OneWeb is racing against Elon Musk's rival Starlink system to offer internet to consumers and businesses in regions of the world where terrestrial fixed and wireless connections aren't profitable
The 4G-enabled smartphone, known as JioPhone Next, has been developed in partnership with Google and will be priced below Rs 5,000.
Bharti's rights issue is credit positive for the company, Moody's Investors Service has said as it noted that the fresh capital would keep the leverage relatively stable
Telecom operator Bharti Airtel on Thursday said it has successfully conducted India's first cloud-gaming session in a 5G environment. The demonstration was conducted in Manesar, Gurgaon, as part of the ongoing 5G trials, using spectrum allotted by the Department of Telecom, the company said. Speaking to reporters at a virtual briefing, Randeep Sekhon, Chief Technology Officer (CTO) of Bharti Airtel, said mobile gaming is a new phenomenon and gaining popularity. Cloud gaming will be one of the biggest use cases of 5G, given the combination of high speed and low latency, he added. "This is just the beginning of an exciting digital future that Airtel will enable for its customers as we prepare to roll out 5G in India," Sekhon noted. Cloud gaming enables users to stream and play games in real-time without having to download these or invest in gaming hardware. With the advent of 5G networks, cloud gaming is expected to become the "new normal" as users would be able to experience high-
Eleven Sensex stocks, including RIL, Bharti Airtel, Titan Company, Bajaj Finance, Bajaj Finserv, HDFC Bank, HCL Technologies and Nestle India have gained more than 10 per cent in the last one month
Sunil Mittal's reappointment gets 10% against votes
'In a do-or-die effort, Mr Mittal's target is an ARPU of at least Rs 200 by the end of this financial year', says the author
Bharti will raise equity in three tranches, a quarter of the proceeds to be received upfront and the balance in two instalments within three years
This is not the first time that Bharti Airtel has followed its arch rival's strategy. Over 4G, it followed a similar policy too which differentiated them both from their legacy telecom rivals
Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts
Bharti Airtel said the company evaluates various opportunities of potential investor engagement and takes decisions in a judicious manner
According to media report, Google is now in talks to make large investments in Airtel
Indian shares hit record highs for a second straight session, boosted by technology stocks and telecom firm Bharti Airtel, with investors focusing on economic growth data due later in the day
The company stock reacted positively on Monday, ending 4.44 per cent up at Rs 620.35 on BSE
Airtel on Sunday announced a fund raise of Rs 21,000 crore by way of rights issue
'We hope that the spectrum pricing auction will be made attractive,' says Bharti chairman
Airtel's Rs 21,000 crore fund-raising plans will give the firm the fuel to shift to a higher gear and tap large opportunities, its Chairman Sunil Mittal said on Monday.
Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion
Bharti Airtel's fund raising is expected to strengthen its competitive positioning in the market and provide the telco with the necessary ammunition for aggressive 5G rollout, analysts said.
The rights issue is price at Rs 535 per share, with entitlement ratio of one equity share for every 14 equity shares held by eligible shareholders as on the record date