In the postpaid segment, the customer base grew by 0.8 million customers in Q1 to reach 40.4 million.
Despite the volatility and bearish sentiments prevailing in the markets in the latter half of December, there were many portfolio management service schemes that generated better returns compared to the Nifty and the Sensex
Markets run six months ahead of fundamentals. Hence, changes in macros take time to show up in the earnings estimates of analysts.
Bharti Airtel Q1 Result: Average revenue per user, a key measure of performance in the telecom industry, came in at Rs 183 during the April-June period, up from Rs 146 in the year-ago quarter
Experts expect healthy revenue and EBITDA growth led by subscriber additions and ARPU improvement
Net subscriber additions in the quarter are not expected to exceed 4-5 million users due to high cost of ownership
The strong growth in the bottomline of the company came from the resilient topline performance as the growth in consolidated net sales was aided by the tariff hikes undertaken by the sector in the past two quarters.
Tariff hikes undertaken by the sector in the past two years are expected to fully reflect in the March quarter earnings of Bharti Airtel
The brokerage, however, refrained from cutting its price target of Rs 810 on the stock.
The transaction will be done on the principal condition that the amount paid shall be inducted by Vodafone as fresh equity in Vodafone Idea Limited and simultaneously remitted to Indus Towers to clear VIL’s outstanding dues, Bharti Airtel said.
The telecom operator reported a 5.4 percent on-quarter rise in consolidated revenues at Rs 29,866 crore for the reported quarter, which was in-line the Street's estimate of Rs 29,801 crore.
Besides the near $700-million stake purchase, Google will also invest up to $300 million towards implementing various commercial agreements which will include investments in scaling Airtel’s offerings
Airtel Africa, which listed on the London Stock Exchange in June 2019, has a market capitalisation of close to $8 billion
Following the acquisition, the aggregate holding of Bharti Airtel and Nettle Infrastructure Investments now has increased to 41.66 percent in Bharti Infratel
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 25 points or 0.23 percent. Nifty futures were trading around 10,918-level on the Singaporean Exchange.
We expect Nifty to trade with a positive bias and any decisive move above 11,000 levels will definitely add further buying momentum towards 11,100 levels this week.
This is the verbatim transcript of Bharti Airtel management call with analysts.
Mobile tower firm Bharti Infratel will buy back shares worth Rs 2,000 crore from shareholders
This week on SkillTree Workplace Excellence 2015 we get a sneak peek into the day and the life of an employee at three diverse organisations which includes the global telecommunications company Bharti Airtel Limited, one of the leading innovation and consulting companies Altran as well as a pioneer in the online travel sector makemytrip.com
Now, customers can experience high speed wireless broadband on Airtel 4G and get on to the digital superhighway to enjoy uninterrupted HD video streaming, superfast uploading and downloading of movies, music and images, an official communiqué said on Tuesday.
On February 26, 2015 Bharti Airtel Limited sold 5,50,00,000 shares of Bharti Infratel.
As per the agreement, the pricing would be at 'arm's length,' based on prevailing market rates.
ICRA has revised the long-term rating assigned to Rs. 2250 crore1 bank lines of Bharti Airtel Limited (Bharti Airtel) from [ICRA]AAA to [ICRA]AA+ 2. ICRA has also revised the Issuer Rating for the company from IrAAA to IrAA+.
On CNBC-TV18's special show Next Generation Wireless, telcos and industry think tanks share what it means for India to be in the wireless generation.