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Bharti Infratel Says Board To Authorize Chairman To Proceed With Scheme With Indus Towers
Bharti Infratel CEO D S Rawat Resigns
India's Bharti Infratel June-Qtr Consol PAT Falls
Bharti Infratel Limited is a provider of tower and related infrastructure, and deploys, owns and manages telecom towers and communication structures for various mobile operators. . The Company’s consolidated portfolio consists of over 90,000 telecom towers, which includes over 38,997 of its own towers and the balance from its 42% equity interest in Indus Towers Limited, and has a presence in all 22 telecom circles in India. The services offered by the Company include Tower Infrastructure Solutions, Tower Operations Center, Infratel Enterprise Suite and Advantage Infratel.
Sector-30, village Silokhara
Akhil K. Gupta
Executive Chairman of the Board
Chief Human Resource Officer
Prashant Jagdish Keole
Senior Vice President - Deployment
Sachin Ramesh Naik
Senior Vice President - O&M
Chief Sales & Marketing Officer
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Bharti Infratel Ltd <BHRI.NS> will go ahead with its long-delayed merger with Indus Towers, the telecom infrastructure firm said on Tuesday.
* MARCH QUARTER CONSOL PAT 6.50 BILLION RUPEES VERSUS PROFIT OF 6.08 BILLION RUPEES YEAR AGO
Telecom Italia (TIM) has reached a deal with state-owned Infratel Italia to speed up the roll out of ultrafast broadband in less densely populated areas of Italy as the coronavirus outbreak brings home the need for an efficient network.
* INDIA'S TELECOM DEPARTMENT PROVIDED APPROVAL IN RELATION TO MERGER OF INDUS TOWERS WITH BHARTI INFRATEL ON FEB 21 Source text: (http://bit.ly/2HR8zcN) Further company coverage:
Indian shares closed higher on Monday, helped by the government's plan to offer further tax reforms and more capital to finance the country's infrastructure needs.
Bharti Group and Vodafone Group Plc have proposed that industry veteran Bimal Dayal should head the combined tower venture of Indus Towers Ltd and Bharti Infratel Ltd, the companies said in a joint statement on Tuesday.
Bharti Group and Vodafone Group Plc have proposed that industry veteran Bimal Dayal should head the combined tower venture of Indus Towers Ltd and Bharti Infratel, the companies said in a joint statement on Tuesday.
Indian telecom tower company Bharti Infratel Ltd reported a 10.8 percent rise in third-quarter profit on Wednesday, beating market estimates.
Indian shares rose 0.5 percent on Friday, tracking global markets which heaved a sigh of relief as China stepped up efforts to revive its economy by cutting banks' reserve requirement ratios.
Indian telecom tower company Bharti Infratel Ltd's second-quarter profit fell about 6 percent, hurt by higher expenses, but beat analysts' estimates.
Indian telecom tower company Bharti Infratel Ltd's first-quarter profit fell 3.9 percent, hurt by higher expenses and exits from co-location sites where a tower is used by more than one wireless carrier.
India's Bharti Infratel Ltd <BHRI.NS> has agreed to merge with Indus Towers, in a deal that creates the world's No. 2 telecom tower company with an estimated equity value of $14.6 billion.
Bharti Airtel Ltd on Wednesday approved the merger of Indus Towers Ltd with Bharti Infratel Ltd.
* TRANSACTION VALUES INDUS TOWERS AT AN ENTERPRISE VALUE OF 715 BILLION RUPEES
* BOARD EVALUATED ONE OPTION OF OFFER FOR SALE OF SIGNIFICANT STAKE IN BHARTI INFRATEL LTD
* SAYS RE-APPOINTED AKHIL KUMAR GUPTA AS EXECUTIVE CHAIRMAN OF COMPANY Source text - https://bit.ly/2qWL5dt Further company coverage:
Indian telecom tower company Bharti Infratel Ltd on Monday posted a 1.6 percent rise in fourth-quarter profit, but missed analysts' estimate, hurt by loss in tenancies as mobile carriers in the country either shut down or consolidated their operations.
* MARCH QUARTER CONSOL PROFIT 6.06 BILLION RUPEES VERSUS PROFIT OF 5.97 BILLION RUPEES LAST YEAR
Mobile masts operator Bharti Infratel Ltd said on Wednesday its net profit fell 5.6 percent in the third quarter, missing analysts' estimates, pulled down by higher expenses.
* DEC QUARTER CONSOL PROFIT AFTER TAX 5.85 BILLION RUPEES VERSUS 6.20 BILLION RUPEES LAST YEAR
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.