recharge plan, Airtel has provided much-needed relief for its users, ensuring uninterrupted communication without unnecessary data costs. Airtel, India’s second-largest telecom operator with around 38 crore users across the nation, has launched an affordable recharge plan to ease the …

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 …

Airtel to steer clear of GPU-as-a-service for now, focus on data centre business
1 month, 3 weeks ago

Airtel to steer clear of GPU-as-a-service for now, focus on data centre business

Live Mint  

India's second-largest telecom services provider Bharti Airtel will steer clear of offering graphics processing unit or GPU-as-a-service in the near term and, instead, look at scaling up its data centres, vice-chairman and managing director Gopal Vittal said in the third-quarter earnings call on Friday. FWA rollout on standby as 5G drives capex Vittal said that Airtel was set to launch …

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 …

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal
1 month, 3 weeks ago

Further tariff repair is needed for the telecom industry; ARPU in India continues to be the lowest globally: Gopal Vittal

New Indian Express  

NEW DELHI: Bharti Airtel hinted at another tariff hike on Friday, citing the lowest ARPU for telecom service providers in India. Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, said during the third-quarter investor call that further tariff repair is necessary for the industry to achieve financial stability. Bharti Airtel, India's second-largest telecom service provider, reported a more …

Airtel, Jio and Vi launch ’Value’ plans, but affordability in question over pricing
2 months ago

Airtel, Jio and Vi launch ’Value’ plans, but affordability in question over pricing

Live Mint  

In a move aligned with recent guidelines set out by the Telecom Regulatory Authority of India, leading telecom providers Bharti Airtel, Reliance Jio, and Vodafone Idea have unveiled new voice and SMS-only prepaid plans, reported HT. In a statement, TRAI noted the introduction of voice and SMS-only packs such as Jio’s ₹458 and ₹1,958 plans, Airtel’s ₹499 and ₹1,959 packs, …

Airtel's Rs 219 plan offers 3GB data, unlimited calls and Rs 5 talktime, a unique offering compared to Jio, Vi
2 months, 4 weeks ago

Airtel's Rs 219 plan offers 3GB data, unlimited calls and Rs 5 talktime, a unique offering compared to Jio, Vi

India TV News  

After a recent increase in tariffs in July, many users started switching to BSNL because of their low-cost recharge plans. In response, major telecom companies like Jio, Airtel, and Vi have introduced new budget-friendly recharge options to keep their customers happy. One nice feature of this plan is that it includes Rs 5 talktime, which can be used once you’ve …

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 …

Telecom companies looking to boost free cash flow as sector improves: Fitch Ratings
4 months ago

Telecom companies looking to boost free cash flow as sector improves: Fitch Ratings

Live Mint  

Fitch Ratings has said the Indian telecom sector is improving on the back of rational competition and moderating capex, and that it expects telecom companies to now focus on profitability and 5G monetisation to boost free cash flow. The American rating firm forecast that Ebitda for Bharti Airtel and Reliance Jio would grow by around 10% in 2025, driven by …

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 revised plan in August offers 2GB data per day with other benefits at Rs 300 per month
7 months, 3 weeks ago

Airtel revised plan in August offers 2GB data per day with other benefits at Rs 300 per month

India TV News  

Airtel has recently made changes to all its tariff plans, both prepaid and postpaid, starting from July 3. One of Airtel’s prepaid recharge plans includes 2GB of data per day for 365 days, unlimited calling, 100 SMS per day, and unlimited 5G data for Rs 300 per month. Airtel Rs 3,599 prepaid recharge plan This plan is priced at Rs …

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 …

Airtel updates the price for it's existing plans, by up to Rs 60: Here is the new list
8 months, 2 weeks ago

Airtel updates the price for it's existing plans, by up to Rs 60: Here is the new list

India TV News  

Airtel, India's second-largest telecom company has announced another significant price hike for its users. Here are the details of these changes: Price hike for the Rs 181 plan Airtel has raised the price of its Rs 181 plan by Rs 30, making it cost Rs 211. Price hike for Rs 301 plan The Rs 301 data plan has seen the …

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually
9 months ago

Jio, Airtel 5G pricing surge: Consumers to spend Rs 47,500 cr more annually

Business Standard  

Consumer spending on telecom services, including taxes, is set to surge by around Rs 47,500 crore annually, spurred by substantial tariff hikes from India's leading telcos and elevated rates for users embracing 5G services, reported The Economic Times. Jio users now face a 46 per cent increase in the minimum charge for accessing 5G, while Airtel users encounter a steeper …

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 …

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 …

Mobile Recharges To Become Expensive After Lok Sabha Elections: Report
11 months, 2 weeks ago

Mobile Recharges To Become Expensive After Lok Sabha Elections: Report

News 18  

After the Lok Sabha elections, people in the country should prepare themselves to spend more on mobile recharge. According to the Antique Stock Broking report, tariffs in the telecom industry are estimated to increase by 15 to 17 per cent after the general elections. The report states that we hope that the industry will increase the charges by 15 to …

Bharti Airtel ARPU set to soar? Check out the numbers amidst fierce Reliance Jio rivalry
11 months, 2 weeks ago

Bharti Airtel ARPU set to soar? Check out the numbers amidst fierce Reliance Jio rivalry

Hindustan Times  

The Indian telecom sector has seen immense fortunes being made and lost and now, after years of consolidation, the country has three major telecom operators left in the form of Bharti Airtel, Reliance Jio and Vodafone Idea. Now, it is being reported that Bharti Airtel ARPU is expected to see some growth going forward. Bharti Airtel ARPU is set for …

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 …

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 …

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 to increase mobile phone call and data rates across all plans this year
2 years, 1 month ago

Bharti Airtel to increase mobile phone call and data rates across all plans this year

Hindustan Times  

Bharti Airtel is looking to raise mobile phone call and data rates across all plans this year, telecom firm's Chairman Sunil Bharti Mittal said here. Mittal said India's focus on economy and infrastructure is paying rich dividends to the companies. Mittal said the government has done a lot to make telecom industry infrastructure healthy with support to BSNL and Vodafone …

'People consuming 30 GB for almost paying nothing': Bharti Airtel chairman says tariff rates to go up
2 years, 1 month ago

'People consuming 30 GB for almost paying nothing': Bharti Airtel chairman says tariff rates to go up

India TV News  

Telecom firm Bharti Airtel chairman Sunil Bharti Mittal has said that mobile call and data rates will go up this year as the return on capital in the telecom business is very low. Speaking at the Mobile World Congress in Barcelona, Sunil Bharti Mittal said, "It will happen across the board," which means the cost will go up across all …

Airtel hikes price of its cheapest plan by 57 per cent, here is how much it costs now
2 years, 1 month ago

Airtel hikes price of its cheapest plan by 57 per cent, here is how much it costs now

India Today  

Bharti Airtel has removed its base recharge plan of Rs 99 from 19 circles across Maharashtra and Kerala. Later in January 2023, Airtel removed its base recharge plan of Rs 99 in Andhra Pradesh, Bihar, HP, Rajasthan, Northeast, Karnataka, and UP-West. The new entry level plan of Rs 155 will offer users unlimited calling, 300 SMS, 1GB data for 24 …

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 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 …

Rising Mobile Data Prices A Concern: Indian Govt
2 years, 2 months ago

Rising Mobile Data Prices A Concern: Indian Govt

News 18  

New Delhi: Rising prices of data and devices are a concern for the rapid proliferation of digitisation, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. The comments have come against the backdrop of a recent hike of about 57 per cent in the minimum monthly recharge plan by the country's second-largest telco Bharti Airtel. Bharti Airtel …

Bharti Airtel to invest Rs 2,000 crore to set up hyperscale data centre in Hyderabad
2 years, 2 months ago

Bharti Airtel to invest Rs 2,000 crore to set up hyperscale data centre in Hyderabad

Deccan Chronicle  

HYDERABAD: Bharti Airtel Group on Wednesday announced that it will be investing Rs 2,000 crore for setting up a large hyperscale data centre here. The Bharti Airtel Group, through its data centre arm, Nxtra Data Centers, will invest the amount as capital investment for the infrastructure which will further attract investments from their customers, it said. Rama Rao said: "I …

Flat tariffs, fewer new users hit Arpu growth
2 years, 2 months ago

Flat tariffs, fewer new users hit Arpu growth

Live Mint  

Telecom operators are expected to report a slowdown in average revenue per user or Arpu growth in the December quarter, primarily because of the absence of tariff increases and lower subscriber additions during the year. Consolidated revenues at Airtel, Vodafone Idea and Jio are likely to grow 1.8%, 0.1% and 1.5% on a sequential basis to ₹ 35,098 crore Consolidated …

Airtel raises price of minimum monthly recharge plan in two circles; pan-India roll-out expected
2 years, 4 months ago

Airtel raises price of minimum monthly recharge plan in two circles; pan-India roll-out expected

India TV News  

Bharti Airtel has increased the price of its minimum recharge for 28 days mobilephone service plan by about 57 per cent to Rs 155 in Haryana and Odisha, according to the company's website and analysts. The company has stopped its minimum recharge plan of Rs 99, under which it offered 200 megabyte of data and calls at the rate of …

Airtel 5G plans price to be announced soon, could be priced similar to its 4G plans
2 years, 5 months ago

Airtel 5G plans price to be announced soon, could be priced similar to its 4G plans

India Today  

Airtel 5G is rolling out in eight Indian cities, though we are yet to hear about the tariffs from the company. It is also reported that the Airtel 5G won't be too expensive compared to 4G plans, though the company hopes this changes. It may not be possible since Airtel's biggest domestic rival, Jio, has already promised to keep 5G …

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 gets spectrum allocation letter, Sunil Mittal hails ease of doing business
2 years, 7 months ago

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

The Hindu  

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. "Airtel paid ₹8,312.4 crore towards spectrum dues and was provided the allocation letter for the designated frequency bands within hours. The Department of Telecom has received payment of around ₹17,876 crore …

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business
2 years, 7 months ago

Airtel gets spectrum allocation letter, Sunil Mittal hails ease of doing business

India TV News  

Highlights Airtel receives spectrum allocation letter within few hours of making upfront payment Bharti Enterprises founder and chairman Sunil Bharti Mittal hailed ease of doing business This is the first time ever that DoT has handed out spectrum allocation letter Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises …

Airtel pays 5G spectrum dues for 4 years in upfront
2 years, 7 months ago

Airtel pays 5G spectrum dues for 4 years in upfront

Hindustan Times  

Telecom operator Bharti Airtel on Wednesday said it has paid ₹8,312.4 crores to the Department of Telecom in upfront towards dues for spectrum acquired in the recently concluded 5G auctions. "The company 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 …

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 …

Airtel to Launch 5G Services This Month, Cover Every Town by 2024: MD Vittal
2 years, 7 months ago

Airtel to Launch 5G Services This Month, Cover Every Town by 2024: MD Vittal

News 18  

New Delhi: Telecom operator Bharti Airtel will start rolling out 5G services this month and cover all towns and key rural areas of the country by March 2024, a senior company official said on Tuesday. Vittal said the company's capital expenditure will remain around the existing levels and played down the need for buying premium spectrum in the 700 megahertz …

Dialling right: The Hindu Editorial on 5G spectrum sale
2 years, 7 months ago

Dialling right: The Hindu Editorial on 5G spectrum sale

The Hindu  

India’s latest auction of telecommunications spectrum, including of bands ideally suited for offering fifth generation technology services, drew bids exceeding a record ₹1.5 lakh crore in a clear sign that the industry is on the path to recovery. And in an interesting development that will need close watching, the deep-pocketed, and aggressively expanding Adani Group made its first foray into …

Jio and Airtel to spend $22bn on 5G capex
2 years, 7 months ago

Jio and Airtel to spend $22bn on 5G capex

Live Mint  

NEW DELHI : India’s top three telcos could spend $18-22 billion to upgrade and expand their networks over the next five years to roll out 5G services, according to estimates shared by consultant Analysys Mason with Mint. Reliance Jio Infocomm Ltd and Bharti Airtel Ltd, the country’s top two operators, will lead the spending on network equipment and laying fibre …

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