Page 7 - Bharti Airtel

Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers

CLOSING BELL: The recovery was led by Kotak Bank (up 4 per cent), L&T, Bharti Airtel, SBI, HDFC Bank, HDFC, and ITC

No fuss, no follow up: Mittal praises govt on quick spectrum allocation

Bharti Airtel received spectrum allocation letter within few hours of making upfront payment to the Department of Telecom, Bharti Enterprises founder and chairman Sunil Bharti Mittal said on Thursday. This is the first time ever that the Department of Telecom (DoT) has handed out a spectrum allocation letter on the day of making upfront payment. "Airtel paid Rs 8,312.4 crore towards spectrum dues and was provided the allocation letter for the designated frequency bands within hours. E band allocation was given along with spectrum as promised. No Fuss, No Follow Up, No running around the corridors and No tall claims. This is ease of doing business at work in its full glory," Mittal said in a statement. The Department of Telecom has received payment of around Rs 17,876 crore from service providers -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction. While all telecom operators have opted to make payments in 20 annual ...

Airtel hits 3-month high; up 4% in 2 days on Rs 8k-cr 5G spectrum payment

Airtel believes upfront payment will free up future cash flows and allow the company to dedicate resources to single-mindedly concentrate on the 5G roll out\

Jio gained 4.2 million new users in June, Airtel added 0.79 million: Trai

In contrast, Airtel only added 0.79 million customers while Vodafone Idea continued its losing streak as it shed 1.8 million users

Telecom user base grows to 1.17 bn with Jio taking lead in new addition

Telecom subscriber base in the country grew marginally to 117.29 crore in June with Reliance Jio adding maximum number of new customers, according to data released by sector regulator Trai on Wednesday. There were 117.07 crore subscribers in May 2022. "The number of telephone subscribers in India increased from 1,170.73 million at the end of May 2022 to 1,172.96 million at the end of June 2022, thereby showing a monthly growth rate of 0.19 per cent," Trai said in the report. The wireless subscriber base grew to 114.73 crore in June from 114.55 crore in May. Reliance Jio's wireless subscriber base grew to 41.3 crore with net addition of 42.23 lakh customers. It was followed by Bharti Airtel whose subscriber base increased to 36.29 crore with net addition of 7.93 lakh customers. Vodafone Idea continued to lose subscribers. Its subscriber base fell by 18 lakh to 25.66 crore. State-run BSNL and MTNL also lost 13.27 lakh and 3,038 wireless customers respectively. The wireline (fixed

Top headlines:Airtel makes Rs 8k-cr spectrum payment; ECLGS corpus enhanced

New entrant Akasa Air is financially strong enough to place an aircraft order in the 18 next months that will be significantly larger than its first, its founder and CEO Vinay Dube said on Wednesday

5G networks: The next big battle in India's telecom space is about to begin

Now that the bidding for spectrum is over, the next big battle lies in standalone versus non-standalone networks

Airtel gets shareholders' nod for re-appointment of Gopal Vittal as MD

Over 97% of total votes polled were in favour of the resolution, and the same "has been passed with requisite majority", the telco said in a regulatory filing on the outcome of its AGM

Telecom fims, govt in talks over harmonisation of 5G spectrum: Report

The spectrum harmonisation process, critical for 5G services, brings together a bunch of radio wave holdings within a band into one contiguous block with the consensus of all telecom service providers

India at 75: The Maharajah and 14 other brands that had great impact on us

From the Air India mascot to bicycles and Aadhaar, from stationery to automobile and cosmetics, some brands have come to define the segments they represent. Here's a look at 15 such brands

Roll-out of 5G tech will map Bharti Airtel's stock trajectory: Analysts

Investors need to stay vigilant as payback from 5G is still unclear (across telcos globally), and may put pressure on tariff hikes, analysts cautioned

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%

CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

Stocks to watch: Coal India, NTPC, Bharti Airtel, Delhivery, Indian Hotels

Stocks to watch today: Coal India and Tata Consumer Products will report their June quarter results (Q1FY23) on Wednesday, August 10; NTPC plans to fundraise Rs 12,000 crore through NCDs.

Airtel to launch 5G services this month, cover every town by 2024: MD

"In fact, detailed network rollout plans for 5,000 towns in India are completely in place. This will be one of the biggest rollouts in our history," Vittal said during the company's earning call.

5G-ready Bharti Airtel's profit up sixfold; sees 22.2% revenue growth

The company's healthy results came ahead of the launch of its 5G services in India later this month

Top headlines: Airtel Q1 net soars 466%; equity MFs' July inflow drops 43%

India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.

Bharti Airtel Q1 results: Net profit soars 466%; ARPU rises to Rs 183

Revenue from operations rises 21% to Rs 32,805 cr

Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%

CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today

Stocks to Watch: Bharti Airtel, Nykaa, Paytm, BPCL, SBI, Titan, Adani Ports

Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.

Ericsson, Nokia scale up operations as firms gear up for 5G launch

Ericsson will make 5G radios and microwave equipment at Pune plant; Nokia has been enhancing staff skill sets over past 3-4 our years