Axiata

Airtel Lanka's turnover in financial year 2023 was Rs 294 crore and it contributed 0.21 per cent to Bharti Airtel's overall business.

Airtel, Axiata to merge Bangladesh operations

Axiata Group Berhad and Airtel today signed a definitive agreement to merge their respective telecom subsidiaries -- Robi Axiata Ltd and Airtel Bangladesh Ltd -- in Bangladesh, Airtel said in a statement.

Airtel, Axiata in talks to merge Bangladesh operations

Telecom major Bharti Airtel and Malaysia-based Axiata Group have begun talks to merge their operations in Bangladesh to create the second-largest operator in that country.

Idea to challenge Rs 600 cr govt penalty notice

Idea is preparing to challenge the government order, it said in a filing to the stock exchanges.

Airtel bids for licence in Myanmar

Bharti Airtel has bid for telecom licence in Myanmar as India's biggest private telecom company looks to expand its overseas operations.

Govt panel meets to defend charges of BIPA violation

CNBC-TV18's Rituparna Bhuyan repots that an inter-ministerial panel met on Friday to select law firms to help India defend charges of violation of BIPA (Bilateral Investment Promotion And Protection Agreements) leveled by international investors

Axiata not looking to change stake in Idea

Malaysia's Axiata Group Bhd, which owns about a fifth of Indian mobile phone carrier Idea Cellular Ltd, is not looking at increasing or cutting its stake in the Indian company, a senior Axiata executive said on Thursday.

DoT may not oppose Axiata raising stake in Idea

The Department of Telecom (DoT) may not oppose Malaysia based-Axiata Group's proposal to raise its stake in Idea Cellular by 1% to nearly 21%.

Singtel may eye Axiata's stake in Idea

Singtel may be in talks to buy part of Axiata's stake, worth Rs 3,500-crore, in Idea Cellular. Singtel already has a stake in Bharti. CNBC-TV18's Kritika Saxena reports on aspects of the deal and the stake Singtel plans to buy.

Axiata in talks to sell 5% Idea stake to PE players

Axiata one of Asian's largest telecom companies is likely to be in talks with private equity players to sell up to 5% stake in Idea Cellular. Sources tell CNBC-TV18 that the company may have approached Warburg Pincus, Macquarie PE and StanChart PE with regards to this.

Axiata may sell Idea stake in 3 tranches: Sources

Licence cancellations and penalties may pave the way for Axiata's exit from Idea Cellular. The company may be looking at selling its 19.8% in Idea (held via TMI Mauritius and TMI India) in three tranches, reports CNBC-TV18's Kritika Saxena quoting sources close to the development.

Axiata may sell Idea stake in three ranches

Idea Cellular touched an intraday high of Rs 67.50 and an intraday low of Rs 66. At 13:47 hrs the share was quoting at Rs 66.80, up Rs 0.20, or 0.30%.