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Yashika Goel January 23rd, 2024 6:42 PM 0 COMMENTS

Airtel Prepays Rs 8,325 Crores for Spectrum Auction 2015 Liabilities

Bharti Airtel today said that it has strengthened its financial position by prepaying Rs 8,325 crores to the Department of Telecom (DoT), Government of India, settling part of its deferred liabilities related to spectrum acquired in the 2015 auction, according to the company's announcement. Also Read: Airtel Prepays Rs 8,024 Crores to Clear 2015 Spectrum Liabilities Strategic Prepayment The move to make a substantial prepayment on the spectrum acquisition liabilities... Read More

Aparna R May 9th, 2023 9:05 AM 0 COMMENTS

SC Seeks DoT Affidavit on Bharti Airtel’s Reduced Spectrum Usage Charges: Report

The Supreme Court has requested the government to submit an affidavit regarding the spectrum usage charges (SUCs) to be paid by telecom operator Bharti Airtel. The court directed the Department of Telecommunications (DoT) to file an affidavit stating that Bharti Airtel will have to pay lower SUCs compared to new players who acquired airwaves through the 2016 auction, according to an ETTelecom report. Also Read: Airtel, Jio, Vi and Adani... Read More

Bala Yogesh January 7th, 2021 6:08 PM 4 COMMENTS

Bharti Airtel, Vodafone Idea Set to Only Partially Renew Expiring Spectrum

ICICI Securities, a subsidiary of ICICI Bank on Thursday said that it expects Bharti Airtel and Vodafone Idea to “renew their expiring spectrum only partially” in the upcoming spectrum auctions. The firm engaged in the broking and distribution of financial products in a report said that Airtel and Vodafone Idea currently have “excess spectrum holding.” The report is on the heels of the Department of Telecommunications (DoT) in a notice... Read More

Rudradeep Biswas September 14th, 2016 7:46 PM 79 COMMENTS

Airtel, Voda, Idea, Jio, RCom, TTSL & Aircel apply to bid in largest spectrum auction

India’s top telecom operators, including Bharti Airtel, Vodafone and Idea Cellular, along with Reliance Communications, Tata Teleservices, Aircel and Reliance Jio have submitted their applications to participate in the upcoming spectrum auction. Norway-based Telenor didn’t submit its application for the spectrum auction. The largest-ever spectrum auction is scheduled to start from October 1, and it will see spectrum worth Rs 5.63 lakh crore go on sale. Spectrum in all bands --... Read More

Krishna Mukherjee November 24th, 2015 11:09 AM 6 COMMENTS

Robust data spectrum makes Bharti Airtel most preferable buy: ICICI Securities

Riding on its strong data spectrum holding and data network coverage, country’s top telco Bharti Airtel has gained a ‘buy’ rating from ICICI Securities. The equity research firm has also placed a buy rating for Idea Cellular, but a sell for Reliance Communication (RCom). “We continue to prefer Bharti Airtel as it is well positioned to capture higher incremental data revenue market share led by its. Moreover, Bharti Airtel would see... Read More

Srikapardhi November 6th, 2014 4:37 PM 1 COMMENTS

Telecom industry needs more spectrum: Airtel

Indian telecom industry wants more spectrum and the Narendra Modi government should make it available said Sunil Mittal, Bharti group Chairman on the sidelines of the India Economic Summit. The event was organised by the World Economic Forum in New Delhi. "We want from the government more spectrum. Every country has the same amount of spectrum and it is not that India has less... It needs to be vacated from... Read More

Sanjay February 10th, 2011 9:01 PM 27 COMMENTS

Vodafone, IDEA And Airtel Says TRAI 2G Pricing Recommendations illogical

Pan India telecom operators IDEA Cellular, Bharti Airtel, Vodafone Essar and The Cellular Operators Association of India (COAI) today expressed their concern over the TRAI recommendation to the six-fold increase in 2G spectrum prices. Terming them as "Illogical, Arbitrary and Discriminatory" against the older telecom operators. IDEA Cellular said in a statement that "We are dismayed by the continual flip-flops in policy formulation in the telecom sector, which betray a... Read More