Carlyle Group will make the investment in Bharti Airtel's Nxtra Data at a valuation of $1.2 billion.
In the ranking of top-10 firms, RIL retained its number one slot, followed by TCS, HDFC Bank, HUL, Airtel, HDFC, Infosys, Kotak Mahindra Bank, ITC and ICICI Bank.
The collaboration will bring together Mastercard's experience in developing financial solutions and Airtel Payments Bank's distribution network to reach its large customer base.
This includes new capabilities of SIM delivery to homes, doorstep KYC (Know Your Customer), work from home solutions, conferencing and security services, he said, adding that the company had received support from customers on these initiatives.
He will report to Gopal Vittal, managing director and chief executive officer – India and South Asia of Bharti Airtel
An Airtel official said that the company will not recover Rs 10 credit given to all the pre-paid customers. “In this difficult hour of fighting off the threat of covid-19, Airtel is committed to ensuring that all people remain connected without any disruptions.
We’ve listed the best broadband internet plans from Airtel, Reliance Jio and Tata Sky.
Mittal said the telecom sector has been under stress for the last three-and-a-half years and the government should focus on its sustainability.
The DoT has pegged Airtel’s AGR dues at around Rs 35,586 crore, Videocon’s liabilities at 2,041 crore and Aircel’s dues at Rs 11,950 crore.
Even if incumbent telcos wanted to contest legally, they could have paid LF & SUC “under protest” to save on interest, and penalties, which is almost now 70 per cent of the total demand of about Rs 1.7 lakh crore.
The three companies are jointly liable to pay dues of over Rs 1 lakh crore, but they have informed the Department of Telecom (DoT) of making only partial payment, as per their representatives.
The report noted that Tata Sky subscribers are being informed about the latest revision through SMS messages
Users complained that this service resolution message popped up very frequently, sometimes after every 10 seconds.
When a company is listed on the 'Denied Entities List', it leads to the cancellation of its import licence.
Here are the various annual packs offered by Reliance Jio, Airtel, and Vodafone-Idea.
Jio currently supports over 150 smartphones, whereas Airtel VoWiFi works on over 100 handsets.
China Mobile is mulling a foray in India by entering cloud services through a tie-up with either Vodafone Idea or Bharti Airtel, according to a Mint report.
The voice over calling feature allows customers to switch to any WiFi hotspot or private WiFi network while making outgoing calls.
The new minimum recharge plan will come into effect from Sunday. The announcement pertained to prepaid subscribers of Bharti Airtel and Bharti Hexacom in all service areas, it added
With the new guidelines, the MNP process will be reduced to 48 hours from its previous cap of eight days.
"From tomorrow, enjoy unlimited calling to any network in India with all our unlimited plans. No conditions apply," Bharti Airtel said in a tweet on December 6.
Airtel and Vodafone Idea have filed separate petitions in the Supreme Court seeking review of the October 24 order of the apex court that held them liable to pay statutory dues for past 14 years after including non-telecom revenue in their annual adjusted gross revenues (AGR). The dues totalling Rs 1.47 lakh crore for the industry are to be paid within three months of the order.