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The board of telecom major Bharti Airtel on Wednesday approved a plan to raise $3 billion via Qualified Institution Placements (QIPs), stake sale, as well as by debt,
Telecom major Bharti Airtel on Monday launched a new platform called Airtel IQ, marking the company’s entry into an estimated $1 billion Indian cloud communications market.
The Department of Telecom is set to issue an approval letter for the merger of Tata Teleservices’ consumer mobile business with Bharti Airtel next week. The acquisition is subject to requisite regulatory approvals, a statement from Airtel said on Thursday.
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy.
Global rating agency Fitch said that a high price tag of $70 million per megahertz (Mhz) is a big deterrent for telecoms in India like Bharti Airtel and Vodafone Idea to bid for 5G spectrum auction.
India has granted the country’s beleaguered telecom giants a moratorium on spectrum payments until the end of March 2022, offering much-needed respite after the Supreme Court
Prime Minister Narendra Modi’s government on Wednesday had more than tweaked the rules of the game in the Indian telecom sector,
Gains from exceptional item aided telecom major Bharti Airtel to post a rise of 37.5 per cent in its total consolidated net profit for the January-March quarter, on an year-on-year (YoY) basis. The total consolidated net profit (profit attributable to owners and non-controlling interest) of the company stood at Rs576.10 crore