Bharti Airtel

Telecommunications

Bharti Airtel slips after posting profit miss amid 5G rollout

"Given the large investments required, we believe there is a need for tariff correction."

Company in the news

Singtel reports stronger 1Q results; expects higher dividends from asset recycling initiatives

It has been a good week for Singtel and analysts are upbeat on its prospects.

Telecommunications

India sells record US$19 billion airwaves with Reliance top buyer

The airwave auction will bolster the Narendra Modi-led government’s finances

Telecommunications

Tycoons line up bids for India's US$14 billion 5G airwaves auction

"Whether it is Adani or Ambani, India will benefit from a massive 5G roll out."

Buybacks

Bharti Airtel subsidiary buys back US$450 mil of 5.35% notes due 2024, 50% higher than initial tender offer

Bharti Airtel International (Netherlands) has bought back US$450 million of its notes, 50% higher than its initial tender offer.

Telecommunications

Reliance Jio to invest US$200 million in mobile startup Glance

The funding from Jio Platforms values the startup at about US$1.7 billion
Bharti Airtel profit misses as tariff hikes fail to boost income - THE EDGE SINGAPORE

Results

Bharti Airtel profit misses as tariff hikes fail to boost income

Analysts expected 10.21 billion rupees, the telco reported 8.3 billion rupees.
Google to invest US$1 bil into Bharti Airtel - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Google to invest US$1 bil into Bharti Airtel

In 2020, then-Facebook invested US$5.7 billion in Bharti Airtel's rival Jio

Telecommunications

Singtel subsidiary Bharti Airtel scraps plans to merge digital assets into listed entity

The move follows the telecom sector reforms package announced by the Indian government in Sept.
Singtel to fully subscribe to Bharti Airtel rights issue for up to INR29.4 bil - THE EDGE SINGAPORE

Telecommunications

Singtel to fully subscribe to Bharti Airtel rights issue for up to INR29.4 bil

Bharti Airtel’s rights issue is priced at INR535 per share.
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