It is the first such joint venture proposed in Ghana's highly competitive telecom sector. Put together, the new entity would become Ghana's second largest mobile operator serving around 10 million subscribers with revenues close to $300 million.
Shareholders representing 99.98 percent holding voted in favour of the resolution while a mere 0.02 percent voted against it, according to a regulatory filing by Bharti Airtel.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Adani Ports and Special Economic Zone, National Aluminium Company, Dr Reddy's Laboratories and Gujarat State Petronet Limited and can sell Jet Airways and Mahindra & Mahindra.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bharti Airtel, Dr Reddy's Labs and Bharat Financial Inclusion and can sell Hero MotoCorp and Reliance Capital.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank and Titan Company and feels that Motherson Sumi Systems is likely to test Rs 400-420.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell Bharti Airtel, Castrol India and Aurobindo Pharma and can buy CESC, JSW Steel, Dabur India, Dewan Housing Finance, Reliance Industries and Zee Entertainment.
Only three operators -- Reliance Jio, Bharti Airtel and state-run BSNL -- reported subscriber additions in the month, while eight other operators including Idea Cellular and Vodafone, saw a decline.
The two companies will also collaborate on an on-going basis to evolve standards for 5G and advanced technologies like network functions virtualisation (NFV), software-defined networking (SDN) and Internet of Things (IoT), Bharti Airtel said in a statement.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy NMDC and hold Adani Ports and Special Economic Zone while can sell PVR and Ajanta Pharma and avoid Lupin.
The voice calls on VoLTE network are made using data but the company said there will be no additional data charges for VoLTE and calls will be billed as per existing plan or pack benefits.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Bata India, Tech Mahindra and ACC and sell Bank of India and Torrent Pharma.
While Mukesh Ambani-led Jio has announced plans to offer Internet-enabled feature phone for a refundable deposit of Rs 1,500, Airtel is placing its bet on a full-fledged smartphone as it believes people would be ready to shell out a little more to get a loaded handset.
The telecom major in a strongly worded letter alleged that Reliance Jio mislead the regulator and public that incumbent operators have gained to the tune of Rs 1 lakh crore in last five years.
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Some of the biggest corporations, including Russia's largest oil company Rosneft, Ukraine's international airport, shipping firm AP Moller-Maersk, and advertising giant WPP had come under the cyberattack in June this year.
Telecom stocks are in focus as the market fears that the Telecom Regulatory Authority of India (TRAI) is actively considering a proposal to phase out interconnect usage charge (IUC). Vodafone group CEO Vittorio Colao has written a letter to the department of telecom saying, "We are seriously alarmed to see reports that the regulator is considering a reduction in MTC at a time when the industry is facing such immense hardships. The existing rate of 14 paisa is already below cost". In an interview to CNBC-TV18, Naveen Kulkarni, Co-Head of Research at PhillipCapital shared his readings and outlook on the same.
We believe the recent cool off in banking space has also created fresh entry opportunities.
Yogesh Mehta of Motilal Oswal is of the view that one can buy Bharti Airtel, Bharat Financial Inclusion and Dr Reddy's Labs.
Idea lost the most 23 lakh customers in the month, followed by Vodafone that lost 13.89 lakh customers. Aircel lost 3.91 lakh and Telenor 2.75 lakh customers.
Total mobile customer base of five COAI members that include Aircel and Telenor declined by 37.74 lakh to 82.6 crore in July from 83 crore at the end of June.
According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9780-9750 and the resistance is at 9911-9965. Bank Nifty on the other hand has support at 23750 and resistance at 24250. He has 3 buy calls including Ambuja Cements, Bharti Airtel and Kajaria Ceramics and a sole sell call on Fortis Healthcare.
The company in a filing to BSE said that pursuant to an order of the Special Bench of the National Company Law Tribunal, a meeting of equity shareholders and unsecured creditors of Bharti Airtel Limited (the Company) has been convened on September 19.
Sudarshan Sukhani of s2analytics.com is of the view that one can sell PVR and Bank of Baroda and buy Bharti Airtel and Ashok Leyland while one may hold ICICI Bank.
Ashwani Gujral of ashwanigujral.com suggests buying Yes Bank, L&T Finance Holdings and ICICI Prudential Life Insurance.
Vittal of Bharti Airtel disposed of 1.21 lakh shares in the telecom major, according to the data.