Bharti Airtel Debt
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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
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Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
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Airtel, Vodafone Idea, Others Face Rs. 1.4 Lakh Crores Payout After Supreme Court Order
Bharti Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.4 lakh crore following a Supreme Court order that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
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Bharti Telecom To Get Rs 2,649 Crore Investment From Singapore's Singtel
The transaction is subject to the shareholders' approval of Bharti Telecom and the funds raised will be used towards debt reduction, Bharti Airtel said.
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Airtel Sells $508 Million Stake To Survive Price War Started By Jio
Telecom giant Bharti Airtel sold a half-billion-dollar stake in its mobile tower business to help shrink its debt worth Rs 91,480 crore.
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Airtel Offloads Bharti Infratel Shares For Rs 3,325 Crore
Airtel will primarily use the proceeds from this sale to pare its debt, a company statement said.
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Airtel Plans To Sell 3.7% Stake In Mobile Tower Unit For Rs 2500 Crore: Report
The divestment will help Bharti Airtel lower its debt, sources told Press Trust of India.
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Jio Rivals Say Government Policy Should Allow Telcos to Cover Costs
Reliance Jio earlier this week, however, ascribed the financial stress in the telecom sector to existing operators like Bharti Airtel and Idea running businesses on debt and investing heavily in unrelated sectors.
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Anil Ambani's Reliance Communications Hit By Debt, Competition
Subscribers have dwindled in the past five years as larger rivals such as Bharti Airtel Ltd. and Vodafone Plc slashed call rates and offered higher speed data.
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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
-
Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
-
Airtel, Vodafone Idea, Others Face Rs. 1.4 Lakh Crores Payout After Supreme Court Order
Bharti Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.4 lakh crore following a Supreme Court order that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
-
Bharti Telecom To Get Rs 2,649 Crore Investment From Singapore's Singtel
The transaction is subject to the shareholders' approval of Bharti Telecom and the funds raised will be used towards debt reduction, Bharti Airtel said.
-
Airtel Sells $508 Million Stake To Survive Price War Started By Jio
Telecom giant Bharti Airtel sold a half-billion-dollar stake in its mobile tower business to help shrink its debt worth Rs 91,480 crore.
-
Airtel Offloads Bharti Infratel Shares For Rs 3,325 Crore
Airtel will primarily use the proceeds from this sale to pare its debt, a company statement said.
-
Airtel Plans To Sell 3.7% Stake In Mobile Tower Unit For Rs 2500 Crore: Report
The divestment will help Bharti Airtel lower its debt, sources told Press Trust of India.
-
Jio Rivals Say Government Policy Should Allow Telcos to Cover Costs
Reliance Jio earlier this week, however, ascribed the financial stress in the telecom sector to existing operators like Bharti Airtel and Idea running businesses on debt and investing heavily in unrelated sectors.
-
Anil Ambani's Reliance Communications Hit By Debt, Competition
Subscribers have dwindled in the past five years as larger rivals such as Bharti Airtel Ltd. and Vodafone Plc slashed call rates and offered higher speed data.
