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Tag: airtel
Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt
2020-05-27 06:23:00| Telecompaper Headlines
(Telecompaper) Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said.
Tags: fully
debt
telecom
sells
UNICEF joins with Airtel to facilitate remote education in Africa
2020-05-20 02:00:00| Total Telecom industry news
When it comes to education, Africa has greatly improved in recent years, but much remains to be done to ensure a complete education is available for all. Unfortunately, the coronavirus outbreak has forced the closure of schools across the continent…read more on TotalTele.com »
Tags: education
africa
remote
facilitate
Nokia snags $1bn deal with Bharti Airtel for network capacity boost
2020-04-28 02:00:00| Total Telecom industry news
Nokia has announced it has signed a significant, multi-year contract with Indian operator Bharti Airtel to boost their network capacity. The deal will see Nokia deploy 300,000 new radio units across the country by 2022, focussing on 9 of the 22 ‘circles’ into which the country is divided by India&rsquo…read more on TotalTele.com »
Tags: network
deal
capacity
nokia
Vodafone Idea, Airtel and Jio extend prepaid validity to May 3rd
2020-04-20 02:00:00| Total Telecom industry news
India’s operators have taken a number of emergency measures, big and small, to ensure their customers remain connected during the coronavirus pandemic, from crediting accounts with extra voice data to swapping their network names to things like “Vodafone-Be Safe&rdquo…read more on TotalTele.com »
Tags: idea
3rd
extend
validity
Bharti Airtel will not bid for 5G spectrum
2020-02-07 01:00:00| Total Telecom industry news
Discussions with the Telecom Regulatory Authority of India (TRAI) surrounding spectrum prices have been going back and forth for months. The industry has consistently complained that India’s spectrum reserve pricing was being set too high, an issue which has plagued the nation’s telcos for the previous decade. As of last year…read more on TotalTele.com »
Tags: bid
spectrum
airtel
bharti
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