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Reliance Jio, Bharti in network-sharing pact
2013-12-10 01:00:00| Total Telecom industry news
Telcos to share fibre, undersea cable infrastructure, cell towers.
Bharti Airtel raises 750m via bond sale to cut debt
2013-12-05 01:00:00| Total Telecom industry news
Indian telco in bid to hedge African assets, rein in $10.74 billion debt.
Bharti Airtel revenues up 10%, cash flow improves
2013-10-30 09:27:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported third-quarter revenues up 9.9 percent from a year earlier to INR 213.2 billion. Growth was led by increasing voice and data usage, as well as expansion of the customer base in Africa and south Asia. EBITDA was up 15.1 percent to INR 68.3 billion, while net profit fell to INR 5.1 billion from INR 7.2 billion a year ago due to forex losses. Capex nearly halved to INR 21.4 billion, helping operating cash flow more than double year-on-year to INR 46.9 million. The group ended the quarter with 193.46 million mobile customers in its home market India, up by 1.3 percent from June. The digital TV base grew by 1.4 percent over the three months to 8.57 million, and fixed-line customers rose 1.5 percent to 3.34 million. In the rest of South Asia, the company had 8.34 million mobile customers, up by 4.0 percent from June, and the African mobile base increased by 3.4 percent in the quarter to 66.38 million.
Tags: cash
flow
revenues
improves
Bharti Airtel takes 100% control of Qualcomm's India 4G company
2013-10-18 02:00:00| Total Telecom industry news
Mobile operator likely to have spent around $165 million for remaining 49% stake.
Tags: company
control
takes
india
INDIA: Wal-Mart, Bharti to go it alone in India
2013-10-09 14:28:00| Daily apparel & textile news and comment - from just-style.com
Wal-Mart Stores is to buy out Indian venture partner Bharti Enterprises, ending the speculation over the future of the business.
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