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Bharti Airtel Ltd (BRTI.NS)

BRTI.NS on National Stock Exchange of India

20 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Bharti Airtel terms Reliance Jio allegations false
Thursday, 20 Jul 2017 08:52am EDT 

July 20 (Reuters) - Bharti Airtel Ltd :Bharti Airtel -"by proposing transition to 'bill and keep' regime with zero MTC, Reliance Jio wants to simply transfer its cost to Airtel and other operators".Bharti Airtel says as per current estimates, cost for "bill and keep" with zero MTC would be to tune of INR 150 billion to INR 200 billion per year for industry.Bharti Airtel - cost transfer will allow Reliance Jio to price its services in a predatory manner to kill rest of industry and create a monopoly.Bharti Airtel - "allegations made by Reliance Jio regarding Airtel earning excess revenue from MTC are not only false but laughable".  Full Article

India's Bharti Airtel to invest 20 bln rupees in services including digital over next 3 yrs
Monday, 10 Jul 2017 05:57am EDT 

July 10 (Reuters) - India's Bharti Airtel :Exec says to invest 20 billion rupees in services including digital over next 3 years.Exec says investment will be in revamping stores, upgrading its app and improving its postpaid services.Exec says will provide mobile phone insurance.Exec says customers can carry forward unused data of up to 200 GB per customer per month.  Full Article

COAI releases May subscriber data
Friday, 16 Jun 2017 08:07am EDT 

June 16 (Reuters) - COAI::Reliance Jio total subscriber figures 112.2 million as of May - Industry body.Vodafone India unit adds 1.1 million subscribers in May - Industry body.Adds 190,043 subscribers in May - Industry body.Adds 2.1 million subscribers in May - Industry body.Aircel adds 173,091 mobile subscribers in May - industry body.  Full Article

COAI says Gopal Vittal re-elected as chairman
Friday, 16 Jun 2017 07:00am EDT 

June 16 (Reuters) - Cellular Operators Association of India::Gopal Vittal, managing director & chief executive officer (India and South Asia) of Bharti Airtel Ltd was re-elected as the chairman of COAI.Sunil Sood, MD & CEO- Vodafone India Ltd , will continue as the vice-chairman of COAI.  Full Article

Bharti Airtel says CCI approves proposed merger of Telenor (India) Communications with CO
Tuesday, 6 Jun 2017 01:16am EDT 

June 6 (Reuters) - Bharti Airtel Ltd :Says CCI approves proposed merger of Telenor (India) Communications Pvt Ltd with Bharti Airtel Ltd.  Full Article

Bharti Airtel gets SEBI, stock exchange nod for merger with Telenor India
Thursday, 1 Jun 2017 07:51am EDT 

June 1 (Reuters) - Bharti Airtel Ltd ::Bharti airtel receives sebi and stock exchange approvals for proposed merger with telenor india.Says files application with national company law tribunal for approval of scheme of merger.  Full Article

Bharti Airtel, Ola partner to roll out integrated digital services
Monday, 8 May 2017 03:00am EDT 

May 8 (Reuters) - Bharti Airtel Ltd :Airtel and Ola join hands to roll out integrated digital offerings for customers.Airtel Payments Bank to integrate with Ola app.Ola money to integrate with Airtel digital properties to offer a wide range of convenient digital payment solutions to customers.Airtel retail points to set up special mobility assistance zones to help customers make Ola bookings.  Full Article

Airtel Digital TV launches internet TV set-top box
Wednesday, 12 Apr 2017 03:27am EDT 

Bharti Airtel Ltd : Airtel launches 'internet TV' for digital homes .Airtel Digital TV says airtel 'internet TV' is priced at INR 4999/- with 3 month digital TV subscription..  Full Article

Bharti Airtel completes transfer of 11.3 pct stake in Bharti Infratel to Nettle Infrastructure
Wednesday, 29 Mar 2017 12:37am EDT 

Bharti Airtel Ltd : Says completed inter-se transfer of 11.32 % stake in Bharti Infratel to Nettle Infrastructure Investments . Says post the transfer, Bharti Airtel will hold 50.33% while Nettle will hold 11.32% stake in Bharti Infratel .Says consideration received amounted to about 68.06 billion rupees.  Full Article

Bharti Airtel completes sale of 10.3 pct stake in Bharti Infratel to KKR, CPPIB
Tuesday, 28 Mar 2017 12:44am EDT 

Bharti Airtel Ltd : Says completes secondary sale of 10.3% stake in Bharti Infratel to consortium of KKR & Canada Pension Plan Investment Board . Says proceeds to be primarily used to pare debt . Says deal for over 61.94 billion rupees executed at INR 325 per share .Says on closure of deal, co's equity holding in Bharti Infratel stands at 61.7 pct and that of KKR and CPPIB at 10.3 pct.  Full Article

Fitch: India Telco Incumbents Hit by Mobile Termination Rate Cut

(The following statement was released by the rating agency) SINGAPORE, September 20 (Fitch) The financial performance of India's main incumbent telcos will be undermined by the regulator's plan to reduce the mobile termination rate (MTR) by 57% to INR0.06 per minute with effect from October 2017 and to remove it completely by January 2020, says Fitch Ratings. In contrast, the move should bring significant cost-savings and lead to faster-than-expected EBITDA break-even for recent entrant Reliance