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Airtel to Complete 5G Rollout in Urban Areas in 2023; Expects Network Investment to Be Around Rs. 28,500 Crore
Bharti Airtel expects to complete the 5G rollout in urban areas and some key rural pockets this year and expects the investment in networks to hover around Rs. 28,500 crore, a senior official of the company said on Wednesday.
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Jio's Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan
The launch of cheaper postpaid plans with unlimited 5G by Reliance's Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday.
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SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report
Ant Group and SoftBank are discussing selling their stakes in Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported. Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communicat...
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Bharti Airtel Records 89 Percent Jump in Q2 Profit Amid Higher Subscriber Realisation
Bharti Airtel, India's second largest telecom operator, posted an 89 percent year-on-year rise in consolidated net profit for second quarter ended September 2022 to Rs. 2,145 crore. The total revenue rose 22 percent YoY to Rs. 34,527 crore.
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Reliance Jio Reports 24 Percent Rise in Q2 Profit to Rs. 4,335 Crore, Ahead of Upcoming 5G Auction: Details
Reliance Jio has reported a nearly 24 percent year-on-year rise in its standalone net profit to Rs 4,335 crore for Q2 2022, the firm revealed on Friday. The announcement comes ahead of the upcoming 5G spectrum auction in the country, where the operator has submitted an earnest money deposit (EMD) of Rs. 14,000 crore. Meanwhile, rival Bharti Airtel ...
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Bharti Airtel Registers Two-Fold Jump in Its Consolidated Net Profit for March Quarter
Bharti Airtel, India's second largest telecom operator, on Tuesday posted over two-fold jump in its consolidated net profit to Rs. 2,008 crore for the March quarter. The net profit stood at Rs. 759 crore in the year-ago period.
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Airtel Reports Decline in Q3 Net Profit by 2.8 Percent
Bharti Airtel said its consolidated net profit declined by 2.8 percent to Rs. 830 crore in the third quarter of the current financial year as compared with Rs. 854 crore recorded in the corresponding period of the previous year.
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Airtel Rides Pandemic-Induced Subscriber Gain to Report Quarterly Profit
Airtel swung to a quarterly profit as the Indian telecom firm added more subscribers and saw higher data usage during the coronavirus-led work-from-home trend.
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Airtel Posts Massive Loss in Last Quarter, Hints at a Tariff Hike
Airtel continues to bleed with the Sunil Mittal company posting a consolidated net loss of Rs. 1,035 crores in Q3 (Oct-Dec) against a net profit of Rs. 86 crores in the same period of the last fiscal.
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Government Said to Form Panel to Address Telecom Woes
India has formed a panel of bureaucrats to suggest ways to alleviate financial pressures on the telecoms sector, a ministry source said on Tuesday.
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Reliance Jio to Focus on Subscriber Numbers Not Tariffs
Reliance Industries plans to remain focused on subscriber additions rather than chase higher tariffs for its Jio telecoms business, a top company executive said.
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Airtel Says Mobile Data Traffic Surged 355 Percent, Reports Net Income Drop
Airtel had registered a net profit of Rs. 367 crores in the same period a year ago.
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Jio Vs Airtel Vs Vodafone Vs Idea: Cheapest Prepaid Recharge Plans Compared
Reliance Jio, Vodafone, Idea, and Airtel all offer competitive prepaid recharge plans.
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Samsung Galaxy S9, S9 Plus: Airtel Vs Reliance Jio Offers
While Airtel offers Samsung Galaxy S9, S9 plus for Rs 9,999 down payment, Reliance Jio offers 1 TB data for a year for Rs 5,000
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Airtel Offers Samsung Galaxy S9, S9+ On Down Payment Of Rs 9,900 With Unlimited Calling, Data Rollover Facilities
Bharti Airtel is offering Samsung Galaxy S9 and Samsung Galaxy S9+ starting from a down payment of Rs 9,900.
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Airtel to Complete 5G Rollout in Urban Areas in 2023; Expects Network Investment to Be Around Rs. 28,500 Crore
Bharti Airtel expects to complete the 5G rollout in urban areas and some key rural pockets this year and expects the investment in networks to hover around Rs. 28,500 crore, a senior official of the company said on Wednesday.
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Jio's Unlimited 5G Plans Put Airtel on Back Foot in India, Delay Profits: JP Morgan
The launch of cheaper postpaid plans with unlimited 5G by Reliance's Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday.
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SoftBank, Ant Group to Sell Paytm Stakes via Block Deal After Failed Talks With Bharti Airtel Founder: Report
Ant Group and SoftBank are discussing selling their stakes in Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported. Shareholders and investment banks representing Ant and Softbank had earlier approached Bharti Airtel founder-chairman Sunil Mittal with an offer to sell their stakes in One 97 Communicat...
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Bharti Airtel Records 89 Percent Jump in Q2 Profit Amid Higher Subscriber Realisation
Bharti Airtel, India's second largest telecom operator, posted an 89 percent year-on-year rise in consolidated net profit for second quarter ended September 2022 to Rs. 2,145 crore. The total revenue rose 22 percent YoY to Rs. 34,527 crore.
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Reliance Jio Reports 24 Percent Rise in Q2 Profit to Rs. 4,335 Crore, Ahead of Upcoming 5G Auction: Details
Reliance Jio has reported a nearly 24 percent year-on-year rise in its standalone net profit to Rs 4,335 crore for Q2 2022, the firm revealed on Friday. The announcement comes ahead of the upcoming 5G spectrum auction in the country, where the operator has submitted an earnest money deposit (EMD) of Rs. 14,000 crore. Meanwhile, rival Bharti Airtel ...
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Bharti Airtel Registers Two-Fold Jump in Its Consolidated Net Profit for March Quarter
Bharti Airtel, India's second largest telecom operator, on Tuesday posted over two-fold jump in its consolidated net profit to Rs. 2,008 crore for the March quarter. The net profit stood at Rs. 759 crore in the year-ago period.
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Airtel Reports Decline in Q3 Net Profit by 2.8 Percent
Bharti Airtel said its consolidated net profit declined by 2.8 percent to Rs. 830 crore in the third quarter of the current financial year as compared with Rs. 854 crore recorded in the corresponding period of the previous year.
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Airtel Rides Pandemic-Induced Subscriber Gain to Report Quarterly Profit
Airtel swung to a quarterly profit as the Indian telecom firm added more subscribers and saw higher data usage during the coronavirus-led work-from-home trend.
-
Airtel Posts Massive Loss in Last Quarter, Hints at a Tariff Hike
Airtel continues to bleed with the Sunil Mittal company posting a consolidated net loss of Rs. 1,035 crores in Q3 (Oct-Dec) against a net profit of Rs. 86 crores in the same period of the last fiscal.
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Government Said to Form Panel to Address Telecom Woes
India has formed a panel of bureaucrats to suggest ways to alleviate financial pressures on the telecoms sector, a ministry source said on Tuesday.
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Reliance Jio to Focus on Subscriber Numbers Not Tariffs
Reliance Industries plans to remain focused on subscriber additions rather than chase higher tariffs for its Jio telecoms business, a top company executive said.
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Airtel Says Mobile Data Traffic Surged 355 Percent, Reports Net Income Drop
Airtel had registered a net profit of Rs. 367 crores in the same period a year ago.
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Jio Vs Airtel Vs Vodafone Vs Idea: Cheapest Prepaid Recharge Plans Compared
Reliance Jio, Vodafone, Idea, and Airtel all offer competitive prepaid recharge plans.
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Samsung Galaxy S9, S9 Plus: Airtel Vs Reliance Jio Offers
While Airtel offers Samsung Galaxy S9, S9 plus for Rs 9,999 down payment, Reliance Jio offers 1 TB data for a year for Rs 5,000
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Airtel Offers Samsung Galaxy S9, S9+ On Down Payment Of Rs 9,900 With Unlimited Calling, Data Rollover Facilities
Bharti Airtel is offering Samsung Galaxy S9 and Samsung Galaxy S9+ starting from a down payment of Rs 9,900.
