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India may see a mega merger this year, if reports out of the region are correct. Tata Group has long been seeking a way to reconfigure its capital structure and relieve the pressure of its debt, and they may have found a way to do it with the help of the…
India’s largest operator Bharti Airtel beat out disruptive new entrant Reliance Jio Infocomm in April in terms of active subscriber additions for the first time since Jio launched services last September. Analysis from Goldman Sachs finding that Airtel added…
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…
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,…
India’s Bharti Airtel has reported a steep 71.7% decline in net profit for its fiscal fourth quarter to 3.73 billion rupees ($57.6 million), as the company felt the effect of competition from newcomer Reliance Jio Infocomm. Revenue for the quarter declined…
India’s Bharti Airtel has arranged to acquire ISP Tikona Digital’s 4G business for around 16 billion rupees ($244.6 million), to help shore up its ability to compete against Reliance Jio and the combined Vodafone-Idea Cellular. The company will acquire 4G…
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…
Sunil Bharti Mittal, chairman of the GSMA and India’s Bharti Airtel, has called for an end to international roaming charges. Speaking on Monday’s morning keynote session at Mobile World Congress 2017 in Barcelona, the newly elected GSMA chairman said the…
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…
India’s largest mobile operator Bharti Airtel has launched the nation’s first payments bank in all 29 states, using its extensive network of retail stores as banking points. The operator will invest an initial 30 billion rupees ($440.3 million) to develop a…
Indian operators Bharti Airtel and Vodafone are squaring off with Reliance Jio Infocomm and Tata Teleservices in court over regulator Trai’s recent decision to fix interconnection rates. Trai recently set interconnection rates at zero for landline to wireless…
Bharti Airtel is reportedly in advanced negotiations to buy out Telenor’s Indian operations through a debt acquisition deal. Airtel is planning to take on debt of around 15 billion rupees ($219.6 million) from Telenor by way of payment for the purchase.…
India’s largest mobile operator Bharti Airtel has announced it is investing in a new fiber cable between India and Myanmar. The operator plans to use the new fiber asset to offer end-to-end connectivity solutions in the Myanmar market. The 6,500km terrestrial…
Bharti Airtel has reported a 4.9% decline in net profit for its fiscal second quarter, as the operator cut tariffs to prepare for competition from disruptive newcomer Reliance Jio Infocomm. India’s largest operator by subscribers reported a profit for the…
India’s Bharti Airtel has launched a new VDSL vectoring service the company has branded V-Fiber, capable of delivering speeds of up to 100Mbps. The company’s new service has been launched in Chennai, and is being rolled out across Airtel’s national broadband…
India’s Reliance Communications has arranged to merge its mobile business with rival Aircel to create one of India’s top four operators by customers and revenue. The deal is expected to be the largest ever consolidation in the Indian telecoms sector, RCom…
