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. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched new postpaid plans last week, […]
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India’s second-ranking mobile-phone operator Bharti Airtel announced Thursday that it would receive a $ 1billion investment from Google as part of its Google for India Digitization Fund. As such, the investment includes an equity investment and a range for commercial agreements during the next five years, while Google will make a $700 million equity investment […]
On Wednesday, India’s largest telecom operator Bharti Airtel said the unit managing its Africa operations is considering a potential initial public offering (IPO). According to local media reports, Airtel public relations manager David Birungi confirmed this but did not go into details, saying the company will inform the public when negotiations are complete. As such, […]
Indian multinational telecommunications services company Bharti Airtel and Hughes Communications India Pvt (HCIPL), a majority-owned subsidiary of Hughes Network Systems LLC, announced the establishment of a collaborative venture to provide satellite broadband services in India. As such, the JV combines the Very Small Aperture Terminal (VSAT) businesses of both companies to offer scalable enterprise networking […]
Telecom operator Bharti Airtel and IT major Tata Consultancy Services partnered to build a 5G-based remote working technology using robotics, according to a press release from the digital communications solution provider. While both companies are operating the trials in Airtel’s 5G lab at Manesar, these solutions will allow remote robotic operations in possibly dangerous environments […]
MTN Nigeria kicked off its IPO for retail investors, placing 575 million of its shares up for grab, capped at $0.41 per share, according to the operator. As such, MTN Group President and CEO Ralph Mupita said: “With this offer, we will contribute to the further deepening of Nigeria’s equity capital markets. It is the […]
Indian Telecom operator Bharti Airtel and Swedish vendor Ericsson initiated a plan of what seems to be India’s first rural 5G network trial, enabling access to high broadband in the areas. Initiated in the village Bhaipur Bramanan by using a 5G trial spectrum given to Airtel from India’s Department of Telecom, the trial could hold […]
Airtel Africa, the wireless operator, has announced that its subsidiary Airtel Nigeria has initiated a process to buy back the 8.27 percent minority shareholdings at $0.13 per share. The total consideration is estimated to be $0.15 billion, using an exchange rate of NGN 413.38 per US dollar, assuming that all the minority shareholders decide to […]
As India’s networking market evolved in Q2 2021, the country’s Department of Telecommunications (DoT)brutally edged down its sword on telcos Vodafone Idea (VI) and comrade Bharti Airtel by forcing them to pay heavy fines in three weeks concerning flouting of license terms. This harsh decision could not have been taken in a more critical time […]
Indian operator Bharti Airtel publicized Monday its approach to fight climate change by reducing 50 percent of greenhouse gas (GHG) emissions spread across its complete network operations. India’s homegrown telco promised to fundamentally decrease its carbon footprint and emission from its operations to reach climate-sympathetic aims via multitudes of interventions to diminish the company’s role […]