Bharti Airtel posts Rs 854 crore profit after six straight quarters of loss
Bharti Airtel had slipped into loss in the second quarter of 2019-20 after making provision of Rs 28,450 crore for adjusted gross revenue following a Supreme Court order. The company had posted its biggest net loss of Rs 23,045 crore in the quarter ended September 2019.
Feb 04, 2021, 08:52 AM IST
WhatsApp's India rival Hike shuts down messaging service
The company's chief executive officer Kavin Bharti Mittal announced the shutdown of its operations recently.
Jan 19, 2021, 09:23 AM IST
Jio alleges rivals inciting public by portraying it anti-farmer; Airtel, VIL refute charges
The country''s biggest telecom operator in a letter to the Telecom Regulatory Authority of India (Trai) has sought strict action against the two companies and said that such acts of the rival companies can jeopardise safety and security of Jio''s employees.
Dec 15, 2020, 12:37 PM IST
Airtel new Xstream broadband plans starting at Rs 499 – All you need to know
The Airtel Xstream bundle will be available to customers from September 7.
Sep 07, 2020, 09:26 AM IST
Telcos have 10 years to pay Adjusted Gross Revenue dues: Here're 10 points to understand the issue
The apex court asked telcos to pay 10 per cent of the AGR-related dues by March 31, 2021.
Sep 01, 2020, 16:32 PM IST
SC grants 10-year time to telecos to pay AGR-related dues to DoT
The apex court said telecos should pay 10 per cent of the AGR-related dues by March 31, 2021.
Sep 01, 2020, 12:37 PM IST
Carlyle to acquire about 25% stake in Airtel’s Data Centre business for $1.2 billion
Nxtra from Airtel offers secure data centre services to leading Indian and global enterprises, hyperscalers, start-ups, SMEs and governments.
Jul 01, 2020, 09:42 AM IST
Amazon in initial talks to buy $2 billion stake in Bharti Airtel: Sources
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India`s digital economy.
Jun 05, 2020, 01:35 AM IST
Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 crore to institutional investors
The sale proceeds will be fully utilised to repay debt at Bharti Telecom and will make the promoter holding company a 'debt free company', it said.
May 26, 2020, 17:57 PM IST
Bharti Airtel slips into red; posts Rs 5,237 crore loss in Q4
The company had posted a profit of Rs 107.2 crore in the same period a year ago.
May 19, 2020, 10:23 AM IST
Finance Ministry nod for relief to telcos unlikely
If the Prime Minister`s Office (PMO) decides on such a cut, it will be a different thing. But at the consultation level, the FinMin will state its precarious revenue position.
Feb 23, 2020, 11:55 AM IST
Days after SC rap, Airtel pays Rs 10,000 crore to DoT as part of its AGR dues
It is to be noted that Airtel owes a total of Rs 35,500 crore to the Centre as spectrum charges and licence fee, reported PTI.
Feb 17, 2020, 11:43 AM IST
Airtel, Vodafone Idea, Tata Teleservices likely to pay AGR dues on Monday: DoT sources
Telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make payment for adjusted gross revenue (AGR) dues on Monday to avoid stringent punitive action from the Telecom Department, according to official sources.
Feb 16, 2020, 19:31 PM IST
Department of Telecommunications orders Bharti Airtel, Vodafone Idea and other telecom companies to clear dues by 11.59 pm on Friday
The Department of Telecommunications (DoT) on Friday ordered Bharti Airtel, Vodafone Idea, and other telecom companies to clear their dues by 11.59 pm on Friday.
Feb 14, 2020, 18:39 PM IST
BREAKING NEWS: Who is creating this nonsense; is there no law left in country: SC slams telecom companies over dues
A bench headed by Justice Arun Mishra also warned the telecom companies that the court may initiate contempt proceedings against them and government officials for not complying with it`s order.
Feb 14, 2020, 12:26 PM IST
Anti-CAA protests: Vodafone suspends internet services in Delhi
Telecom service provider Bharti Airtel`s customer care on Thursday (December 19) informed its customers that it had suspended voice calls, SMS and internet services in parts of the national capital following the protests against a new Citizenship Amendment Act
Dec 19, 2019, 13:16 PM IST
Bharti Airtel, Vodafone Idea to hike tariffs from December 1
The ongoing telecom crisis is set to hit the customers hard with two of the country`s largest telcos -- Bharti Airtel and Vodafone -- deciding to hike tariffs from December 1 after they posted historic losses on account of provisioning for the AGR pending dues.
Nov 18, 2019, 20:50 PM IST
Airtel slips into Rs 23,045 crore Q2 net loss on AGR hit
Airtel's net loss exceeded its consolidated revenue from operations which grew 4.9 per cent year on year to Rs 21,131 crore in the September quarter.
Nov 14, 2019, 23:01 PM IST
Vodafone Idea India's largest mobile operator, Jio 2nd largest; adds 85.3 lakh users in July: TRAI
Reliance Jio had 339794939 telecom subscribers in July as compared to 331255614 subscribers in June 2019.
Sep 18, 2019, 17:00 PM IST
Jio tops 4G chart with 21.3 mbps download speed; Vodafone in upload in August: TRAI
Reliance Jio was the fastest 4G operator in 2018 with highest average download speed in all 12 months, the telecom regulator data showed.
Sep 17, 2019, 12:00 PM IST
