Page 36 - Bharti Airtel
AGR uncertainty ends
Telecom firms should charge more, improve service
 "AGR uncertainty ends")
Gains ahead for Jio, Bharti as telco market heads towards a duopoly
Experts see the telecom sector heading towards duopoly
 "Gains ahead for Jio, Bharti as telco market heads towards a duopoly")
Sensex up 273 pts; Bharti Airtel up 7%, Voda Idea dips 13% post AGR verdict
All that happened in the markets today
 "Sensex up 273 pts; Bharti Airtel up 7%, Voda Idea dips 13% post AGR verdict")
The AGR verdict and its impact on Vodafone Idea
Since the Supreme Court has now decided on a 10-year repayment tenure, it would clearly be a big challenge for Vodafone Idea, which is already steeped in debt
 "The AGR verdict and its impact on Vodafone Idea")
Voda Idea in danger of becoming a 'zombie' telco; may just about survive
The initial impression is that Vodafone Idea will struggle to manage this level of staggered payments, given that it owes over Rs 58,000 crore
 "Voda Idea in danger of becoming a 'zombie' telco; may just about survive")
Vodafone Idea shares plunge 17%, Airtel up 4% after SC's AGR verdict
Vodafone Idea shares plunged over 17 per cent, while the stock price of Bharti Airtel surged over 4 per cent on Tuesday
 "Vodafone Idea shares plunge 17%, Airtel up 4% after SC's AGR verdict")
10 years to pay AGR dues puts a question mark on Vodafone Idea's survival
Indian telecom sector moving to a virtual duopoly is not a desirable development
 "10 years to pay AGR dues puts a question mark on Vodafone Idea's survival")
SC gives telcos 10 yrs to clear AGR dues, NCLT to decide on spectrum sale
The Supreme Court finished hearing the AGR case on August 24, almost a year after its verdict on the definition of the AGR
 "SC gives telcos 10 yrs to clear AGR dues, NCLT to decide on spectrum sale")
Three key SC decisions that could change telecom sweepstakes in the country
While the first two rulings on AGR dues could have a lasting impact on incumbent players, the third, on transfer of spectrum by banks could impact fund raising by the telecom sector as a whole
 "Three key SC decisions that could change telecom sweepstakes in the country")
Jio takes on rivals, rolls out new broadband plans starting at Rs 399
Plans to be rolled out from today
 "Jio takes on rivals, rolls out new broadband plans starting at Rs 399")
Telecom stocks rally; Vodafone Idea surges 17%, Bharti Airtel up 2%
The telecom companies are awaiting the Supreme Court's judgement in the adjusted gross revenue (AGR) case
 "Telecom stocks rally; Vodafone Idea surges 17%, Bharti Airtel up 2%")
F&O expiry: Indices gain for 5th day, Nifty above 11,550; DLF advances 10%
All that happened in the markets today
 "F&O expiry: Indices gain for 5th day, Nifty above 11,550; DLF advances 10%")
CCI approves Carlyle Group's stake acquisition in Airtel's data centre biz
The Competition Commission of India (CCI) on Wednesday said it has approved acquisition of compulsorily convertible preference shares and equity shares in Airtel's data centre business, Nxtra Data, by Carlyle Group's Comfort Investments II. The Carlyle Group in July said it will acquire about 25 per cent stake in Nxtra Data Ltd for USD 235 million (about Rs 1,780 crore). This will peg the enterprise valuation of Nxtra Data at USD 1.2 billion, which is over Rs 9,084 crore. On completion of the deal, Carlyle will hold about 25 per cent stake in the business, with Airtel continuing to hold the remaining stake of about 75 per cent. In a tweet, the regulator said it "approves proposed acquisition of compulsorily convertible preference shares & equity shares in Nxtra Data Limited @NxtraDataLtd by Comfort Investments II of Carlyle Group." Nxtra Data is a fully-owned subsidiary of Bharti Airtel Ltd and provides data centre colocation services through its 10 data centres located in India,
 "CCI approves Carlyle Group's stake acquisition in Airtel's data centre biz")
Jio unlikely to increase tariffs the way incumbent operators are thinking
Bharti Airtel's Sunil Mittal says that, to his mind, Average Revenue Per User or ARPUs need to hit Rs 300, or double Airtel's current figure, if the industry is to stabilize
 "Jio unlikely to increase tariffs the way incumbent operators are thinking")
Top headlines: Digital shoppers for sales turnaround; Jobs market dwindle
From firms eyeing sales turnaround with digital shoppers to Airtel is stretching frontiers of competition, here are top headlines of the day
 "Top headlines: Digital shoppers for sales turnaround; Jobs market dwindle")
Sunil Mittal hints at mobile services price hike, low rates not sustainable
Bharti Airtel chairman Sunil Bharti Mittal on Monday hinted at an increase in mobile services prices in the next six months, saying that data at low rates is not sustainable for the telecom industry.
 "Sunil Mittal hints at mobile services price hike, low rates not sustainable")
Will cancel spectrum allocation if telcos don't pay AGR dues: SC
On the last day of hearing on Monday, the apex court reserves its judgment
 "Will cancel spectrum allocation if telcos don't pay AGR dues: SC")
Airtel is stretching frontiers of competition with a three-pronged attack
The country's second largest mobile services operator is launching a three-pronged attack in the battle to provide cost-effective, high-speed internet connectivity
 "Airtel is stretching frontiers of competition with a three-pronged attack")
'It's a double whammy': Telcos want govt to waive service tax on AGR
Service tax demand can go up to Rs 20,000 crore
 "'It's a double whammy': Telcos want govt to waive service tax on AGR")
Trai mulls show cause notice against Vodafone Idea on priority plan issue
Airtel - which has stopped onboarding new customers on its platinum offering after an earlier Trai directive - may not be served a show-cause notice
 "Trai mulls show cause notice against Vodafone Idea on priority plan issue")
