Page 12 - Airtel

Top 10 business headlines: GDP estimates for Q1FY20, CG Power fiasco & more

From a probe at CG Power finding fraudulent related-party transactions to the IL&FS board seeking NCLT approval to sell 7 wind assets to Orix Corp, here are the top business headlines for Wednesday

Reliance Jio, Bharti Airtel set to bid for RCom's physical assets

he two companies are , however, are not interested in buying spectrum held by RCom

Airtel looking to switch off 3G network across India by March 2020

The company said it is keeping razor-sharp focus on driving greater realisation and ARPU

Bharti Airtel Q1 preview: Marginal growth in ARPU, revenue seen

Investors should watch mobile broadband subscriber addition, sale of non-core assets, and other balance sheet deleveraging plans

Airtel to give 9.7 lakh equity shares to Tata Teleservices stakeholders

But the Department of Telecom is yet to take this merger on record and is likely to challenge the deal in the Supreme Court.

Govt approves Rs 3,050-cr fine on Airtel, Voda Idea; telcos may move court

Airtel and Vodafone Idea had recently concluded their rights issue to pare debt. They raised Rs 25,000 crore each from their respective offers

DCC approves imposing Rs 3,050 cr penalty on Airtel, Vodafone Idea

In October 2016, Trai had recommended imposing a total penalty of Rs 3,050 crore on Airtel, Vodafone and Idea (now merged) for allegedly denying inter-connectivity to Reliance Jio

DCC may take call on Rs 3,050-cr fine on Airtel, Voda-Idea after July 24

The regulator responded on June 21, saying that there was no question of any change in the fine

Bharti Airtel could raise another $3.5 billion from stake sale: Moody's

Coupled with the recent rights issue and the initial public offering of its Africa business, Moody's felt this would help bring its debt-to-Ebitda, or leverage, ratio below 3.5 times by March 2020

Jio wireless market share surpasses Airtel, Voda still leads race

Airtel inches forward on broadband base

Ahead of 5G rollout, key fibre players invest big to expand capacity

Apart from China, the largest consumer of fibre, demand across the world is expected to rise as more countries move to 5G

Bharti Airtel completes merger of Tata Tele's consumer mobile businesses

Experts believe the move will lead to better network utilization, as spectrum will now be with Bharti Airtel along with enhanced customer base

Bharti Airtel shuts 3G service in Kolkata, asks customers to get 4G

In Kolkata, Airtel will use 900 Mhz frequency band for 4G service which was earlier being used for 3G

Airtel Africa's London IPO set at 80-100 pence per share; to mop up $750 mn

The final pricing is expected to be announced on or around June 28, 2019, on the London Stock Exchange, according to a filing

Hope govt will lower proposed 5G auction base price, says Airtel

Gopal Vittal, CEO of Bharti Airtel said the mobile growth of 4 per cent was largely driven by ARPU growth

Despite big 5G plans, debt-laden Airtel wobbling in war with Ambani's Jio

Airtel added 53,500 subscribers, Jio 17 million in first two months of 2019

Airtel fixes April 24 as 'record date' for Rs 25,000 cr rights issue

Airtel has announced rights issue to raise Rs 25,000 cr through issuance of fully paid up shares at a price of Rs 220 per share, and an additional Rs 7,000 cr via foreign currency perpetual bond issue

Airtel springs a surprise addition in Jan; Voda Idea continues to lose base

Rapid data adoption witnessed a jump, with mobile internet user base pushing the overall broadband market growth by 4 per cent

Airtel looking at Dish TV for merger to take on Reliance Jio

The Indian DTH space has five players currently - four paid and one free. The move to merge Dish and Airtel's DTH operations would help the telco take on the competition it is facing from Reliance Jio

Airtel arm applies for licence to offer in-flight connectivity: Sources

Indo Teleports, a subsidiary of Bharti Airtel, has applied to the Telecom Department for the said licence