India launches 5G Services
NEW DELHI: Ushering in a new technological era, the Prime Minister, Narendra Modi launched 5G services in Pragati Maidan, New Delhi today. The Prime Minister also inaugurated the sixth edition of the India Mobile Congress and also witnessed the IMC Exhibition that was put on the occasion. Industry leaders expressed their views on this historic […]
Singtel arm sells 1.59% stake in Bharti Airtel for Rs 7,261 crore
NEW DELHI: Pastel Ltd, an entity of Singtel, on Thursday divested 1.59 per cent stake in Bharti Airtel for Rs 7,261 crore through an open market transaction. The stake has been picked by Bharti Airtel’s promoter Bharti Telecom Ltd, as per block deal data with the National Stock Exchange (NSE). According to the data, Pastel […]
OneWeb’s 36 satellites arrive in India ahead of planned launch
NEW DELHI: OneWeb, the low Earth orbit (LEO) satellite communications company, today announced the arrival of 36 satellites at the Satish Dhawan Space Centre (SDSC- SHAR) in advance of a planned launch from Sriharikota, India. With this launch, OneWeb will have over 70% of its planned Gen 1 LEO constellation in orbit as it progresses […]
Airtel set to lead India’s 5G revolution
NEW DELHI: Bharti Airtel today announced that it is set to lead India’s 5G revolution. The telecom company said that it has acquired 19,800 MHz spectrum by securing a pan India footprint of 3.5 GHz and 26 GHz bands. In addition, the company was able to selectively bolster mid-band spectrum. This massive spectrum bank was […]
Airtel institutes ESG Committee of Board of Directors
NEW DELHI: Bharti Airtel Limited (“Airtel”), India’s premier communications solutions provider, today announced that it has formed a Committee of Board of Directors (“ESG Committee”) to sharpen its focus towards its Environmental, Sustainability and Governance (ESG) agenda. Manish Kejriwal, Lead Independent Director on the Board will be the Chairman of the ESG Committee. Other Board […]
Dish TV Rs 10 billion rights issue critical for survival: Company executive
NEW DELHI: Dish TV’s Rs 1,000 crore rights issue is critical for the survival of the DTH company that needs funds to upgrade technology and replace old set-top boxes with the new-age smart connected boxes otherwise its subscriber base would shrink, a top company official said. Dish TV is facing competition from the rapid growth […]
Airtel joins hands with Tata Group for ‘Made in India’ 5G
NEW DELHI: Bharti Airtel, India’s premier communications solutions provider and Tata Group, have announced a strategic partnership for implementing 5G networks solutions for India. Tata Group has developed a ‘state of the art’ O-RAN based Radio & NSA/SA Core and has integrated a totally indigenous telecom stack, leveraging the Group capabilities and that of its […]
Jio, Airtel, Vodafone Idea apply for participating in spectrum auction
NEW DELHI: Telecom operators Bharti Airtel, Reliance Jio and Vodafone Idea on Tuesday submitted applications to participate in the Rs 3.92 lakh crore spectrum auction scheduled to start from March 1, according to official sources. This round of auction will be held for 2,251.25 Megahertz (MHz) in seven frequency bands — 700 Mhz, 800 […]
Airtel launches-Airtel Safe Pay
NEW DELHI: To protect Airtel customers from the growing incidents of online payment frauds, Airtel Payments Bank has launched ‘Airtel Safe Pay’ – India’s safest mode for making digital payments. With ‘Airtel Safe Pay’, Airtel customers making UPI or Netbanking based payments through Airtel Payments Bank, no longer have to worry about money leaving their […]
NSIC, Airtel join forces to accelerate Digital Transformation of Indian MSMEs
NEW DELHI: Bharti Airtel is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), a government of India Enterprise having its mission “to promote and support MSME sector by providing integrated support services encompassing Marketing, Technology, Finance and other […]
Airtel appoints Pradipt Kapoor as CIO
NEW DELHI: Bharti Airtel today announced the appointment of Pradipt Kapoor as Chief Information Officer (CIO). In his new role, Pradipt will drive Airtel’s overall Engineering strategy and be a key player in helping realize the company’s digital vision. He will be member of the Airtel Management Board and report to Gopal Vittal, MD & […]
Jio says Airtel, Vodafone Idea partners sabotaging network;Airtels says Jio’s allegations ‘baseless’,
NEW DELHI: Reliance Jio Infocomm Ltd (RJIL) has said that there are “blatant efforts” to sabotage its network in the garb of farmers’ protest by the channel partners of Bharti Airtel and Vodafone Idea. In letters sent to Anshu Prakash, Secretary, Department of Telecommunications (DoT) and P.D. Vaghela, Chairman, Telecom Regulatory Authority of India (TRAI, […]
Airtel believes ARPU will reach Rs 200 levels in few months: Report
NEW DELHI: Bharti Airtel is of the view that average revenue per users (ARPUs) would have touched Rs 200 already had the pandemic not happened, and believes that the company should get there in the next few months, according to a latest Goldman Sachs report. In a recent note, Goldman Sachs said it had hosted […]
Tariff hike needed as current rates ‘unsustainable’, says Airtel
NEW DELHI: Telecom tariff hike is needed as the current rates are “unsustainable” and market conditions will be seen before a call is taken, telecom czar and chairman of Bharti Airtel Sunil Mittal has said. On the issue of whether or not Chinese telecom equipment vendors will be allowed to participate in next-generation 5G networks, […]
Bharti Airtel to acquire 5.2 per cent stake in Avaada MHBuldhana for Rs 4.55 crore
NEW DELHI: Bharti Airtel on Friday said it will acquire 5.2 per cent stake in solar power company Avaada MHBuldhana for Rs 4.55 crore in an all-cash deal. Avaada MHBuldhana Private Limited is a newly-formed company and developing a captive generating solar power plant in Maharashtra which will become operational by March 2021. It is […]
A 20% price hike estimated to increase Airtel,Jio, and Idea’s ARPU :Motilal Oswal Financial Services
NEW DELHI: According to a telecom sector report from Motilal Oswal Financial Services, discussion with with industry experts indicate that a price hike could be around the corner and may be anticipated soon as economic activity has restarted post the COVID-led lockdown and demand for data consumption is growing unabated. The timing of a price […]