Bharti Airtel hits a new low, but bottom is nowhere in sight
6 years, 7 months ago

Bharti Airtel hits a new low, but bottom is nowhere in sight

Live Mint  

Bharti Airtel Ltd reported a consolidated pre-tax loss for the first time in years, thanks to continued erosion in the profitability of its mainstay India wireless business. What’s more, cash burn from wireless operations in the June quarter stood at ₹ 4,175 crore, almost as much as the deficit in the whole of fiscal year 2017-18. The silver lining in Airtel’s results is that it has been far more successful than Vodafone India Ltd in defending its subscriber and revenue shares. Its revenues were flat, after excluding a contribution of around ₹ 125 crore owing to the consolidation of Telenor India’s operations from the middle of the quarter.

India Revenue Airtel Wireless Business  airtel  far  revenue  low  hits  airtels  reported  sight  crore  wireless  business  revenues  bharti  subscribers

History of this topic

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down
1 week, 6 days ago

Airtel and Reliance lose early market gains from Starlink partnership after IT stocks drag markets down

Hindustan Times  

Shares of Bharti Airtel and Reliance Industries dipped into the red after rising earlier due to the overall market sentiment turning negative as the trading session for the day progressed. At 11:30 am IST, Bharti Airtel shares were down 0.84% or by ₹13.90, trading at ₹1,647.30, while Reliance Industries shares were trading at ₹1,247.10, which is down 0.02% or by …

Bharti Airtel share price dips over 2% despite strategic partnership with Apple
1 month ago

Bharti Airtel share price dips over 2% despite strategic partnership with Apple

Live Mint  

Bharti Airtel share price declined over 2% on Monday amid stock market crash. Telecom major Bharti Airtel said it has entered into a strategic partnership with Apple to bring the Apple TV+ streaming services and Apple Music to Airtel customers. Additionally, postpaid customers on plans starting ₹999 will get access to Apple TV+ and can enjoy 6 months of free …

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

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more
1 month, 1 week ago

Stocks to Watch: Vodafone Idea, Airtel, RVNL, Glenmark Pharma, BHEL, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Samvardhana Motherson: Samvardhana Motherson reported strong Q3 FY25 results, with net profit surging 62 percent year-on-year to ₹879 crore, driven by steady revenue growth and improved operational efficiency. RVNL: State-owned Rail Vikas Nigam Ltd reported a 13.1 percent YoY decline in net profit at ₹311.6 crore …

Bharti Airtel share price gains 4% post Q3 results. Do you own it?
1 month, 2 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, 2 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 …

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation
1 month, 2 weeks ago

Bharti Airtel Q3 Results: Profit up 483% to ₹14,760 cr on Indus consolidation

Live Mint  

Bharti Airtel Q3 Results: India's second largest carrier Bharti Airtel Ltd beat estimates with a profit of ₹14,760 crore for the quarter ended December, up 483% from ₹2,530 crore a year earlier, due to a one-time gain from Indus Towers becoming its subsidiary in November. In a separate announcement, Indus Towers said Thursday that it was acquiring 16,100 towers, ultra …

Bharti Airtel users face disruptions to mobile, broadband services
3 months ago

Bharti Airtel users face disruptions to mobile, broadband services

New Indian Express  

NEW DELHI: Bharti Airtel subscribers faced significant disruptions to both mobile and broadband services on Thursday, with many users reporting an inability to make calls or access data. According to Downdetector.com, a popular platform for tracking service disruptions, 46 per cent of users reported a total blackout, 32 per cent experienced no signal, and 22 per cent faced issues with …

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024
3 months ago

Airtel Gains Subscribers While Jio and Vodafone Idea Lose; BSNL Sees Small Growth in October 2024

New Indian Express  

NEW DELHI: For the first time since the tariff hike announced by private telecom operators in July 2024, Bharti Airtel added 1.9 million subscribers in October 2024. However, Reliance Jio, India's largest telecom service provider, continued to lose subscribers, with a loss of 3.76 million, while Vodafone Idea Limited lost around 1.97 million customers. Vodafone Idea, India's third-largest telecom operator, …

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

Telcos to ring-in profit gains. Airtel leads the pack in September quarter
3 months, 3 weeks ago

Telcos to ring-in profit gains. Airtel leads the pack in September quarter

Live Mint  

It was a foregone conclusion that Indian private telecom companies would do well in the September quarter thanks to the tariff hikes taken in July and the ongoing premiumization trend of SIM card upgrades. This has played out with aggregate wireless revenue for the three private telcos—Reliance Jio Infocomm Ltd, Bharti Airtel Ltd’s India arm, and Vodafone Idea Ltd—rising by …

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%
4 months, 2 weeks ago

Bharti Airtel Share Price Today on 05-11-2024: Bharti Airtel share price are down by -0.8%, Nifty up by 0.91%

Live Mint  

Bharti Airtel Share Price Today on 05-11-2024: At 05 Nov 16:01 today, Bharti Airtel shares are trading at price ₹1578.85, -0.8% down from the previous closing price. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at …

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 …

Bharti Airtel's Price on the Rise, but Nifty Shows Caution
4 months, 3 weeks ago

Bharti Airtel's Price on the Rise, but Nifty Shows Caution

Live Mint  

Bharti Airtel share price is up by 0.65% today, trading at ₹1647.55. The stock has hit a high of ₹1651.5 and a low of ₹1618 during the day. On the technical front, the stock is trading above the 50,100,300 days SMA & lower than the 5,10,20 day SMA. The company has a ROE of 9.36% & ROA of 1.92% respectively. …

Airtel to Implement More Tariff Hikes in Telecom Sector: CEO
4 months, 3 weeks ago

Airtel to Implement More Tariff Hikes in Telecom Sector: CEO

New Indian Express  

Bharti Airtel CEO Gopal Vittal has confirmed that the telecom sector will see more tariff hikes in the near future. He stated that Airtel has already undergone 31 rounds of tariff hikes and that more are planned to improve the industry. However, Vittal downplayed the impact of this subscriber loss, describing it as milder than previous instances.

Stocks to Watch: A Roundup of Potential Gains in the Market
4 months, 3 weeks ago

Stocks to Watch: A Roundup of Potential Gains in the Market

Live Mint  

The article focuses on a range of stocks with diverse industries, highlighting potential gains in the market. While some companies like Bharti Airtel, Adani Power, and Tata Technologies witnessed significant increases in their respective profits, others like BHEL and Indian Oil Corporation reported substantial declines. Conversely, companies like CarTrade Technologies and Federal Bank experienced substantial growth in their net profits.

Airtel profit more than doubles to Rs 4,160 crore in Q1
7 months, 2 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%
8 months, 3 weeks 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 announces 10-21 per cent hike in mobile tariffs from July 3
8 months, 3 weeks 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
8 months, 3 weeks 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 …

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 …

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 …

Bharti Airtel Q4 Profit Beats Estimates; Should you Buy, Sell or Hold the Telecom Stock?
1 year, 10 months ago

Bharti Airtel Q4 Profit Beats Estimates; Should you Buy, Sell or Hold the Telecom Stock?

News 18  

Bharti Airtel Share Price: Shares of Bharti Airtel were trading higher on Wednesday morning, a day after the company announced its March quarter earnings. Bharti Airtel reported a 50 per cent jump in consolidated net profit at Rs 3,006 crore for the quarter ended March 2023 from Rs 2,008 crore a year back. Revenue was up 1 per cent sequentially, …

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

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 has no plans to introduce 5G premium pricing
2 years, 2 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 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 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 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 …

Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend
2 years, 10 months ago

Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend

India TV News  

Bharti Airtel, India's second-largest telecom operator, has posted more than twofold year-on-year jump in its consolidated net profit for the March quarter to Rs 2,008 crore. "The net exceptional gain of Rs 9,062 million during the quarter ended March 31, 2022 comprises of gain on account of sale of telecom tower assets of Rs 7,593 million, gain on account of …

Bharti Airtel Q4 net profit zooms to ₹2,008 crore
2 years, 10 months ago

Bharti Airtel Q4 net profit zooms to ₹2,008 crore

The Hindu  

India's second largest telecom operator Bharti Airtel on Tuesday posted over two-fold jump in its consolidated net profit to ₹2,008 crore for the March quarter. Airtel's revenue from operations rose 22.3% to ₹31,500 crore during the fourth quarter of FY2021-22, from ₹25,747 crore in the corresponding period of the previous year. For the full year FY22, the Sunil Mittal-led telco …

Airtel to spend Rs 1.17 lakh crore on various businesses with subsidiaries over a period of 5 years
3 years, 1 month ago

Airtel to spend Rs 1.17 lakh crore on various businesses with subsidiaries over a period of 5 years

India TV News  

Highlights Bharti Airtel has plans to spend about Rs 1.17 lakh crore through business transactions The company will hold an extraordinary general meeting of the members of the company on February 26 Bharti Airtel will spend Rs 88,000 crore in business with mobile tower company Indus Towers Telecom operator Bharti Airtel has plans to spend about Rs 1.17 lakh crore …

Bharti Airtel hikes prepaid tariff by up to 25%
3 years, 4 months ago

Bharti Airtel hikes prepaid tariff by up to 25%

The Hindu  

Bharti Airtel on Monday announced it was raising prepaid tariffs by up to 25% with effect from November 26, reasoning that the move had been necessitated by the need to increase mobile revenues so as to safeguard the business's financial health. “Bharti Airtel has always maintained that the mobile Average Revenue Per User needs to be at ₹200 and ultimately …

Bharti Airtel’s re-rating hinges on decent tariff hikes, capex control
3 years, 6 months ago

Bharti Airtel’s re-rating hinges on decent tariff hikes, capex control

Live Mint  

After a significant equity dilution over the past two years, Bharti Airtel’s unexpected announcement of another fundraising did seem a bit too soon. But chairman Sunil Mittal assured investors in a conference call that fundraising through the rights issue was to fund new growth avenues and data centres among other initiatives. Note that Bharti’s fundraise of ₹21,000 crore through a …

Airtel giving Rs 49 pack for free to over 5.5 crore users, here are all key details
3 years, 10 months ago

Airtel giving Rs 49 pack for free to over 5.5 crore users, here are all key details

India Today  

Bharti Airtel has announced special benefits for low-income customers on its network to help them stay connected during the ongoing pandemic. Airtel, for its part, as a one-time gesture, is giving the Rs 49 pack free of cost to over 55 million low-income customers. Through this gesture, Airtel aims to empower its over 5.5 crore customers, most of them in …

Bharti Airtel acquires 355.45 MHz spectrum for ₹18,699 crore
4 years ago

Bharti Airtel acquires 355.45 MHz spectrum for ₹18,699 crore

The Hindu  

Bharti Airtel has acquired 355.45 MHz spectrum for ₹18,699 crore in the spectrum auctions which concluded on Tuesday. has acquired 355.45 MHz spectrum across Sub GHz, mid band and 2300 MHz bands for a total consideration of ₹18,699 crore in the latest spectrum auction conducted by the Department of Telecom. We are most excited at bringing the power of Airtel …

Bharti Airtel posts Rs 854 cr profit after six straight quarters of loss
4 years, 1 month ago

Bharti Airtel posts Rs 854 cr profit after six straight quarters of loss

India TV News  

Telecom operator Bharti Airtel on Wednesday posted a consolidated net profit of Rs 854 crore in the third quarter ended December 2020, mainly on account of high revenue customers and increase in subscriber base in India. Bharti Airtel reported the highest-ever consolidated quarterly revenue of Rs 26,518 crore, up 24.2 per cent from Rs 21,344 crore in the corresponding quarter …

Airtel Q3 Net Profit at Rs 854 Crore; Posts Highest-ever Consolidated Quarter Revenue
4 years, 1 month ago

Airtel Q3 Net Profit at Rs 854 Crore; Posts Highest-ever Consolidated Quarter Revenue

News 18  

Bharti Airtel on Wednesday posted a net profit of Rs 854 crore for the third quarter ended December 2020, compared to Rs 1,035 crore loss a year ago, on the back of improved realisations and the strong customer addition. Airtel logged its highest-ever consolidated quarterly revenue of Rs 26,518 crore in Q3 FY21, up 24.2 per cent over the year-ago …

Airtel adds 43.7 lakh users in Nov, Voda Idea loses subscribers: TRAI data
4 years, 1 month ago

Airtel adds 43.7 lakh users in Nov, Voda Idea loses subscribers: TRAI data

India TV News  

Bharti Airtel added the highest number of subscribers in November, ahead of Reliance Jio, even as Vodafone Idea lost customers during the period, according to the latest TRAI data. India's largest telecom operator Reliance Jio's subscriber base stood at 40.82 crore as on November 2020, as per monthly telecom subscription data released by sector regulator TRAI. "The number of telephone …

Bharti Airtel shares jump 9% on strong Q2 earnings
4 years, 4 months ago

Bharti Airtel shares jump 9% on strong Q2 earnings

Live Mint  

NEW DELHI: Shares of Bharti Airtel Ltd on Wednesday rallied nearly 9% after the telecom operator reported robust earnings for the September quarter. A boom in remote work propelled a 58% year-on-year jump in data consumption at Bharti Airtel in the September quarter, helping India’s second-largest telco post record consolidated revenues, which offset the telco’s net loss during the quarter. …

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 …

Bharti Telecom sells 2.75 per cent stake in Airtel for Rs 8,433 crore to institutional investors
4 years, 9 months ago

Bharti Telecom sells 2.75 per cent stake in Airtel for Rs 8,433 crore to institutional investors

India TV News  

Bharti Telecom sells 2.75 per cent stake in Airtel for Rs 8,433 crore to institutional investors Promoter firm Bharti Telecom has sold 2.75 per cent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday. Promoter firm Bharti Telecom has sold 2.75 per cent stake in Airtel to institutional investors …

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts
4 years, 9 months ago

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts

Firstpost  

Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday. Bharti Telecom raises Rs …

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