Page 61 - Bharti Airtel

Top biz headlines: Jio to charge for calls, Airtel raises $750 mn, and more

From Reliance Jio charging for calls to other networks to Airtel raising $750 million, here are the top 10 business headlines on Thursday

Bharti Airtel raises $750 mn from investors based in Asia, Europe and US

The proceeds shall be used for refinancing, investments in subsidiaries and general corporate purpose

Bharti Airtel raises $750 mn from investors based in Asia, Europe and US

Bharti Airtel said in a statement that "its wholly-owned subsidiary Network i2i Limited, has priced ... offering of $ 750 million 5.650 per cent subordinated perpetual securities"

Jio opposes Trai intervention on call ring time; backs forbearance

Airtel has recommended that the terminating exchange timer should be fixed at 45 seconds and the origination exchange timer at 75 seconds

Bharti Airtel to test views on debt cut efforts with overseas bond issue

The wireless carrier is planning to sell a dollar perpetual bond -- debt with no set maturity -- as early as October 8

Airtel drives telecom sector's AGR to 5-quarter high to 8.8% in Q1FY20

While Vodafone Idea continued to show negative AGR growth (-6%) and Jio (9%) remained stable

We are forced to cut ring time to 25 seconds to counter Jio, says Airtel

It said there was directive from the Trai on the issue and hence the firm is left with no choice but to reduce ring time

Bharti Airtel plans to raise up to $1 bn via bond issue to reduce debt

Telecom major Bharti Airtel is planning to raise funds up to USD 1 billion (about Rs 7,000 crore) via a bond issue by its subsidiary Network i2i, the proceeds of which will be used to reduce debt. "...offering of USD denominated Guaranteed Subordinated Perpetual Securities by Network i2i Limited (a direct 100 per cent subsidiary of Bharti Airtel) expected to be rated BB by both S&P and Fitch may follow, subject to market conditions," Bharti Airtel said in a regulatory filing. Bharti Airtel has appointed a clutch of bankers including BofA Merrill Lynch, Barclays, BNP Paribas, Citigroup, HSBC, J P Morgan and Standard Chartered Bank as joint bookrunners and joint lead managers to organise a series of fixed income investor meetings and calls across Asia, Europe and the US starting Wednesday, it added. Sources said that the fundraising is likely to be in range of USD 750 million to USD 1 billion, and the final figure will be arrived at based on the market response. The proceeds from ..

Airtel launches 'Xstream Fibre' with 1Gbps speed for Rs 3,999 a month

The benefits include three months Netflix subscription gift, one year Amazon Prime membership and access to premium content from ZEE5 and Airtel Xstream app

Reliance Jio seeks edge over Bharti Airtel with OTT bundled plans

Airtel has already announced such offers for its fibre broadband

Airtel takes on JioGiga Fibre with Xstream smart box, android-based stick

The Sunil Mittal company launched a set top box (STB) along with this service which has an in-built Chromecast and is being seen as a direct competitor to Reliance Jio's hybrid set top box

Big and bigger

Some of the biggest names in Indian business are shedding their reticence and letting in global firms into their parlours

Peak investment cycle for Indian telecom companies is over: Analysts

Investments for Jio complete, Airtel towards lower capex spend, Voda Idea capex slows

Changing optics of telecom war: RJio, Airtel compete for broadband biz

Going beyond the hype of the Jio launch, this means that the two rivals could be neck-and-neck in terms of acquisition of FTTH subscribers if their plans fructify

Top 10 biz headlines: Firms may get tax relief, fresh DHFL default & more

From DTC task force recommending slashing of corporate tax to 25% for domestic and foreign firms to DHFL defaulting on financial repayment obligations, here are the top business headlines for Tuesday

Vodafone Idea, Bharti Airtel continue to lose users; Jio adds 8.26 million

Jio's addition of 8.26 million customers in June was higher than the 8.18 million it reported in May

Voda Idea, Airtel lose over 4 mn users in June; Jio and BSNL gain: Trai

Vodafone Idea shed 41.45 lakh subscribers, and Bharti Airtel 29,883 customers during June, while the Jio continued to add customers at a breakneck speed

Airtel appoints Netmagic's Rajesh Tapadia as CEO of cloud arm Nxtra Data

Tapadia brings with him a experience of over 24 years with organisations like Netmagic Solutions, Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm

Top 10 business headlines: Modi's economic plan, stimulus package & more

From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday

SoftBank in talks to buy stake in Bharti Airtel's telecom biz, other assets

Talks are in initial stages for direct or indirect holding in telco or other assets