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Bharti Airtel Ltd Says Carlyle To Acquire Stake In Airtel's Data Centre Business
Indian Court Asks Telecoms Firms To Come Up With "Reasonable Payment Plan" On Dues
India's Bharti Airtel Buys 10% Stake In Ed-Tech Startup Lattu
Bharti Airtel Limited is a global telecommunications company with operations in 17 countries across Asia and Africa. In India, the Company's product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH and enterprise services, including national and international long-distance services to carriers. In the rest of the geographies, it offers 2G, 3G and 4G wireless services and mobile commerce. Its divisions include Mobile Services, Telemedia Services, Digital TV Services, Airtel Business and Tower Infrastructure Services. Mobile Services offers postpaid, pre-paid, roaming, Internet and m-Commerce services. Telemedia Services provides fixed-line telephone and broadband services for homes in 87 cities pan-India. Its Direct-To-Home platform offers digital TV services. Airtel Business provides information and communications technology services. Its subsidiary, Bharti Infratel Ltd, provides tower and related infrastructure.
Bharti Crescent, 1
Nelson Mandela Road
Vasant Kunj, Phase II
Sunil Bharti Mittal
Executive Chairman of the Board
Chief Financial Officer
Chief Executive Officer & Managing Director - India & South Asia, Executive Director
Managing Director & Chief Executive Officer - Africa
Rohit Krishan Puri
Deputy Company Secretary and Compliance Officer
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Indian shares inched higher on Wednesday as investor optimism was boosted by strong factory data out of China, offsetting fears of rising coronavirus cases, with Bharti Airtel Ltd leading small gains after a deal with Carlyle.
Carlyle <CG.O> will buy a 25% stake in Indian telecom firm Bharti Airtel Ltd's <BRTI.NS> data centre arm for $235 million, the U.S. private equity group said on Wednesday, as it taps into the rapid growth of digital services in India.
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India's digital economy.
Amazon.com <AMZN.O> is in early-stage talks to buy a stake worth at least $2 billion (£1.60 billion) in Indian mobile operator Bharti Airtel <BRTI.NS>, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India's digital economy.
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three sources with knowledge of the matter told Reuters, underscoring the growing attraction of India's digital economy for U.S. tech giants.
Singapore Telecommunications Ltd's <STEL.SI> annual net profit plummeted about 65% to the lowest in more than two decades and it did not provide forecasts for the current year, citing uncertainty due to the COVID-19 pandemic.
Singapore Telecommunications Ltd <STEL.SI> on Thursday said full-year net profit plummeted 65.2% as it faced tough competition in Australia and took a S$1.80 billion ($1.27 billion) hit related to its stake in Bharti Airtel Ltd's <BRTI.NS>.
Indian shares gave up early gains to end slightly lower on Tuesday, led by a fall in Bharti Airtel and information technology shares amid concerns over a sharp rise in domestic coronavirus cases.
Indian shares followed world markets higher on Tuesday, after three straight sessions of declines, spurred by gains in Bharti Airtel and positive data from an early trial of a potential COVID-19 vaccine.
Indian shares tracked world markets higher on Tuesday, as the successful early-stage trial of a potential COVID-19 vaccine spurred optimism about a recovery in global economic growth, while a surge in domestic coronavirus cases capped gains.
Indian telecom operator Bharti Airtel Ltd <BRTI.NS> reported a loss for the fourth quarter on Monday, as it set aside 56.42 billion Indian rupees ($744.90 million) for one-time spectrum charges.
Indian telecom operator Bharti Airtel Ltd reported a loss for the fourth quarter on Monday, as it set aside 56.42 billion Indian rupees ($744.90 million) for one time spectrum charges.
Telecoms company Airtel Africa Plc on Wednesday posted revenue and profit growth for the full year, as more customers signed up for its mobile and data services, and on stronger activity in its biggest market Nigeria.
Telecoms company Airtel Africa on Wednesday posted 11.2% growth in full-year revenue, as more customers signed up for its mobile and data services, and on stronger activity in its biggest market Nigeria.
Nokia Oyj <NOKIA.HE> said on Tuesday it has won a multi-year deal with India's third-largest telecom firm Bharti Airtel Ltd[BRTI.NS] to provide equipment and services.
Nokia said on Tuesday it has won a multi-year deal with India's third-largest telecom firm Bharti Airtel to provide equipment and services.
India's Bharti Airtel Ltd <BRTI.NS> said it was complying with a Supreme Court order to pay dues, after it paid more than 80 billion rupees ($1.10 billion) to the Department of Telecommunications (DoT) on Saturday.
Bharti Airtel Ltd reported its third straight quarterly loss on Tuesday, as India's third-largest telecom firm booked 10.50 billion rupees ($147 million) in charges related to spectrum fee payments and write-downs of network equipment.
Bharti Airtel Ltd reported its third straight quarterly loss on Tuesday, as India's third-largest telecom firm booked a charge of 10.5 billion Indian rupees ($147.37 million).
Shares of Vodafone Idea <VODA.NS> fell as much as 40% on Friday, losing $975 million in market value, after India's top court rejected mobile carriers' petitions for a review of its order to pay billions of dollars in levies to the government.
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