Page 67 - Bharti Airtel

Bharti Airtel plans to raise up to Rs 30 bn via non-convertible debentures

Besides this, board of directors of the company will meet on March 12 to consider fund raising opportunity for the company

Bharti Airtel explores options to list Africa arm on global exchange

With Africa turning profitable, Airtel is expecting a better valuation after listing

Bharti's holding company for Africa explores IPO in international exchange

Bharti Airtel operates in 14 African countries and all the operations are managed by Bharti Airtel International (Netherlands) BV (BAIN)

How Bharti Airtel is using content to improve stickiness and consumer spend

At a time when consumers are talking about jumping on to the 5G bandwagon, ensuring consumer satisfaction and unstinting loyalty to the brand are some challenges for mobile operators

Tanzania rules that Bharti Airtel operations were privatised illegally

Magufuli said in December that Airtel Tanzania is a government asset in remarks aired on the East African country's national broadcaster

Bharti Airtel: Consolidation gains key trigger

Despite a 39 per cent gain for the Bharti Airtel stock in two months, analysts believe it has more legs to run after the integration with Tata Teleservices, revival in Africa and cost control measures. The latest trigger has been ongoing consolidation in the industry, the latest being Reliance Communications' (RCom's) exit from consumer mobile telephony. The sector had 13 players in 2010 and is expected to be left with four over the next year and a half.Analysts believe Bharti is positioned to grab market share as smaller operators shut down. This includes the 70 million customers of RCom who have to port out by Sunday. Smaller operators had gross revenue market share of 14 per cent at the end of the first half of FY18. Bharti's subscriber and revenue market share at the end of September was 31.5 and 35.9 per cent, respectively, about 200 basis points lower on both parameters than the Vodafone-Idea combine. In the near term, operators will try to be aggressive to increase subscriber ..

Bharti Airtel says purchase of Tanzania unit stake had government approval

President John Magufuli said he received a report that the state-run Tanzania Telecommunications Company owned the local subsidiary of Airtel outright but had been cheated out of shares

Bharti Airtel to become number 2 telco in Rwanda with Tigo acquisition

According to Airtel, the existing customers of Tigo Rwanda will join Airtel's global network

Bharti Airtel gains on pact to serve 2100 North-East villages

In past three trading sessions, the stock has outperformed the market by gaining 11%, as compared to 2.5% rise in the S&P BSE Sensex.

Airtel to serve 2,100 N-E villages

Airtel would set up over 2,000 mobile towers/sites and deliver telecom connectivity to over 2,100 villages over the next 18 months

Bharti Airtel buys strategic stake in e-publishing platform Juggernaut

The investment is in line with Airtel's endeavour to build an open content ecosystem and bring world-class digital content to its customers

Airtel, Idea, Vodafone add 4.74 mn subscribers in Oct

Indicating that worst might be over for the telecom industry, all the top three incumbent operators added around 4.74 million subscribers during October.Although Bharti Airtel have been adding customers regularly barring an odd month when the telco lost users, Vodafone and Idea Cellular have been losing subscribers for the past months leading their base to shrink a little. However, in October, Airtel added 3.14 million subscribers, followed by Vodafone which added 879,413 customers and Idea Cellular 713,408. "India's private telecom service providers have a total of 953.80 million subscribers. The data also includes the figures of Reliance Jio and MTNL by the end of August 2017 (Source: Trai)," industry body COAI said in its monthly report.The net additions for GSM operators for the month of October stood at 3.10 million as Aircel and Telenor lost 497,264 and 1.14 million subscribers respectively.The addition by incumbent operators is good news as the telcos managed to increase their .

Bharti Airtel adds 3.1 mn subscribers in Oct: COAI

Vodafone added 879,413 subscribers, whereas Aircel and Telenor lost 497,264 and 1.1 million subscribers in October

Bharti Airtel: In a nutshell

Over FY18-21, we expect Bharti Airtel to deliver India/consolidated Ebitda CAGRS of 18%/16%

Airtel best play on data boom: CLSA

Global brokerage CLSA on Friday upgraded Bharti Airtel terming it "best play on India mobile consolidation and data boom." The brokerage increased the price target on the stock to Rs 640, implying a 27.5 per cent upside over last closing price of Rs 502.CLSA is the second foreign brokerage after JP Morgan to have raised its price target of Bharti Airtel this week. On Wednesday, the US-based brokerage upgrade the stock to 'neutral' from 'underweight' has increased price target to Rs 500 from Rs 290."India's mobile consolidation and data boom have revived Bharti Airtel's growth. The industry leader should enjoy a 21per cent CAGR (compounded annual growth rate) in India mobile Ebitda (earnings before interest, tax, depreciation and amortization) over FY18-FY21, its domestic non-mobile businesses add scale, while Africa has turned profitable and free-cash flow positive," said CLSA analysts Deepti Chaturverdi and Akshat Agarwal in note.The Indian telecom space is witnessing consolidation ..

Airtel, Amdocs partner to introduce AI-based technologies in India

Our partnership with Airtel will be an innovation engine to the industry and drive our joint success: Amdocs

Airtel drops 4% on Qatar Foundation's $1.5-bn exit

Shares of the company declined as much as 6.7 per cent to Rs 480 during the day

Qatari investor selling $1.5 billion stake in Bharti Airtel, stock down 6%

Three Pillars Pte Ltd, an affiliate of the Qatar Foundation, has put up for sale through stock market transactions about 199.9 million shares in Bharti Airtel

Bharti Airtel trades lower after block deals

The Qatar Foundation Endowment is likely sell up to 199.9 million shares, comprising a 5% stake, in Bharti Airtel on Wednesday, report

Bharti Airtel up 4% after huge block deal

The stock was up 4% to Rs 565 on the BSE in early morning trade after about 185 million equity shares of the company changed hands on the counter