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Robi, Airtel confirm merger talks in Bangladesh
2015-09-09 16:15:00| Telecompaper Headlines
(Telecompaper) Mobile operators Robi Axiata and Airtel Bangladesh are in talks to merge their operations in Bangladesh. Airtel said in an statement that MAlaysia-based Axiata and India-based Bharti Airtel were in exclusive discussions on the merger in Bangladesh, which would create the country's second-largest operator. Robi is currently the third-largest mobile operator in Bangladesh with around 28 million customers, while Airtel has 9 million subscribers. If the merger goes ahead, Vimpelcom's Banglalink would be pushed to third place, while Robi-Airtel take second place, behind Grameenphone. According to the latest figures from market regulator BRTC, Grameenphone is market leader with almost 54 million subscribers while Banglalink has 32 million customers. In total the Bangladesh mobile industry served 128 million customers at the end of July.
Tags: confirm
talks
bangladesh
merger
Bharti Airtel to sell Bangladesh, Sri Lanka ops - report
2015-08-31 01:11:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel plans to sell its Bangladesh and Sri Lanka operations and has hired two bankers to conduct the transaction, Indian TV channel CNBC-TV18 reports. According to the same source, Bharti Airtel plans to first sell its tower business, and then the entire operation at a later time. The move is in line with Airtel's strategy of eliminating unproductive operations.
Bharti Airtel agrees to acquire Augere Wireless
2015-08-27 02:00:00| Total Telecom industry news
Deal gives India's biggest operator another 20 MHz of mobile broadband spectrum.
Tags: wireless
acquire
agrees
airtel
Airtel launches 4G service across India
2015-08-06 15:43:00| Telecompaper Headlines
(Telecompaper) Indian operator Airtel has announced the launch of 4G services in 296 towns across the country. India's largest mobile operator is the first to launch FDD LTE, across its network footprint. Customers can enjoy 4G speeds at no extra cost, after swapping their Sim free for a 4G chip. Airtel also unveiled new postpaid plans with unlimited calls to Airtel and local numbers and a choice of 3, 5, 7 and 15 GB data per month. These range in price from INR 999 to INR 2,999 per month, with higher plans also coming with free subscriptions to the Wynk music and videos service and unlimited calls nationwide. Add-on data bundles are also available starting at 1 GB for INR 250. Airtel said it's partnered with Flipkart and Samsung to introduce a range of 4G smartphones, such as the Galaxy S6 edge. It's also offering the third-generation Moto G and the Mi 4i from Xiaomi, among other 4G phones. Its own white-label Wi-Fi hotspot and USB dongle are also available for LTE on a computer, or a Huawei LTE router for 4G at home. These come with data bundles starting at INR 450 for 2 GB or INR 595 for 3 GB. Airtel has already been offering TD-LTE services in the 2,600 MHz band. It started testing 4G with smartphone and home broadband customers more widely from February 2014, after it acquired spectrum in the 1,800 MHz. The latest announcement makes the LTE services available commercially to all its customers.
Tags: service
india
launches
airtel
Bharti Airtel quarterly revenues up 3% on mobile data growth
2015-08-05 11:39:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported revenues for its fiscal first quarter to June of INR 236.7 billion, up 3.1 percent from a year earlier. Growth was led by mobile data services, up 56.9 percent to INR 34.6 billion as data traffic grew 86.5 percent over the same period. EBITDA increased 6.4 percent to INR 82.6 billion, and the margin rose 1.1 percent points to 34.9 percent, driven by improved profitability in India. EBIT was up 14.2 percent to INR 42.2 billion, and net profit rose 40.2 percent to INR 15.5 billion, as higher interest costs and forex losses were offset by a gain of INR 4.6 billion on towers disposals. Capital expenditure was stable year-on-year at INR 39.9 billion, while operating cash flow rose 13 percent to INR 42.7 billion.
Tags: data
mobile
growth
quarterly
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