Bharti Airtel Board

The drop in Bharti Airtel share price came after the company posted September quarter of financial year 2025 (Q2FY25) results, which fell short of Bloomberg estimates

Telco major Bharti Airtel and Finnish telecom and IT company Nokia on Tuesday said their collaboration to launch the 'Green 5G' initiative is aimed at improving energy efficiency on Airtel's mobile network and reduce its carbon emissions by 143,413 metric tons of CO2 annually. The project will focus on enhancing energy efficiency across Airtel's extensive 4G/5G Radio Access Network (RAN) by leveraging technologies like artificial intelligence and machine learning, as well as a suite of advanced software features and innovative solutions, a joint statement said. "The comprehensive solution is expected to enhance energy efficiency during peak and off-peak hours and is projected to reduce Airtel's carbon emissions by an estimated 143,413 metric tons of CO2 annually," it said. The partnership will focus on 'zero-traffic, zero-watt operation', reducing the radio network's power consumption during periods of no traffic, thereby conserving power and optimising energy management. "Nokia ha

Telecom operator Bharti Airtel on Monday said it has prepaid Rs 8,465 crore to the government against spectrum it acquired in 2016. These liabilities carried an interest rate of 9.3 per cent, the company said in a statement. "Bharti Airtel, one of India's leading telecommunications service providers, today said that it has prepaid Rs 8,465 crore to the Department of Telecom (Government of India) against spectrum acquired in 2016," the statement said.

System promises to catch 97% of spam calls & SMS for users, says telecom company

Bharti Airtel on Monday announced the launch of a fixed deposits marketplace under its digital arm Airtel Finance, backed by partnerships with leading NBFCs and small finance banks. The marketplace enables Airtel Finance to provide an assured return and fixed-income investment option on the digital platform that is built on top of Airtel's Thanks App framework, according to a release. "Bharti Airtel today announced the launch of a fixed deposits marketplace under its digital arm, Airtel Finance. These fixed deposits come at an attractive interest rate of up to 9.1 per cent per annum," it said. Airtel Finance has offered the fixed deposit service through partnerships with multiple small finance banks and NBFCs including Utkarsh Small Finance Bank, Shivalik Bank, Suryoday Small Finance Bank and Shriram Finance. This will help customers lock in assured returns at high rates of interest. Anshul Kheterpal, Chief Business Officer, Airtel Finance said, "We have partnered with the best ban

Airtel Payments Bank on Thursday said its net profit for the June quarter rose 41 per cent year-on-year to Rs 7.2 crore, amid uptick in digital savings bank accounts alongside other digital offerings. Announcing its consolidated report card for the first quarter ended on June 30, 2024, Airtel Payments Bank said it has hit a significant milestone and that, in a first, the bank's quarterly revenue grew to Rs 610 crore, up by 52 per cent on-year. The net profits stood at Rs 7.2 crore, up by 41 per cent year on year. "During the quarter, the Bank's Monthly Transacting Users (MTU) exceeded 88 million giving a boost to customer deposits, which grew by 53 per cent year-on-year to Rs 2,943 crore," it said. The Bank's annualised gross merchandise value stands at over Rs 3,400 billion (Rs 3,40,000 crore). "The growth in revenue and MTUs has been driven primarily by an uptake in the Bank's digital savings bank account along with other digital offerings. The Bank's eco-friendly NCMC (National

Telecom industry body COAI on Wednesday said it expects the government to allocate the 6 GHz band spectrum for 5G network expansion and roll out a fair share data network usage policy to make big apps pay for the excessive traffic generated by them. COAI, whose members include Reliance Jio, Bharti Airtel, Vodafone Idea and others, released its priority wishlist for the newly formed government at the Centre on Wednesday. The body wants the government to increase the number of test labs for accelerating the process of clearing network gear to enable expeditious rollout of telecom networks. Quoting a report from the global telecom industry body GSMA, the Cellular Operators Association of India said India can save as much as USD 10 billion annually in 5G network deployment through the use of the 6 GHz spectrum. "India has made a giant leap in 6G innovations through initiatives, such as Bharat 6G Alliance and Bharat 6G Vision which envisage India to be a leader in 6G innovations and ...

Telecom operator Bharti Airtel has appointed Sharat Sinha as the CEO of Airtel Business with effect from June 3, 2024. In this role, Sinha will report to Gopal Vittal and will be a part of the Airtel Management Board, according to a release. Sinha joins Airtel Business from Checkpoint Software Technologies, where he served as President of Asia Pacific. A seasoned technology professional, he has also worked with Palo Alto Networks, Cisco, and VMWare in various leadership roles. His early experiences in Ericsson and VSNL have also given him a sound telecom background, the release added. Gopal Vittal, CEO and MD of Bharti Airtel exuded confidence that Sinha's broad global experience in product management and business leadership across many global technology companies will provide tremendous firepower to Airtel's ambitions in rapidly growing the company's portfolio across connectivity and adjacencies. In June last year, Airtel announced the exit of the Chief Executive Officer of Bhart

Notably, the stock is among the top gainers on Bombay Stock Exchange (BSE)

At 6:55 AM, GIFT Nifty futures was trading 73 points higher at 22,382.50 levels compared to Nifty50 futures, indicating a positive start for the bourses

"The company has no desire to raise its stake beyond what is required for financial consolidation of Indus in the company,' Airtel said in an exchange filing

Airtel Lanka to have 10.35% voting shares in the merged entity, according to agreement

Telecom operator Bharti Airtel will merge its Sri Lanka operations with Dialog Axiata in an equity swap deal, a joint statement said on Thursday. Airtel Lanka's turnover in financial year 2023 was Rs 294 crore and it contributed 0.21 per cent to Bharti Airtel's overall business. "Dialog Axiata PLC , Axiata Group Berhad (Axiata) and Bharti Airtel Limited signed a definitive agreement to combine their operations in Sri Lanka," the statement said. Under the agreement, Sri Lanka-based telecom operator Dialog will acquire 100 per cent of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355 per cent of the total issued shares of Dialog by way of a share swap, it said. Airtel Sri Lanka commenced commercial operations in Sri Lanka in 2009. "The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger, underscoring its vision to advance the ..

Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd. raised Rs 4,330 crore a year ago

The combined market valuation of seven of the top-10 most valued firms climbed Rs 71,301.34 crore in the holiday-shortened last week, with Bharti Airtel emerging as the lead gainer. In a record-breaking rally last week, the BSE benchmark climbed 374.04 points or 0.50 per cent. Stock markets were closed on Friday for Mahashivratri. The 30-share BSE Sensex on Thursday settled at a new closing peak of 74,119.39. The Nifty also ended at a fresh closing high of 22,493.55. Leading stock exchanges BSE and NSE conducted a special trading session in the equity and equity derivative segments on Saturday (March 2) to check their preparedness to handle major disruption or failure at the primary site. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, State Bank of India, Bharti Airtel, Hindustan Unilever and ITC were the gainers, Reliance Industries, Infosys and Life Insurance Corporation of India (LIC) suffered erosion from their market valuation. The valuation of Bharti Airtel j

Bharti Airtel on Friday said it will allot 38.6 lakh equity shares to certain FCCB holders at a conversion price of Rs 518 per equity share. This follows receipt of notice for conversion of FCCBs (Foreign Currency Convertible Bonds) of principal value of USD 27,795,000 from the FCCBs holders. Accordingly, it said, the paid-up equity share capital of the company has increased. The telco's committee of directors for fundraising approved the allotment of shares to these FCCB holders on Thursday, according to a regulatory filing. "...upon receipt of notices for conversion of FCCBs of principal value of USD 27,795,000 from certain FCCBs holder(s), the Special Committee of Directors for Fund Raising has, today, that is on February 01, 2024, approved the allotment of 3,864,800 fully paid-up equity shares of face value Rs 5 each at a conversion price of Rs 518 per equity share to such holder(s) of FCCBs," the filing said. FCCB is a debt instrument to raise funds from overseas market. Such

Reliance Jio completed the fastest roll-out of 5G infrastructure anywhere in the world

India's largest telecom operator Reliance Jio added 31.59 lakh mobile users while rival Bharti Airtel's subscriber gain came in at 3.52 lakh in October 2023, as per monthly subscriber data by TRAI. There was no relief for the troubled telco Vodafone Idea on subscriber front, as it lost 20.44 lakh wireless subscribers in October. With the addition of 31.59 lakh users, Jio's total wireless subscriber count climbed to 45.23 crore in October from 44.92 crore in September. Sunil Mittal-led Airtel's wireless subscriber gain of 3.52 lakh pushed up the telco's user tally to 37.81 crore in October. The subscriber losses of Vodafone Idea Ltd (VIL) dragged its wireless user base to 22.54 crore in October, the data by Telecom Regulatory Authority of India (TRAI) showed. Cash-strapped VIL has been battling fundraising woes and subscriber losses.

The telcos already have ample spectrum with them. With little scope for 5G monetisation, telecom companies do not see the need to spend towards acquiring more spectrum

Telcos are looking for services that fully leverage 5G tech. In the absence of such services, the telcos have no option but to offer 5G services at 4G rates