Edition:
United States

Bharti Infratel Ltd (BHRI.NS)

BHRI.NS on National Stock Exchange of India

281.65INR
1:59am EDT
Change (% chg)

Rs-2.25 (-0.79%)
Prev Close
Rs283.90
Open
Rs282.00
Day's High
Rs283.45
Day's Low
Rs279.00
Volume
805,489
Avg. Vol
2,762,085
52-wk High
Rs482.80
52-wk Low
Rs274.55

Latest Key Developments (Source: Significant Developments)

Bharti Infratel Gets CCI Approval For Proposed Merger Of Co And Indus Towers
Sunday, 1 Jul 2018 11:34pm EDT 

July 2 (Reuters) - Bharti Infratel Ltd ::SAYS CCI APPROVAL RECEIVED FOR PROPOSED MERGER OF BHARTI INFRATEL LIMITED AND INDUS TOWERS LIMITED.  Full Article

Bharti Airtel completes secondary share sale in Bharti Infratel
Tuesday, 14 Nov 2017 01:04am EST 

Nov 14 (Reuters) - Bharti Airtel Ltd :‍Bharti Airtel announces successful completion of secondary share sale in Bharti Infratel​.Says Airtel will primarily use proceeds from this sale to reduce its debt‍​.Sale was for a total consideration of over 33.25 billion rupees and was executed at a price of 400.6 rupees per share​‍​.Says Airtel and its units together have equity holding of 53.51 percent in Bharti Infratel.  Full Article

Bharti Airtel to continue evaluating selling of shares in Bharti Infratel
Tuesday, 31 Oct 2017 08:30am EDT 

Oct 31 (Reuters) - Bharti Airtel Ltd ::Board authorised co to continue evaluating selling shares in Bharti Infratel in one or more tranches from Airtel or unit Nettle.  Full Article

India's Bharti Infratel Sept-qtr consol PAT down about 17 pct
Monday, 30 Oct 2017 07:27am EDT 

Oct 30 (Reuters) - Bharti Infratel Ltd ::Sept quarter consol PAT 6.38 billion rupees versus 7.74 billion rupees last year.Consensus forecast for Sept-quarter consol net profit was 7.41 billion rupees.Sept quarter consol revenue from operations 16.59 billion rupees versus 14.96 billion rupees last year.Says Sept-quarter total tower base of 90,955 with closing sharing factor of 2.42‍​.  Full Article

Bharti Airtel completes secondary share sale in Bharti Infratel
Tuesday, 8 Aug 2017 02:23am EDT 

Aug 8 (Reuters) - Bharti Airtel Ltd :Says Bharti Airtel announces successful completion of secondary share sale in Bharti Infratel.Says co via unit Nettle Infrastructure Investments announced successful divestment of 67.53 million shares of Bharti Infratel.Says Bharti Airtel will primarily use proceeds from sale to reduce its debt.Says sale was for a total consideration of over inr 25.70 billion.Following close of deal, Bharti Airtel and wholly owned subsidiaries together have equity holding of 58% in Bharti Infratel.  Full Article

India's Bharti Infratel June-qtr consol PAT down 12 pct
Monday, 24 Jul 2017 07:48am EDT 

July 24 (Reuters) - Bharti Infratel Ltd ::June quarter consol PAT 6.64 billion rupees versus 7.56 billion rupees.June quarter consol income 16.07 billion rupees versus 14.69 billion rupees.Consensus forecast for June quarter consol net profit was 6.95 billion rupees.Says final dividend of INR 4 per share for year ended March 2017 approved by shareholders.Says in quarter, total tower base of 90,837.  Full Article

Bharti Infratel seeks members' nod for re-appointment of Devender Singh Rawat as MD & CEO
Wednesday, 28 Jun 2017 07:43am EDT 

June 28 (Reuters) - Bharti Infratel Ltd :Seeks members' nod for re-appointment of Devender Singh Rawat as managing director & chief executive officer.  Full Article

India's Bharti Infratel March-qtr consol profit down about 17 pct
Monday, 8 May 2017 08:39am EDT 

May 8 (Reuters) - India's Bharti Infratel Ltd ::March quarter consol net profit 5.97 billion rupees.March quarter consol income from operations 16.05 billion rupees.Consensus forecast for March quarter consol net profit was 6.99 billion rupees.Consol net profit in March quarter last year was 7.18 billion rupees as per Ind-AS; consol income from operations was 14.18 billion rupees.Says the board of directors have proposed a final dividend of inr 4 per equity share for the year ended March 2017..  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 Infratel says Nettle Infra Investments to buy about 21.63 pct stake in co from Bharti Airtel
Monday, 20 Mar 2017 11:34pm EDT 

Bharti Infratel Ltd :Says Nettle Infra Investments Ltd to acquire about 21.63 percent of co's shares from Bharti Airtel.  Full Article

India's Bharti Infratel Q1 profit falls

July 25 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.