Says 5G pricing must encourage investment in networks
Avaada MHBuldhana Private Limited is a newly-formed company and developing a captive generating solar power plant in Maharashtra which will become operational by March 2021
National security has to be of paramount importance
The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers
The refarming of 900 Mhz spectrum band for 4G services is underway in six circles of Delhi, Kolkata, Andhra Pradesh, North East, Karnataka and Rajasthan
Bajaj Finance emerged as the biggest gainer, reflecting bullish investor sentiment
Given the sharp volatility, it is preferable to stick to leaders or top-tier players across sectors as they consolidate their position and gain market share
It's the first time since 4G launch by Reliance; churn at all-time low of 1.7%
As long as Bharti Airtel's stock is able to defend Rs 440-mark, the upside bias may lead to upward rally towards Rs 480 and Rs 510 levels
Jump in user base and margin improvement helped stock end with a gain of 3.3% in a falling market. Nevertheless, it shed 8.3% from day's high of Rs 488 to end at Rs 448
"The 5G ecosystem is yet to develop here and the prices are very high and we can't afford them," Vittal said during the company's post earnings call
The committee, chaired by BJP MP Meenakshi Lekhi, is examining the Personal Data Protection Bill 2019
Bharti Airtel's CEO explained why the company would stay away from the 5G auctions
All that happened in the markets today
Bharti Airtel's India business, monthly ARPU, an important matrix to gauge the telco's performance, rose to Rs 162 from Rs 128 a year ago and Rs 157 in the June 2020 quarter.
Airtel on Tuesday said it is planning to exit the Ghanaian telecom market. "Bharti Airtel in its board meeting held earlier today announced the approval of the board for concluding an arrangement with Government of Ghana wherein Government of Ghana will acquire 100 per cent shares of Airtel Ghana Ltd (AirtelTigo...) along with all customers, assets and agreed liabilities," the company said in a filing to NSE. The parties are in advanced stage of talks for conclusion of the commercial agreement for the transfer of AirtelTigo on a going concern basis to the Government of Ghana, it added. Accordingly, Airtel is voluntarily taking an impairment charge of Rs 184.1 crore, it said. AirtelTigo is a joint venture between Airtel and Millicom, wherein Airtel holds a non-controlling 49.95 per cent stake in AirtelTigo, it added.
Telecom operator Bharti Airtel on Tuesday reported substantial narrowing of losses for the second quarter ended September 2020 at Rs 763 crore
The company had posted a loss of Rs 23,044.9 crore in the year-ago period
All that happened in the markets today
Last week, Bharti Airtel's Africa operations, Airtel Africa, posted an 8.8 per cent YoY fall in net profit to $88 million in the quarter ended September