Airtel shares fall nearly 2%; mcap declines by Rs 1,918 crore
Shares of Bharti Airtel on Wednesday fell nearly 2 percent after the company reported its lowest profit in four years as demonetisation and intense competition with Reliance Jio hit revenues.
Jan 25, 2017, 16:56 PM IST
Reliance Jio impact: Bharti Airtel Q3 net profit dips 54% to Rs 503.7 crore
In a first major blow to telecom operators, India's leading service provider Bharti Airtel on Tuesday reported a 54 percent dip in its net profit for the October-December quarter due to turbulence from Mukesh Ambani's Reliance Jio.
Jan 24, 2017, 19:32 PM IST
Attorney General clears way for Rs 3,050 crore penalty on Airtel, Voda, Idea
Paving the way for Rs 3,050 crore cumulative penal action on telecom operators Bharti Airtel, Vodafone and Idea Cellular, the Attorney General is learnt to have opined that the Department of Telecom has power to impose penalty on grounds of poor quality of service.
Jan 12, 2017, 23:30 PM IST
Airtel Payments Bank launches nationwide operations
Finance Minister Arun on Thursday launched the Airtel Payments Bank. Airtel Payments Bank launched its nationwide operations with an initial investment of Rs 3,000 crore and offering an interest rate of 7.25 per cent for savings accounts.
Jan 12, 2017, 18:30 PM IST
After pilot services, Airtel to officially launch its Payments Bank Thursday
For the same, Airtel has sent out a media invite which reads “For the launch of Airtel Payments Bank – India's first payments bank by Arun Jaitley”.
Jan 11, 2017, 19:35 PM IST
Now, Airtel offers free 3GB of 4G data every month till December, 2017
Keeping up with the tough competition provided by other telecom service providers, the country's largest telco on has announced free data for 12 months to its 4G customers.
Jan 03, 2017, 17:34 PM IST
Airtel challenges TRAI decision to allow Reliance Jio continue with promo even after 90 days
Charging telecom regulator as acting mute spectator to violations by Mukesh Ambani-led Reliance Jio, Bharti Airtel moved telecom TDSAT.
Dec 26, 2016, 10:50 AM IST
Good news for Airtel customers - Now enjoy free data for three months
It appears there will be no end to offers from telecom operators in the wake of Reliance Jio extending its Welcome Offer to New Year offer till March 2017.
Dec 21, 2016, 21:00 PM IST
Airtel takes on Reliance Jio, offers unlimited voice calling, 18GB 3G/4G data at just Rs...
The company has offered unlimited voice calling (local and STD) and a huge 18GB 3G/4G data.
Nov 23, 2016, 19:30 PM IST
Airtel opens India's first Payments Bank, starts pilot services in Rajasthan
Airtel Payments Bank is a subsidiary of Bharti Airtel. The bank will offer interest rate of 7.25 percent per annum on deposits in savings accounts.
Nov 23, 2016, 18:35 PM IST
Airtel targets to install 1.6 lakh mobile sites in 3 years
Telecom operator Bharti Airtel on Monday said it has set a target to install 1.6 lakh mobile sites and reduce 70 per cent carbon footprint through green initiatives in next three years.
Nov 14, 2016, 21:12 PM IST
Reliance Jio skips COAI executive meet to oppose voting norms
The infighting within the cellular operators association is showing no signs of let-up, with newcomer Reliance Jio deciding not to participate in COAI's quarterly executive committee meeting held late last week.
Nov 13, 2016, 17:40 PM IST
Airtel provides over 7,000 more interconnection points to Reliance Jio
Bharti Airtel on Thursday said it has provided over 7,000 additional points of interconnect (PoIs) to Reliance Jio, taking the total number of PoIs provided till date to over 17,000.
Nov 03, 2016, 18:27 PM IST
Zain Telecom to pay Bharti Airtel $129 million for settling disputes
Bharti Airtel Thursday said Zain Telecom, the company whose African business it had acquired for USD 10.7 billion six years ago, will pay around USD 129 million for the settlement of its various claims and disputes in Nigeria.
Nov 03, 2016, 12:59 PM IST
PoI penalty issue: Airtel hopeful of objective outcome
Reassuring of having done everything 'humanly' possible to augment connectivity between its network and newcomer Reliance Jio, Bharti Airtel on Tuesday said it hopes of 'objective outcome' on TRAI's suggested imposition of Rs 1,050 crore penalty over interconnect issue.
Nov 01, 2016, 16:08 PM IST
Reliance Jio Offer: Airtel urges TRAI to look into matter, says nothing can be free forever
India's leading telecom services provider Bharti Airtel on Wednesday took exception to free voice calls offered by Reliance Jio and said nothing could be free forever.
Oct 26, 2016, 18:38 PM IST
Bharti Airtel Q2 net profit drops 4.9% to Rs 1,461 crore
India's leading telecom service provider Bharti Airtel on Tuesday reported 4.9 percent drop in its consolidated net profit at Rs 1,461 crore in the September quarter, mainly on account of increased spectrum related costs and devaluation of Nigerian currency.
Oct 25, 2016, 20:55 PM IST
Trai recommends Rs 3,050 crore fine on Airtel, Vodafone, Idea for denying interconnection facility
Telecom regulator Trai on Friday recommended a total penalty of Rs 3,050 crore on incumbent players Bharti Airtel, Vodafone and Idea Cellular for denying interconnection facility to newcomer Reliance Jio Infocomm.
Oct 21, 2016, 21:55 PM IST
Nokia bags $230 million 4G network deal from Airtel in 9 circles
Telecom gear maker Nokia has bagged USD 230-million 4G network deal from Bharti Airtel in nine telecom service areas.
Oct 17, 2016, 17:57 PM IST
High cost of spectrum is credit negative for telecom players: Moody's
High cost of spectrum following the recent auction is credit negative for telecom operators, as the debt levels will rise further, Moody's Investors Service said on Friday.
Oct 14, 2016, 20:59 PM IST
