Page 68 - Bharti Airtel

Bharti Airtel steps up FY18 investemnt to Rs 25,000 cr to expand 4G network

Launching its services just over a year ago Jio has disrupted the world's second-biggest wireless market by customers with its cut-price offerings

Airtel raises year's capex estimate to Rs 25,000 cr

Bharti Airtel, the country's largest telecom operator, has riased its estimate of capital expenditure for this financial year to Rs 25,000 crore, from the earlier Rs 20,000 crore. Nilanjan Roy, its global finance head, said as there was an explosion of data traffic in India, the company had decided it should hasten the rollout of fourth-generation (4G) technology, beside the building of additional capacity and fibre connectivity. "Consequently, our capex forecast for the year is up from the initial guidance (expectation). We believe advancement of future capex to provide best broadband data coverage will augment our growth and revenue market share ambition," he said during an investor call after announcing its quarterly results.He said a lot of the capex was going into investing in the radio networks, primarily 4G, in transmission and fibre backhaul.Analysts say despite a 76 per cent drop in net profit for the September quarter, the Sunil Bharti Mittal-led company has shown strong ...

Bharti Airtel shares at highest level in nearly a decade

Gains as much as 4.8% in intra-day trading to the highest since December 2007 as company exceeds Q2 net profit estimates

Airtel may sell controlling stake in Bharti Infratel

Airtel now holds, directly and through its subsidiary, an overall shareholding of 58 per cent in Bharti Infratel

Airtel alone gains customers in Sept among old telcos, reveals COAI data

With the telecom industry stabilising after the disruption caused by Reliance Jio, customer attrition from incumbent operators has been slowing. Bharti Airtel, the largest, rebounded with subscriber additions in September, indicating the worst might be over. Data from the Cellular Operators Association of India (COAI) showed Airtel added a little over a million customers in September, taking its user base to 282 mn, a market share of 29.8 per cent. It got more in most of the circles, leading with Mumbai where it added 360,000, a growth rate of 5.5 per cent. The company's user base grew 0.36 per cent nationally as compared to August, when it lost about 200,000, a first for the company which continued adding customers since Jio's launch.The situation at the other two major incumbents also improved. In September, Idea's subscriber base dropped by 900,000, much lower as compared to August, when it lost close to 2.8 mn customers. Similarly, the customer drop for Vodafone was down to ...

Bharti Airtel added 1 mn users in September; Idea, Vodafone biggest losers

Aircel lost 394,209 mobile subscribers in September, and its total mobile subscriber base shrank to 88.8 million

Bharti Airtel set to join Rs 2-lakh cr market-cap club after a 10-year gap

Bharti Airtel, the telecom services provider, with the m-cap of Rs 198,650 crore is at number 12th position in overall m-cap ranking, the BSE data shows

Why the Street is bullish on Bharti Airtel

The company has been improving its position, by acquisitions and shoring up its 4G network, as well as by strengthening infrastructure and reach

Bharti Airtel shares continue to move up, jump over 5%

On NSE, shares of the company climbed 5.19 per cent to close at Rs 453.30

Bharti Airtel hits two-year high; stock up 16% in one week

Moody's Investors Service says that Bharti's acquisition of Tata's consumer telecom business is credit positive.

Airtel beats Reliance Jio by a huge margin in 4G speed: OpenSignal report

Bharti Airtel tops the 4G LTE download speed with an average speed of 9.15 Mbps. It was closely followed by Vodafone and Idea with scores of 7.45 Mbps and 7.4 Mbps, respectively

Trai's decision to slash call connect charge disappointing: Airtel

The sharp drop in the IUC rate will only help transfer part of its cost to other operators, thereby further worsening the financial health of the industry,

Airtel takes on Jio, plans rollout of Rs 2,500 4G phone by Diwali

Recently, Jio announced a 4G-enabled feature phone with smartphone like capabilities

Airtel plans to sell 3.7% in Bharti Infratel for Rs 2,500 crore

Bharti Airtel and Nettle jointly hold 61.65 per cent in Bharti Infratel

Bharti Airtel may sell 3% stake in Infratel

Airtel is reportedly weighing the sale to cut its net debt

With free services, we will have a much higher market share: Airtel CEO

3G network in India would shut down faster than other countries due to good 4G ecosystem: Airtel CEO

Bharti Airtel slips post 75% drop in Q1 net profit

Shares of the company opened at Rs 428.50 and touched a high and low of Rs 430 and Rs 421.65.

Bharti Airtel Q1 net takes massive 75% hit on Jio impact

Profit at Rs 367 cr; revenue falls 14% to Rs 21,958 cr as data and voice rates tumble

Bharti Airtel invests Rs 30,000 crore on infrastructure in 2 years

The telecom major said it deployed over 72,000 network base stations in 2016-17

Bharti Airtel in talks to acquire FreeCharge

The telco had recently launched Airtel Payments Bank and it also has an online wallet-Airtel Money