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Tag: bharti
Bharti Telecom selling 2.75% stake for $1bn
2020-05-26 02:00:00| Total Telecom industry news
Bharti Telecom, the parent company of Bharti Airtel, has announced a $1 billion stake sale to help alleviate its debt. This sale amounts to around 2.75% equity in the company, leaving Bharti Group and SingTel still as majority stakeholders with 56…read more on TotalTele.com »
Tags: selling
telecom
stake
bharti
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
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
Bharti Airtel and Western Union unite for mobile money transfers in India and Africa
2020-01-22 01:00:00| Total Telecom industry news
In the midst of weathering the storm created by government-imposed AGR payments, Bharti Airtel has partnered with Western Union to launch cross-border mobile money transfer services. The service, expected to launch this year, would offer Airtel’s 550 million Airtel Payments Bank customers the chance to make real…read more on TotalTele.com »
Tags: money
mobile
western
india
Cash-strapped Bharti Airtel to raise up to $3bn after shareholder approval
2020-01-06 01:00:00| Total Telecom industry news
Following the high court ruling altering the definition of annual gross revenue (AGM), telcos in India were saddled with $13 billion in dues relating to their spectrum licence payments. Of this total, India’s third-biggest telco, Bharti Airtel…read more on TotalTele.com »
Tags: approval
raise
shareholder
airtel
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