Tag: airtel

The planned merger between Bharti Airtel and Tata Teleservices’ consumer mobile business is a positive for both the deal participants and the industry as a whole, according to Fitch Ratings. Airtel announced last week that it plans to absorb Tata Teleservices’ consumer mobile business as well as its spectrum assets in the 850-MHz, 1800-MHz and 2100-MHz bands. […]

India’s Bharti Airtel and Idea Cellular have failed to secure a court injunction on a  recent regulatory decision to slash and eventually abolish the interconnection usage charge (IUC). The two operators petitioned the Bombay High Court seeking an order to halt the implementation of regulator Trai’s order to reduce the IUC to 6 paise ($0.001) […]

India’s Bharti Airtel has reported a steep 75% decline in first quarter profit as a result of the intense competition triggered by the entry into the market of Reliance Jio Infocomm. Net profit fell to 3.67 billion rupees ($56.9 million), marking the Indian incumbents third straight quarter of declining income. Revenue meanwhile fell 2.6% to 255.46 billion […]

India’s largest operator by subscribers Bharti Airtel has accused disruptive new market entrant Reliance Jio Infocomm of attempting to distort competition and create a monopoly with its proposal to scrap the current interconnect usage charge (IUC). At an industry consultation held by telecoms regulator Trai to discuss the future direction of India’s planned new national telecoms policy, […]

India’s Bharti Airtel has announced plans to launch VoLTE services later this year to counter new market entrant Reliance Jio Infocomm. Airtel is trialing VoLTE in five cities and plans to become the second operator in the nation after Reliance Jio to launch the technology. The launch could potentially allow Airtel to better compete against […]

India’s Bharti Airtel is closer to completing its acquisition of Telenor’s Indian operations, after securing approval for the proposed merger from the Competition Commission of India (CCI). In a statement to the Bombay Stock Exchange (BSE), Airtel said CCI signed off on the proposed merger on Monday. The announcement comes hot on the heels of […]

Bharti Airtel has revealed plans to invest $2.5 billion in India during the current financial year as the company seeks to build out its 4G network to improve its dominant market position. During an earnings call for the company’s recent financial results, Airtel revealed it doesn’t plan to let its 71.7% decline in Q4 profit […]

India’s Bharti Airtel has called off plans to sell a controlling stake in its infrastructure division Bharti Infratel, but still plans to sell or transfer a minority stake in the company. The company’s board decided  in a meeting held this week not to sell a controlling stake in the division for now. Instead the company […]

India’s Bharti Airtel has reported a steep 54% decline in net income for its fiscal third quarter, as the operator grappled with competitive pressure from disruptive new market entrant Reliance Jio Infocomm. Profit for the quarter ending in December fell to 5.04 billion rupees ($74.1 million), with revenue staying flat at 233.36 billion rupees. Revenues […]