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Bharti Airtel Says No Proposal For Stake Sale In Co At This Juncture
Singapore Telecommunications Says Q1 Net Profit Down 35% To S$541 Million
India's Bharti Airtel Posts June-Qtr Consol Net Loss Of 28.66 Bln Rupees
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
Director & Chief Executive officer - Global Voice & Data Business
Director & Chief Executive Officer - Airtel Business
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Nigerian stocks shed 0.74% on Monday, erasing gains posted in early trades as Airtel Africa fell and investors booked profits after the index climbed to a six-week high.
Indian shares settled higher for a third straight session on Tuesday, led by auto and banking stocks, as ebbing global trade war worries and expectations of further stimulus supported by a huge dividend from the central bank boosted investor sentiment.
Indian telecom operator Bharti Airtel Ltd reported its first quarterly loss in over a decade on Thursday, taking a one-time hit of 14.69 billion rupees, as it lost customers amid a fierce battle against Reliance Jio for market share.
Indian telecom operator Bharti Airtel Ltd reported a worse-than-expected quarterly loss on Thursday, as the company lost more customers and spent more to upgrade its 4G network during the quarter.
Airtel Africa Plc <AAF.L> reported a quarterly pretax profit on Friday that more than doubled, as the telecoms company signed up more customers for its mobile and data services and was boosted by double-digit growth in Nigeria and East Africa.
Airtel Africa Plc reported a quarterly pretax profit on Friday that more than doubled, as the telecom company signed up more customers for its mobile and data services.
A government panel on Wednesday approved a combined penalty of 30.5 billion rupees ($442 million) on telecom operators Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Industries' telecom unit Jio when it began operations in 2016, Indian...
Reliance Industries Ltd's telecom unit Jio pipped rival Bharti Airtel to become India's second-largest operator by subscribers as of May, government data showed.
Airtel Africa shares fell sharply on Wednesday, a day after its debut $4.4 billion flotation in Lagos, mirroring a similar decline on the London stock market where the telecoms firm has its primary listing.
Airtel Africa shares fell 10% to 359.40 naira in pre-market bids on Wednesday after its debut $4.4 billion stock market listing on the Lagos bourse a day earlier.
Airtel Africa <AAF.L> listed on the Nigerian Stock Exchange on Tuesday in a 1.36 trillion naira ($4.4 bln) flotation turning the telecoms company into the bourse's third-largest stock by market value.
Airtel Africa listed on the Nigerian Stock Exchange on Tuesday, in a flotation that valued it at 1.364 trillion naira, making it the bourse's third-largest stock by market capitalisation.
Airtel Africa shares will be listed on the Nigerian Stock Exchange on Tuesday, the bourse said, after it postponed the $4.4 billion listing last week.
Airtel Africa aims to list on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the exchange postponed the listing which had been scheduled for Friday.
Airtel Africa aims to list its shares on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the stock exchange postponed the listing that had been scheduled for Friday.
The Nigerian Stock Exchange has postponed the listing of Airtel Africa shares planned for July 5 to ensure the telecoms company meets its listing requirement, the bourse said on Friday.
Airtel Africa <AAF.L> shares fell as much as 15% on Friday after its London stock market debut, hitting a low of 67 pence ($0.85) against an initial public offering price of 80 pence.
Airtel Africa shares dropped as much as 12.5% in early trade on Friday after its London stock market debut, hitting a low of 70 pence ($0.89) after earlier setting the price at 80 pence per share.
Airtel Africa Ltd, a unit of India's Bharti Airtel Ltd, priced its London market debut at 80 pence, at the bottom end of the expected range, its bookrunner said on Friday.
Airtel Africa Ltd's <IPO-AIRTA.L> planned initial public offering on the London Stock Exchange is expected to price at 80 pence, the bottom end of its indicated price range, one of the bookrunners handling the sale said.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.