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Bharti Airtel Ltd (BRTI.NS)

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Latest Key Developments (Source: Significant Developments)

Bharti Airtel urges TRAI to find a way to curb massive asymmetric traffic
Friday, 9 Sep 2016 06:57am EDT 

Bharti Airtel Ltd : Says traffic will inevitably get to a more balanced level and POIs will be less of an issue . Has always provided points of interconnect to other operators, fully compliant with all regulatory guidelines and licence conditions" . Grateful to TRAI for enabling "constructive dialogue today on matter of providing POIs to Reliance Jio and appreciating all the issues on the table" . We would request the TRAI to also engage on the subject of a fair IUC regime" . Says none of the new operators, who have launched services in the last few years, have faced any POI related issues with airtel . Urge the TRAI to find a way to curb the massive asymmetric traffic . Request TRAI to engage on subject of fair IUC regime, ensure that practice of pricing in compliance with 30th amendment of telecom tariff order . Following commercial charging of services by Reliance Jio traffic will inevitably get to a more balanced level and pois will be less of an issue . Says in the interim, co to continue "to augment the hundreds of POIs already given to Reliance Jio . IUC is an effective tool in the hands of TRAI, which we hope they will use judiciously".  Full Article

Bharti Airtel says HC division of Bangladesh supreme court approved merger of Airtel Bangaldesh into Robi Axalta
Thursday, 1 Sep 2016 07:53am EDT 

Bharti Airtel Ltd : High court division of Bangladesh supreme court approved merger of Airtel Bangaldesh into Robi Axalta .  Full Article

Bharti Airtel adds about 1.07 mln subscribers in July - industry body
Tuesday, 23 Aug 2016 02:12am EDT 

CELLULAR OPERATORS ASSOCIATION OF INDIA: Bharti Airtel Ltd adds about 1.07 million subscribers in July - industry body . Vodafone India unit adds 326,557 subscribers in July - industry body . Idea Cellular Ltd adds 256,170 subscribers in July - industry body . Aircel adds 403,603 Mobile subscribers in July - industry body . Telenor India unit adds 19,049 subscribers in July - industry body . Further company coverage [BRTI.NS IDEA.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Verizon Digital Media Services partners with Airtel to launch new points of presence
Tuesday, 2 Aug 2016 06:00am EDT 

Verizon Digital Media Services : Verizon Digital Media Services partners with Airtel to further expand into India with four new points of presence .  Full Article

Bharti Airtel says June-qtr India mobile services revenue at 150.53 bln rupees
Wednesday, 27 Jul 2016 07:51am EDT 

Bharti Airtel Ltd : Says June-quarter India mobile services revenue 150.53 billion rupees . Says June-quarter India ARPU 196 rupees . Says June-quarter India monthly churn 3.6 percent . Says June-quarter Africa ARPU $3.8 . Says June-quarter consol net debt 834.92 billion rupees .  Full Article

Bharti Airtel June-qtr India revenues up 10.3 pct on underlying basis
Wednesday, 27 Jul 2016 07:50am EDT 

Bharti Airtel Ltd : June-quarter India revenues up 10.3%; Africa growth of 3.8% y-o-y on underlying basis . June-quarter consolidated mobile data revenues at INR 46.40 billion, up 34.1% y-o-y . June-quarter consol EBITDA margin at 37.5%, up by 2.7% y-o-y .  Full Article

Bharti Airtel June-qtr profit down about 31 pct
Wednesday, 27 Jul 2016 07:48am EDT 

Bharti Airtel Ltd : June-quarter consol net profit 14.62 billion rupees . Consensus forecast for June-quarter net profit was 11.59 billion rupees . June-quarter consol net sales 255.47 billion rupees . Consol net profit in June quarter last year was 21.13 billion rupees as per Ind-AS; consol net sales was 236.71 billion rupees . The profit alert was first sourced from TV and later confirmed from a press release at the NSE .  Full Article

Bharti Airtel seeks members' nod for appointment of Rakesh Bharti Mittal as director
Monday, 25 Jul 2016 11:35pm EDT 

Bharti Airtel Ltd : Says seeks members' nod for appointment of Rakesh Bharti Mittal as a director liable to retire by rotation . Says seeks members' nod for re-appointment of Sunil Bharti Mittal as the chairman of the company .  Full Article

Bharti Airtel adds about 1.4 mln subscribers in June - industry body
Monday, 18 Jul 2016 02:51am EDT 

Cellular Operators Association of India: Bharti airtel ltd adds 1.4 million subscribers in June - industry body . Vodafone India unit adds 701,567 subscribers in June - industry body . Idea cellular ltd adds 689,143 subscribers in June - industry body . Telenor India unit adds 32256 subscribers in June - industry body . Aircel adds 672963 Mobile subscribers in June - industry body .  Full Article

Bharti Airtel says Apollo Hospitals and Airtel Africa to launch "Ask-Apollo"
Tuesday, 12 Jul 2016 02:03am EDT 

Bharti Airtel Ltd : Apollo Hospitals and airtel Africa sign mou to enhance healthcare cooperation across Africa; will launch "ask-apollo" .  Full Article

Morning News Call - India, September 26

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09262016.pdf FACTORS TO WATCH 10:00 am: Prime Minister Narendra Modi and Science & Technology and Earth Sciences Minister Harsh Vardhan to present the Council of Scientific & Industrial Research awards in New Delhi. 3:30 pm: Foreign Investment Promotion Board meets to consider 16 FDI proposals in New Delhi. GMF-ASIA LIVECHAT-ENERGY FOCUS-Corne