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Bharti Airtel Ltd (BRTI.BO)

BRTI.BO on Bombay Stock Exchange

18 Aug 2017
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Rs5.05 (+1.21%)
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Latest Key Developments (Source: Significant Developments)

Bharti airtel & Millicom sign deal to combine Ghana ops
Friday, 3 Mar 2017 06:19am EST 

Bharti Airtel Ltd : Says Bharti Airtel and Millicom sign agreement to combine operations in Ghana . Says both companies to have equal ownership and governance rights in combined entity . Says combined network to cover more than 80 percent of Ghana's population with high speed data .Says deal with Millicom for Tigo Ghana Ltd and Airtel Ghana Ltd to combine their operations in Ghana.  Full Article

Nokia & Bharti Airtel to collaborate on 5G and IoT applications
Wednesday, 1 Mar 2017 06:43am EST 

Bharti Airtel Ltd : Nokia and Airtel to collaborate on 5G and IoT applications .Nokia, airtel to leverage Nokia's 5G first end-to-end 5G solution including AirScale radio access portfolio and AirFrame data center platform.  Full Article

Moody's says Bharti's acquisition of Telenor India is credit positive
Friday, 24 Feb 2017 02:02am EST 

Moody's: Moody's: Bharti's acquisition of Telenor India is credit positive . Moody's - Expect that Bharti's profitability will remain under pressure . Moody's - Mobile market in India remains intensely competitive following Reliance Jio Infocomm Limited's launch in September 2016 .Moody's on India telecom sector - Expect intense price competition to persist over the next few quarters.  Full Article

Fitch says Jio prompts more consolidation with Bharti-Telenor deal
Thursday, 23 Feb 2017 05:04am EST 

Fitch: Fitch: Jio prompts more consolidation with Bharti-Telenor deal . Fitch on Indian telecom - Bharti's credit profile will remain unaffected by planned acquisition as benefits from additional spectrum assets will offset spectrum liabilities taken over . Fitch: Bharti could raise funds by monetising a part of its 72% stake in its tower entity, Infratel .Fitch on Indian telecom - Continue to believe that competition will continue to remain high.  Full Article

Bharti will not pay any cash for Telenor's India unit
Thursday, 23 Feb 2017 12:42am EST 

Telenor said: Bharti Airtel will not make any cash payment for Telenor's India unit but takes on future pay commitments for spectrum and mobile phone towers, a Telenor spokesman said . Telenor's accumulated losses since entering India in 2008 have been about NOK 24 billion ($2.87 billion); no more losses triggered by Bharti deal Further company coverage: [TEL.OL][BRTI.NS] ($1 = 8.3505 Norwegian crowns) (Reporting By Terje Solsvik) ((terje.solsvik@thomsonreuters.com;)).  Full Article

Bharti Airtel to buy Telenor India
Wednesday, 22 Feb 2017 10:15pm EST 

Bharti Airtel Ltd : Says Bharti Airtel to acquire Telenor India . Says proposed acquisition will include transfer of all of Telenor India's assets and customers . Says Telenor India's operations and services will continue as normal until completion of transaction . Co to buy Telenor's running operations in 7 circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (east), UP (west) and Assam . Says on completion, proposed acquisition will undergo seamless integration, both on customer as well as network side .Says deal to enable Airtel to further bolster spectrum foot-print in seven circles, with addition of 43.4 MHz spectrum in 1800 MHz band.  Full Article

Firstwave says agreement secured with Nxtra Data
Wednesday, 22 Feb 2017 06:08pm EST 

Firstwave Cloud Technology Ltd - : International expansion with new telco partnership . Agreement secured with india's Bharti Airtel data centre division nxtra data . Firstwave cloud technology - confirms expansion into international markets through agreement with Nxtra Data Ltd, data centre managed services business of Bharti Airtel . First international contracts secured with Telstra Global in singapore and Hong Kong . Capital expenditure for set-up of operations in India is minimal for firstwave . Firstwave will deploy a team to India next month to begin implementation with first revenue expected to be booked in Q1 fy2018 .Revenue from telstra global contracts will be booked in fy2017 and beyond.  Full Article

Bharti Airtel buys strategic stake in FinTech startup Seynse
Wednesday, 22 Feb 2017 05:41am EST 

Bharti Airtel Ltd :Says Airtel acquires strategic stake in FinTech startup Seynse.  Full Article

Bharti Airtel says it welcomes news of proposed alliance between Vodafone and Idea
Tuesday, 31 Jan 2017 04:52am EST 

Bharti Airtel Ltd : says "welcome the news of the proposed alliance between vodafone and idea cellular. " . says important to ensure that such consolidations are not an outcome of a forced situation created by offering an ‘unfair playing filed’ to any particular co . "consolidation is always good, especially for any capital intensive sector with multiple players" Further company coverage: [BRTI.NS] (Bengaluru newsroom) ((Reuters Messaging: Bangalore.newsroom@thomsonreuters.com)).  Full Article

Bharti Airtel Dec quarter consol profit falls about 55 pct
Tuesday, 24 Jan 2017 07:09am EST 

Bharti Airtel Ltd : Dec quarter consol profit 5.04 billion rupees . Bharti Airtel Ltd consensus forecast for Dec quarter consol net profit was 10.87 billion rupees . Bharti Airtel Ltd-Dec quarter consol net sales 233.36 billion rupees . Consol net profit in dec quarter last year was 11.08 billion rupees as per Ind-AS; consol net sales was 240.66 billion rupees .The profit alert was first sourced from TV and was later confirmed from a company press release at the National Stock Exchange.  Full Article

Singtel posts 5.6 pct drop in Q1 profit

SINGAPORE, Aug 11 Singapore Telecommunications Ltd on Friday reported a 5.6 percent drop in first-quarter net profit, hurt by exceptional items and lower contributions from India's Bharti Airtel Ltd, one of its regional associates.