Many customers posted messages over non- availability of mobile network on social media platforms
The stock was up 2.4% to Rs 386, extending its 3% gain in past two trading sessions on the BSE.
As it looks to take on Reliance Jio, country's top mobile operator Bharti Airtel, which is currently undergoing trials for voice over LTE (VoLTE) in some cities including Mumbai, plans to launch commercial services in the next quarter.Although Airtel has not shared an exact timeline but people aware of the plans said the Sunil Bharti Mittal-owned firm is likely to launch VoLTE services in next quarter. Also, Airtel's 4G footprint will cover all the towns and cities by end of 2017 financial year. The company has already launched 4G services in all the 22 telecom circles but a few cities and towns in the circles are currently not getting the latest technology but the company is upgrading its network to cover most of the country by end of FY 2017.When asked for a comment, an Airtel spokesperson said, "We are piloting/testing VoLTE in a few places but there are no launch timelines that we can share at this point."During an investor call on Q4 results, Bharti Airtel CEO Gopal Vittal had ...
So far, 81,000 exchanged hands on the counter against its two-week average of 3.91 lakh shares
The letter was sent on May 15, 2017.
Airtel myHOME offer is currently active on the My Airtel app. Here's how you can avail of the offer
Micromax on Wednesday launched its dual SIM 4G VoLTE smartphone Canvas 2 for Rs 11,999
Undeterred by a 72% decline in the fourth quarter net profit, telecom major Bharti Airtel today committed a capital expenditure of USD 3 billion in the current financial year, of which 500 million would be spent in Africa, the region analysts expect would do well in the future.Bharti Airtel's Global Chief Financial Officer Nilanjan Roy said in a post earnings concall, the company's capex target for 2017-18 is USD 3 billion including 500 million for Africa operations.The telecom major's stock today closed at Rs 372.70, 8% up despite the company reporting a 72% fall in its fourth quarter (Jan-Mar) net profit at Rs 373.4 crore. During the day, the stock soared 10 per cent to Rs 380.05.Analysts are of the view that the rally is mainly on account of sentiment that the Africa region would do well in the future.In constant currency terms, underlying revenues in its African operations grew by 2.6 per cent year-on-year. Data revenues at $157 million grew by 14.5 per cent year-on-year, led by ..
The stock moved higher to Rs 361, bouncing back 7% from early morning low of Rs 337 on BSE.
Under Rs 299 plan, users get 680 mins of local, STD calls and 600MB of 4G data as per billing cycle
Subscribers who already availed a similar offer last month will also be able to avail this new offer
Deadline for the new plans, only available for eligible customers, is June-end 2017
Airtel added over 14,500 km of fibre in its national network during the past two years
Stake sale likely to help reduce telco's Rs 97,395-crore debt
Proceeds to be primarily used to pare debt
The spectrum sale deal between Tikona and Bharti Airtel could hit a roadblock
With the deal, Airtel is gearing up to face Jio with strong data offering, faster customer addition
Bharti Airtel led the subscriber growth by adding 1.25 million new mobile customers
Deal also includes acquisition of Tikona's 350 sites in five telecom circles
Jio has alleged that Airtel's claim of being the 'fastest network' in India is 'misleading'