Bharti Airtel, the second-largest wireless operator in India is “building a war chest for upcoming growth opportunities” but its plans to raise the funds was “not necessary” at this time, say multiple analysts. The operator on Sunday announced that its board in a meeting approved its plan to raise up … Read More
The Telecom sector is one of the most financially distressed sectors’ in India currently. Except for Reliance Jio, all the private telecom operators are in a ton of debt where one operator’s future in the market has been questioned. Regardless, the telecom stocks have seen positive growth this week. Even … Read More
Bharti Airtel Ltd’s planned $2.8 billion equity issuance will improve its Funds from operations (FFO) net leverage to around 2 times and provide funds to strengthen its market position, according to Fitch Ratings. Bharti will raise the equity in three tranches, and a quarter of the proceeds to be received … Read More
Reliance Jio, Bharti Airtel, and Bharat Sanchar Nigam Limited (BSNL) all offer broadband plans that offer less than 50 Mbps speed. These plans are all entry-level in nature and don’t offer a lot to the users in terms of other benefits. But they can be the perfect plans for people … Read More
A lot of hype has been building around the tariffs that have been sustaining in the telecom industry for a long now. The telecom companies have been suffering under the balance of their lofty balance sheets, which are filled with obscure losses and dues. Even the hotshots have not been … Read More
Telecom operators have been elevating the subscriber count by offering an array of prepaid and postpaid plans. Recently, private telecom operators have made some changes in their prepaid and postpaid plans by increasing the price of some plans and launching new plans. The private telecom operators Bharti Airtel, Reliance Jio, … Read More
Bharti Airtel’s stock had a good day on Tuesday. The company’s shares closed at Rs 664.05, which is 7.03% higher than its opening price. The stock had hit the highest amount of Rs 668.10 and then closed a Rs 664.05. There was a total gain of Rs 43.60 as the … Read More
Bharti Enterprises is getting Airtel Payments Bank shares worth Rs 294 crores from the Kotak Mahindra Bank. Airtel Payments Bank Limited (APBL) is the finance arm of Bharti Airtel. The Kotak Mahindra Bank is selling its 20 crore shares in the APBL to Bharti Enterprises for a cash consideration of … Read More
OneWeb is backed by the Bharti group along with other promoters including the UK Government and more. The satcom company is looking to offers satellite broadband internet in India from June 2022. Bharti Airtel has clarified that it isn’t looking to invest more than $7 to $8 million (USD) in … Read More
Bharti Airtel is the second-largest telecom operator in India. The telco has seen its share of highs and lows. But it has survived through everything because of the brand it has built, and leveraging the same brand; the telco has been able to raise capital on multiple occasions. If you … Read More
Reliance Jio, Bharti Airtel, and Vodafone Idea all have cemented their position in the market as different kinds of players. While Jio seems to be the most affordable brand, Vi and Airtel are sort of in the expensive end. But all of the players offer one unique prepaid plan with … Read More
Sunil Bharti Mittal, Founder and Chairperson, Bharti Enterprises said that Airtel won’t shy away from increasing tariffs. Mittal has time and again said that the industry needs tariff hikes to sustain and the average revenue per user (ARPU) should be near Rs 200 at least. Bharti Airtel recently discontinued its … Read More
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