AGR Dues: Telecoms Seek Relief from Interest, Penalty
Telecom operators, including Airtel & Vodafone Idea, seek waivers on interest & penalties related to AGR dues. Supreme Court rulings impact financial stability. Government considers options.
Bharti Airtel Seeks Clarity on AGR Conversion to Equity
Bharti Airtel seeks clarity on converting AGR dues into equity for a level playing field. Plans to expand home broadband and data centers despite reduced mobile network investments. Reports revenue growth.
Tata Play: Buyer Search Resumes After Airtel Merger Fails
Tata Group restarts buyer search for Tata Play after merger talks with Airtel collapse due to valuation differences. Airtel focuses on IPTV and 5G, diminishing DTH merger appeal. Tata aims to exit DTH.
Airtel completes landing of SEA-ME-WE-6 submarine cable in Chennai
This complements our existing network strength of 400,000 Rkms across 50 countries," Sinha said, adding that the move underlines Bharti Airtel's commitment to address Digital India's growing demand for global connectivity and data with additional routes, diversity and capacity.
Airtel capex to fall sharply as 5G rollout comes to an end
Bharti Airtel’s annual capital expenditure will fall sharply in FY25 and FY26 compared with the record Rs 33,000 crore seen in FY24, as the nation’s second-largest telco has concluded its 5G rollout and won’t be spending extra cash on 4G capacity expansion going forward, its vice-chairman and managing director Gopal Vittal said.
Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costs
“Our focus on speed and quality execution is enabling us to unlock substantial opportunities for growth across our markets and business segments, where demand remains significant, resulting in a further acceleration of constant currency revenue growth in the most recent quarter,” Airtel Africa CEO Sunil Taldar said in an official statement.