Bharti Airtel

Incumbent telecom players dominate 2G spectrum pre-bid conference

Incumbent telecom players dominate 2G spectrum pre-bid conferenceAlmost all the incumbent telecom players, including Bharti Airtel, Idea, Vodafone, Tata Tele, Airtel, attended the conference organized by DoT on Thursday in the run-up to the next round of 2G auctions, but international mobile phone major kept away from the pre-bid conference.

The pre-bid conference kicked off the process for the second round of 2G auctions. But, Thursday's conference remained a low-key affair, particularly when we compare it with the passion seen in the pre-bid conference in the run-up to the 3G auctions in 2010.

Bharti Airtel seeking permission to launch PDL service

bharti airtelIndia’s leading telecom service provider, Bharti Airtel is seeking permission from the Department of Telecom (DoT) to launch its new progressive download (PDL) service in the country.

The PDL service will offer two services to the users, the video-on-demand and Catch-up TV services under the Unified Access Services Licence (UASL) as Internet protocol TV (IPTV) services. The service will use the infrastructure support that is covered under direct-to-home (DTH) and Internet service provider licenses.

Bharti Airtel to get Infratel unit listed

Bharti Airtel to get Infratel unit listedIndia’s leading telecom service provider, Bharti Airtel has said that it is planning to get its tower unit, Bharti Infratel listed on the stock market soon.

According to a report, the company has started working on the draft red herring prospectus and it might file the draft with the market regulator, SEBI within August or in the beginning of September. The shares are expected to be listed on the stock exchange by December subject to regulatory approvals.

Mobile data consumption rises 54 percent, study

Mobile data consumption rises 54 percent, studyAccording to a new study, the total data usage through mobile data traffic rose by an impressive 54 per cent between December 2011 and June 2012 in India.

The report by Nokia Siemens Networks said that the increase in data usage on mobile phones is mainly due to recent reduction in 3G tariff prices by the telecom service providers in the country. The reduction in tariffs by service providers for faster 3G services has resulted in more users consuming more data than slower 2G network.

RCom move tribunal against Airtel over toll-free calls dispute

RCom move tribunal against Airtel over toll-free calls disputeReliance Communications (RCom) has filed an appeal with the Telecom Disputes Settlement Appellate Tribunal to complaint against Bharti Airtel's move to black all toll-free calls from RCom's enterprise.

Indian Market Closes at 5-month High; Crude Touches 3-month High

Indian Market Closes at 5-month High; Crude Touches 3-month HighIndian Stock Market closed at five month high on Monday. The BSE Sensex remained flat during most of the trading session but inched up in the last one hour of trade. BSE Sensex closed 75 points higher at 17633 and NSE Nifty closed at 5347, registering a gain of 27 points.

June IIP Numbers Push Indian Markets Lower; Bharti Airtel & SBI Major Losers

June IIP Numbers Push Indian Markets Lower; Bharti Airtel & SBI Major LosersIndian Stock Markets ended the recent rally as the depressing June IIP numbers deteriorated investors sentiment. Also, rating agency Moody's has reduced India's GDP growth forecast to 5.5 per cent for 2012-2012. BSE Sensex closed 40 points lower at 17560. NSE Nifty closed 15 points down at 5322.

Bharti Airtel reports 37 per cent fall in net profits

Bharti Airtel reports 37 per cent fall in net profitsIndia's leading telecoms service provider, Bharti Airtel has reported a 37 per cent fall in net profit to Rs 762.2 crore during the first quarter of the financial year till June 2012. The company had reported a net profit of Rs 1,215.2 crore during the same quarter of the previous financial year. Total revenues of the firm rose 14 per cent to Rs 19,350 crore during the first quarter of the year compared to Rs 16,975 crore in the same quarter in the previous year.

Indian Stock Market Closes Flat on Wednesday; M&M in Focus

Indian Stock Market Closes Flat on Wednesday; M&M in FocusIndian stock market closed flat after benchmark BSE Sensex touched an intraday high of 17,726. NSE Nifty closed at 5338. European Markets opened negative and this led to decline in Indian stocks during the end of the trading session.

FTSE was down by 0.5%, CAC 40 was down by 0.62 per cent at 3431 while DAX was down by 46 points at 6921. Asian Markets were mixed with Nikkei 225 gained 0.88% while Straits Times down by 0.51%. Hang Seng ended the day flat.

Bharti Airtel planning to issue fresh shares

Bharti Airtel planning to issue fresh sharesIndia's leading telecom service provider, Bharti Airtel might be planning to issue new shares to the public or institutional investors in order to reduce its debt.

A report in The Economic Times indicated that the company is considering four options to raise funds.

If the company issues new shares, it will be the first time since 2002. A new report had said that the company is planning a follow-on offer of shares and external commercial borrowing.

Bharti Airtel launches mobile advertising platform

Bharti Airtel launches mobile advertising platformIndia’s largest telecom operator, Bharti Airtel has entered India's mobile advertising segment with the launch of its new mobile advertising platform.

The company’s new mobile advertising platform will allow advertisers to manage their campaigns as well as share reporting and other analysis. The company said that advertisers to manage their campaigns, share reporting and analytics.

Bharti Airtel Makes Entry In Mobile Advertising Section

Bharti Airtel Makes Entry In Mobile Advertising SectionA company spokesperson stated that telecom service supplier Bharti Airtel has made entry in the country's mobile advertising section.

Airtel's m-Advertising platform is intended to serve up demands of admen comprising inventory management, campaign management, reporting and analytics.

The company will prepare advertisers to get in touch with their potential clients in a personalized way via their cellular phones.

K. Srinivas, president-consumer business, Bharti Airtel made this declaration.

Bharti Airtel Gets Hold Of 49% Stake In Qualcomm India broadband

Bharti Airtel Gets Hold Of 49% Stake In Qualcomm India broadbandWith the effort to lead 4G data services, India's biggest telecommunication operator Bharti Airtel has inked a deal to get hold of 49 per cent equity stake in Qualcomm Asia Pacific's BWA biz in the Indian market for around $165 million (Rs 922 crore).

As per the contract, Airtel will get permissions to provide 4G data services in four different circles that consists of Delhi, Mumbai, Haryana and Kerala.

Telecom heads to meet Sibal to expresses concerns over recommendations

Telecom heads to meet Sibal to expresses concerns over recommendationsThe heads from the four leading telecom companies in the country are set to meet Telecom Minister Kapil Sibal on Wednesday to convey their opposition and express concerns over the recommendations given by the Telecom Regulatory Authority of India (TRAI) on 2 G spectrum allocation.

Policy uncertainty to impact telecom sector, says Bharti

Policy uncertainty to impact telecom sector, says BhartiBharti Airtel Chairman Sunil Mittal has sad that the continuing uncertainties in the regulatory environment will impact the future of telecom sector and will impact the country's global competiveness.

"The recent regulatory developments in India will have significant implications on the future of telephony and broadband, as well as India's global competitiveness," He said while announcing het company's quarterly results.

Bharti Airtel quarterly net income declines 28 percent

Bharti Airtel quarterly net income declines 28 percentNew Delhi, May 2 - Telecom service provider Bharti Airtel Wednesday reported a 28 percent decline in net income at Rs. 1,006 crore for the quarter ended March 31 against Rs. 1,401 crore during the like period of the previous financial year.

The total revenue stood at Rs. 18,729 crore, up 15 percent during the quarter under review against Rs. 16,293 crore during the like period of 2010-11, a company statement said.

Bharti Airtel will launch 4G services in Bangalore within 30 days

Bharti Airtel will launch 4G services in Bangalore within 30 daysIndia’s largest telecom service provider, Bharti Airtel said on Tuesday that it will launch its new 4G services in Bangalore within the next 30 days.

Bharti Airtel CEO Sanjay Kapoor said that the company will launch the new 4G services in the city in the next 30 days and it has appointed Huawei as network equipment vendor for the services in the city.

Airtel planning to launch 4G services in Bangalore in 30 days

Airtel planning to launch 4G services in Bangalore in 30 daysTelecom service provider, Bharti Airtel is planning to roll out $G service for its subscribers in 30 days following the launch of the service in Kolkata on Tuesday, according to a company official.

The country’s largest phone carrier and other players have shelled out as much as 385.43 billion rupees for acquiring fourth-generation (4G) wireless broadband spectrum from the government in an auction that was organized in 2010.

Bharti Airtel shares fall after brokers cut price targets

Bharti Airtel shares fall after brokers cut price targetsTelecom service providers, Bharti Airtel's fell 2.4 percent on Thursday dropping further following a fall of 6.5 percent in the previous trading secession. The shares fell after broker houses cut their price target for the shares.

Bharti Airtel has reported a fall of 22 per cent to Rs 1,011 crore in the third quarter till December 2011. Credit Suisse said in a report that it has reduced its price target to Rs 330 from Rs 375 but maintained its rating at neutral.

Bharti Airtel reports 22 per cent decline in consolidated net profit

Bharti Airtel reports 22 per cent decline in consolidated net profitIndia’s leading telecom operator, Bharti Airtel has reported a fall of 22 per cent to Rs. 1,011 crore in the third quarter till December 2011.

The telecom service provider’s net profit fell to Rs. 1,011 crore in the quarter, a performance which is below market expectations. The loss was mainly due to increase in amortization lead by 3G licences and higher tax provision, according to experts.




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