Creative Bharat
NEW DELHI: Puttting an end to his ‘big plans’ in the telecom business, Adani Group chairman Gautam Adani decided to move out of the competitive and capital-heavy sector. And, he has decided to sell the airwaves, acquired in 2022 auctions, to Bharti Airtel.Adani Data Networks acquired 400 MHz spectrum in 26GHz band for about Rs […]
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound in equities, with HDFC Bank and Bharti Airtel emerging as the top gainers.The BSE benchmark Sensex rallied 3,395.94 points or 4.51 per cent, while the NSE Nifty surged 1,023.1 points or 4.48 per […]
NEW DELHI: Bharti Airtel and subsidiary Bharti Hexacom have prepaid an additional Rs 5,985 crore of high-cost spectrum liabilities to govt, the telco said on Wednesday. Airtel’s subsidiary Network i2i has also voluntarily called and redeemed $1 billion in ‘perpetual debt securities’. Source link
NEW DELHI: The combined market capitalisation of nine of India’s top-10 most-valued companies rose by Rs 3,06,243.74 crore last week, driven by a strong rally in equities. ICICI Bank and Bharti Airtel recorded the highest gains.The surge followed an upbeat week in the stock markets, with the BSE Sensex climbing 3,076.6 points (4.16 percent) and […]
NEW DELHI: Airtel gained a significant edge in the domestic telecom market by striking an agreement with Elon Musk’s Starlink to market the broadband and internet satellite services of the American company, while also using the latter’s network to supplement its coverage across the country.Work on the partnership will, however, start only after Starlink – […]
NEW DELHI: Airtel scored a massive edge in the domestic telecom market by striking an agreement with Elon Musk’s Starlink satcom venture, announcing a deal on Tuesday to market the broadband and internet satellite services of the American company while also using its network to supplement its coverage across the country.However, the work on the […]
NEW DELHI: Bharti Airtel on Thursday reported over five-fold jump in consolidated net profit to Rs 16,135 crore, boosted by consolidation of the Indus Tower business and benefits of tariff hikes. The company had posted a consolidated profit of Rs 2,876 crore in the year-ago period.The country’s second-largest telecom company posted quarterly revenue from operations […]
NEW DELHI: Bharti Airtel on Monday reported a 168% growth in second quarter earnings, led by higher tariffs. The telco also announced a road map for leadership transition from January 2026, that will see COO Shashwat Sharma take the role of CEO and MD, with incumbent Gopal Vittal, 58, becoming executive vice-chairman.Airtel said consolidated net […]
