Bharti Airtel's CEO, Gopal Vittal, has hinted at a new tariff structure that the telco wants to move towards in the future. Now don't fret over it, as it is not going to happen anytime soon. On top of that, no one player can change the tariff structure as it has to be a collaborative approach from the telcos so that one company doesn't end up losing a major chunk... Read More
Bharti Airtel, the second-largest telecom operator in India, recently partook in the tariff hikes of mobile plans implemented in the early Q2 of FY25. The result of any tariff hike in the past has been a growth in average revenue per user (ARPU) but at the cost of the customer base. Airtel had anticipated losing customers and a downtrading of plans as the prices went up. Downtrading here means that... Read More
Bharti Telecom Ltd (BTL), the primary promoter of Bharti Airtel, has raised its stake in the company to 40.33 percent by acquiring an additional 1.2 percent from another promoter entity, Indian Continent Investment Ltd (ICIL), through an off-market transaction. Also Read: Bharti Airtel to Acquire Membership Stake in Ericsson’s US-Based API Joint Venture Bharti Telecom’s Stake Increase in Airtel "...Bharti Telecom Limited (BTL) has acquired around 1.2 percent shares of... Read More
Indian telecommunications company Bharti Airtel has collaborated with the Indian Army to bring mobile connectivity to Galwan and Daulat Beg Oldie (DBO), the northernmost military outposts in Ladakh. This makes Airtel the only private telecom service provider to offer its services at an altitude of 16,700 feet above the sea level, Bharti Airtel said on Wednesday. Also Read: Airtel Enhances Network Coverage in Leh and Ladakh for Travellers Towers Set... Read More
Airtel Payments Bank, a subsidiary of Bharti Airtel, has reported its quarterly revenues at Rs 674 crore in Q2 FY25. This is 58% up YoY and 10% QoQ. The bank posted a net profit of Rs 11.2 crore, up 45% YoY. The EBITDA (earnings before interest tax depreciation and amortisation) witnessed an increase of 87% YoY to Rs 76.1 crore in Q2 FY25. Read More - Bharti Airtel Could Boost... Read More
Bharti Airtel has requested the Department of Telecommunications (DoT) to ensure a non-discriminatory framework in any potential waiver of spectrum bank guarantees (BGs), amidst Vodafone Idea's appeal for financial relief. Airtel has reportedly asked the DoT to treat all players equally, irrespective of their "financial health", according to an ET report. Also Read: Bharti Airtel to Acquire Membership Stake in Ericsson’s US-Based API Joint Venture Airtel’s Request to the DoT... Read More
Bharti Airtel, the second-largest telecom company in the country, is likely to generate significant cash flows in the next two years. This will be due to several reasons including moderation of capex (capital expenditure), and a boost in revenues through frequent tariff hikes, the upgradation of consumers from 2G to 4G, and the expansion of homes services. The telco is expected to deliver 13-16% growth in consolidated revenues compounded annually... Read More
Bharti Airtel, one of the largest telecom operators in India, has a prepaid plan with which users get 730GB of total data, unlimited 5G data, and OTT (over-the-top) benefits. Today, we will be detailing this prepaid plan for you, and determine whether it's a good deal for you or not. Bharti Airtel's 5G network is now present in almost all of India. The telco has also focused on rolling out... Read More
Indian telecommunications service provider Bharti Airtel announced on Thursday that the company has entered into a Membership Interest Purchase Agreement with Ericsson US Dhaulagiri for the acquisition of around 5 percent of the Membership Interest in the Ericsson US-based API (Application Programming Interface) Joint Venture. Also Read: Global Telecom Operators Launch New Network API Venture Purpose of Ericsson US Dhaulagiri Ericsson US Dhaulagiri LLC, which has yet to commence its... Read More
Bharti Telecom, owned by Sunil Bharti Mittal, is reportedly planning to raise around Rs 8,500 crore (USD 1.01 billion) in the local-currency bond market. The company The company may seek bids for the notes maturing in three to ten years next week, with the longer-term bonds expected to offer a coupon of 9 percent, Bloomberg reported, citing people familiar with the matter. Also Read: Airtel Urges Additional Tariff Revisions to... Read More
Bharti Airtel plans to shift to Standalone (SA) 5G for Fixed Wireless Access (FWA) by December 2024. The company is currently conducting trials to test if SA can achieve better uplink performance for FWA, as it operates over a static network, said Gopal Vittal, MD and CEO of Bharti Airtel Limited, during the company's recent earnings webinar. Vittal highlighted that for mobile services, the decision to switch from NSA to... Read More
As the ARPU of Bharti Airtel hits Rs 233 in Q2 FY25, approaching the company's short-term ARPU goal of Rs 250, Bharti Airtel's Managing Director and CEO Gopal Vittal highlighted that the industry needs further tariff repairs for sustained investments. In the earnings statement on Monday, Vittal said that the company's balance sheet remains solid, supported by cash generation and continued deleveraging. During the July-September quarter, Bharti Airtel reported that... Read More
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