Bharti Airtel Q3 profit jumps 92%; ARPU at ₹193
Average revenue per user (ARPU) for the quarter stood at ₹193 as compared to ₹163 in Q3 FY22.
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Telcos’ Q1 AGR up 18% to ₹60,530 cr; Jio contributes max ₹21,516 cr
Telcos' pass-through charges decreased by 1.12% QoQ and 0.38% YoY to ₹13,415 cr in Q1 FY23. License fee increased from ₹4,712 cr as of Jan-March to ₹4,844 cr as of April-June.
Vodafone Idea loses 40 lakh users in Sept; Reliance Jio gains 7 lakh: Trai
Trai data shows Reliance Jio's user base surged by 0.17% in September, followed by Bharti Airtel at 0.11%. Vodafone Idea saw monthly degrowth of 1.58%.
Bharti Telecom plans to raise ₹7,000 cr via bonds; Airtel shares down 2%
The telecom company is looking to raise the fund through shorter-tenor bonds in three tranches and has invited bids from investors on November 18.
Apple iPhone users in India to get 5G support next week. Check details here
Apple is rolling out its iOS beta or iOS 16.2 software programme, for Airtel and Jio users next week, but has not confirmed a date for the roll out.
Why are L&T, Bharti Airtel, Tata Steel shares trading lower today
Shares of Tata Steel, Larsen & Toubro, and Bharti Airtel fell up to 3% as investors reacted to their respective quarterly earnings reports.
Bharti Airtel Q2 profit zooms 89% to ₹2,145 cr
Telco’s revenue surges 21.9% YoY to ₹34,527 cr on "consistent performance delivery" across the portfolio and crossing 500 million customers globally.
Draft telecom bill 2022: Deadline for public comments extended to Oct 30
The draft telecom bill proposes a provision to waive any fee, interest and penalties of telecom service providers. Provisions related to identity have been included in bill to prevent cyber-frauds.
Airtel launches 5G Plus in 8 cities; no SIM change required
Airtel says customers who have 5G smart phones will enjoy the high speed Airtel 5G Plus on their existing data plans until the roll out is more widespread.
Sunil Mittal: Riding The Waves
India's mobility king is tapping satellite-based communication to grow his riches.
