Bharti Airtel

Commercial launch of 3G services may consume a long time

3gThe commercial launch of high-speed mobile broadband (3G) services by carriers like Idea Cellular and Bharti Airtel may consume a long time, despite their their winning of new spectrum in the 900 Mhz band.

Bharti Airtel, the biggest mobile phone carrier in India, has won new spectrum in the 900 Mhz band in Mumbai; while Idea Cellular has won new spectrum in the same band Delhi during the recently held spectrum auction.

A chief executive officer (CEO) of a leading telcom firm said the whole process of launching 3G services could consume more than a year.

Bharti Airtel launches 4G on mobile with Apple in Bangalore

Bharti Airtel launches 4G on mobile with Apple in BangaloreNew Delhi, Feb 14 - Telecom service provider Bharti Airtel along with Apple Friday launched India’s first 4G on mobile, a company statement said here Friday.

The statement said now Airtel customers in Bangalore on Apple iPhone 5s or 5c will be able to experience 4G on their mobile at the current 3G prices.

“Customers have to just change their existing SIM to a 4G SIM to start enjoying 4G on mobile without any need to migrate from their existing data plan,” it said.

Bharti Airtel rejigs top team in African operations

Bharti-AirtelNew Delhi, Feb 5 : In pursuit of its growth agenda, telecom service provider Bharti Airtel Wednesday announced a rejig of its top team at Airtel Africa.

V. G. Somasekhar has been appointed executive operations director of the strategic business unit (SBU) clustering Zambia, Congo B, Malawi, Burkina, Niger, Chad, Madagascar and Seychelles. Somasekhar has been managing director for Airtel Uganda since December 2010, a company statement here said.

Bharti Airtel is a telecommunications service provider with operations in 20 countries across Asia and Africa.

2G auction starts; govt. aims to pocket at least Rs. 11,300 crore

2G spectrumEight mobile phone service providers are participating in the just-started 2G spectrum auction. The government aims to generate at least Rs. 11,300 crore ($1.8 billion) by selling spectrum in 900 MHz and 1800 MHz frequency bands.

Revenues from the auction are crucial as the government has been desperately looking for funds to bridge the country's huge fiscal deficit.

Airtel reports first profit rise in four years, but lags analysts’ expectation

Airtel reports first profit rise in four years, but lags analysts’ expectationAfter suffering profit declines for fifteen quarters in a row, telecommunication services provider Bharti Airtel reported an increase of more than 100 per cent in net profit for the quarter ended December 31, 2013.

Airtel said its net profit more than doubled to Rs 610 crore in the October to December quarter. In the corresponding quarter of the previous year, the company had reported a profit of Rs 284 crore.

Incumbent telecom operators slip after RIL’s surprise entry into spectrum battle

spectrum-battleShares of well-established telecom operators like Bharti Airtel, Idea Cellular and Reliance Communications Ltd came under pressure after cash-rich Reliance Industries Ltd (RIL) announced its decision to participate in the upcoming spectrum auction.

Investors have concerns that RIL's entry into the field could cut into incumbent players' profits in the future.

RIL's decision to participate in the upcoming 2G spectrum auction has raised the prospect of fierce bidding and intensifying competition in a market, where margins are already low.

Bharti Airtel, Reliance Jio to share infrastructure

Bharti-Airtel-Reliance-JioNew Delhi, Dec 10 : Telecom service providers Bharti Airtel and Reliance Jio Infocomm have concluded a comprehensive telecom infrastructure-sharing arrangement under which they will share infrastructure created by both parties, a statement by Bharti Airtel said here Tuesday.

The agreement will include optic fibre network -- inter and intra city, submarine cable networks, towers and internet broadband services and other such opportunities identified in the future.

Bharti Airtel to invest Rs.4,000 crore in Punjab

Bharti-AirtelNew Delhi, Dec 9 : In order to expand and contribute towards the digital inclusion drive in Punjab, Bharti Airtel will invest over Rs. 4,000 crore in the next five years, a company statement said here Monday.

Airtel and the Punjab government Monday signed an agreement on the sidelines of the Progressive Punjab Investors Summit, under which Airtel will take its high speed 4G LTE services to all towns and villages across the state.

Bharti Airtel to acquire Warid's Congo-Brazzaville operations

Bharti-AirtelNew Delhi, Nov 5 : To strengthen its foothold in Africa, telecom service provider Bharti Airtel Tuesday said it has entered into "a definitive agreement" with the Warid Group to fully acquire its Congo operations, a company statement said here.

Bharti Airtel net profit dips 29 percent in Q2

Bharti Airtel net profit dips 29 percent in Q2New Delhi, Oct 30 - Telecom service provider Bharti Airtel's consolidated net profit for the second quarter (June-September) declined by 29 percent to Rs. 512 crore compared to Rs. 721 crore it logged during the corresponding period last quarter.

Bharti Airtel board approves subsidiary merger

Bharti-AirtelNew Delhi, Oct 24  : Bharti Airtel Thursday said it has obtained board approval for merger of its wholly-owned subsidiary Airtel Broadband Services with itself, the company said in a statement to the Bombay Stock Exchange (BSE).

“The board of directors of the company has approved the Scheme of Amalgamation of Airtel Broadband Services Private Limited (formerly known as Wireless Business Services Private Limited) a wholly-owned subsidiary with the company,” it said.

Bharti Airtel acquired 100 percent equity shares of Wireless Business Services Private Limited (WBSPL) Oct 18, making it a wholly-owned subsidiary.

Bharti Airtel to consider opportunities to buy another firm

Bharti Airtel to consider opportunities to buy another firmBharti Airtel will consider opportunities to buy another firm in India, given there is a clear merger & acquisition (M&A) policy in place, Bharti Group Chairman Sunil Mittal said.

Mr. Mittal also said that nobody in the country is capable of buying Airtel, the country's largest telecommunications firm.

Sunil Mittal has no intention to buy back Vodafone’s Airtel stake

Sunil Mittal has no intention to buy back Vodafone’s Airtel stakeBharti Group has no intention to buy back nearly 4 per cent stake that British communications giant Vodafone owns in Airtel, the group's chairman Sunil Mittal said.

Vodafone owns 4.4 per cent stake indirectly in Bharti Airtel, which the British company will have to sell to meet the government's new norms that prohibits a telecom firm from holding any stake in a rival firm under Unified Licences.

Airtel to revise some postpaid mobile rates from Sept 8

Airtel to revise some postpaid mobile rates from Sept 8Telecommunications giant Bharti Airtel has confirmed that it would revise some postpaid mobile rates from 8th of September, a move that will likely make some postpaid customers to fork out up more for making calls.

The largest telecom operator of India has been sending out a message to customers registered under its per-minute billing plan Advantage 199, stating that their mobile phone bill plan will be revised from 8-September-13.

Airtel appoints Farida as Africa chief; Manoj Kohli to relocate to India

Airtel appoints Farida as Africa chief; Manoj Kohli to relocate to IndiaTelecommunications giant Bharti Airtel has confirmed that the company's Managing Director & CEO (International) Manoj Kohli would be relocated to India.

Mr. Kohli, the in-charge of the company's Africa, Bangladesh and Sri Lanka operations, is currently based at Nairobi in Africa.

Bharti Airtel Chairman Sunil Bharti Mittal said that Mr. Kohli would now provide governance oversight to the company's global operations and be a part of the group's strategic matters.

Bharti Airtel to roll out 4G in Delhi soon: source

Bharti Airtel to roll out 4G in Delhi soon: sourceBharti Airtel, Indian's largest mobile phone operator, is reportedly preparing to roll out 4G telecommunication services in the Delhi circle by end of 2013 or early 2014.

A person familiar with Airtel's plans revealed that the telecom operator's 4G technology would provide much faster download speeds than the third-generation technology.

Speaking on the condition of anonymity, the person also said that the roll out of Airtel's 4G network in Delhi service area is being handled by Chinese telecom equipment maker Huawei Technologies.

Vodafone may be forced to sell $1bn Bharti stake

Vodafone may be forced to sell $1bn Bharti stake British telecommunications giant Vodafone Group may be forced to offload its small stake in Bharti Airtel as the government's new unified licencing (UL) norms doesn't allow telecoms to own a direct or indirect equity stake in another firm.

The new rules state that no telecom firm can own a direct or indirect stake in another telecom firm operating in the same of any of India's twenty-two telecom circles.

Trai chief supports 3G roaming agreements

Trai chief supports 3G roaming agreementsTelecom Regulatory Authority of India (Trai) chairman Rahul Khullar on Friday offered unexpected support to Bharti Airtel, Vodafone India and Idea Cellular by supporting the controversial 3G intra-circle roaming (ICR) agreements.

Addressing the National Telecom Summit organized by CII, Mr. Khullar stressed that intra-circle roaming packs allow network providers to offer telecommunication services to all despite the scarcity of spectrum.

Airtel, Idea, Vodafone’s pleas against DoT orders transferred to TDSAT

Airtel, Idea, Vodafone’s pleas against DoT orders transferred to TDSATPleas of Bharti Airtel, Idea Cellular and Vodafone filed against the Department of Telecommunication's (DoT's) orders asking them to stop offering 3G roaming service in areas where they don't have licenses for the same have been transferred by the Delhi High Court to the Telecom Disputes Settlement & Appellate Tribunal (TDSAT).

Bharti Airtel's Q1 net drops 9.6 percent

Bharti Airtel's Q1 net drops 9.6 percentNew Delhi, July 31 - India's largest telecom service provider Bharti Airtel's net profit dropped 9.6 percent during the first quarter (April-June) of fiscal 2013-14, a company release said here Wednesday.

It has clocked a net profit of Rs. 688.9 crore for the first quarter, compared to Rs. 762.2 crore during the corresponding period last fiscal. This is the 14th consecutive fall in the company's quarterly net profit.




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