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GSMA appoints Airtel CEO Gopal Vittal as Deputy Chair  The GSMA, a global organisation that represents mobile network operators worldwide, on Monday elected Gopal Vittal, CEO of Bharti Airtel as Deputy Chair among the newly-elected members, for a two-year term beginning January 1, 2023. Jose Maria Alvarez-Pallete Lopez, CEO of Telefonica Group, will continue to be the Chair at the GSMA, the organisation said in a statement. There are 26 members of the GSMA Board. including senior representatives from global mobile operators as well as...
GSMA appoints Airtel CEO Gopal Vittal as Deputy Chair
GSMA appoints Airtel CEO Gopal Vittal as Deputy Chair
Source: IANS
7/11/2022 4:26:53 PM
Bharti Airtel posts Rs 2,978.9 crore net for Q2 Mobile communications major Bharti Airtel Ltd on Monday said it closed the second quarter of FY23 with a higher net profit of Rs 2,978.9 crore. According to Bharti Airtel, the company had posted a consolidated revenue of Rs 34,728.7 crore for Q2FY23 (against Rs 28,435.2 crore in Q2FY22) and a net profit of Rs 2,978.9 crore (Rs 1,998.1 crore in Q2FY22). The company said its average revenue per user for the quarter under review stood at Rs 190 as compared to Rs 153 in Q2'22 owing to f...
Bharti Airtel posts Rs 2,978.9 crore net for Q2
Bharti Airtel posts Rs 2,978.9 crore net for Q2
Source: IANS
31/10/2022 5:32:28 PM
Airtel rolls out 5G Plus in 8 cities, no SIM change required Bharti Airtel on Thursday launched 5G Plus services in eight cities and users will not need to change the SIM card as the existing Airtel 4G SIM is now 5G-enabled. Customers in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi will start enjoying the Airtel 5G Plus services in a phased manner, said the company, as it continues to construct its network and complete the roll out. The company promises between 20 to 30 times higher speeds than the current speed, co...
Airtel rolls out 5G Plus in 8 cities, no SIM change required
Airtel rolls out 5G Plus in 8 cities, no SIM change required
Source: IANS
6/10/2022 3:05:13 PM
Bharti Airtel stock ends 2.68% up after company pays spectrum dues upfront Mumbai, Aug 17  The stocks of Bharti Airtel Ltd ended over 2.5 per cent up on Wednesday after the telecom major paid four years of spectrum dues upfront. At close, the stock ended 2.68 per cent up at Rs 722.95 on the NSE. Earlier on Wednesday, the telecom operator paid Rs 8,312.40 crore to the Department of Telecom (DoT) for 5G spectrum. "The company believes that this upfront payment, coupled with the moratorium on spectrum dues and AGR related payments for four years, wil...
Bharti Airtel stock ends 2.68% up after company pays spectrum dues upfront
Bharti Airtel stock ends 2.68% up after company pays spectrum dues upfront
Source: IANS
17/08/2022 7:30:44 PM
How 5G is shaping up: Largely to be a duopoly with Jio, Bharti With Jio likely rolling out standalone 5G, Bharti Airtel would be under pressure to have a similar network in the coming years, foreign brokerage BofA Securities said in a report. "In our view, this raises the risk of Bharti acquiring 700 MHz in the next auction (pricing likely to be similar to this auction). Even capex investments should be higher - first to roll out NSA and then standalone 5G," the report said. "We hence see 5G-related investments as likely to remain hi...
How 5G is shaping up: Largely to be a duopoly with Jio, Bharti
How 5G is shaping up: Largely to be a duopoly with Jio, Bharti
Source: IANS
6/08/2022 3:00:32 PM