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ATC India buyout to lend more ammo to Canada's Brookfield to fight Indus TowersThe recent $2.5-billion buyout of American Tower Corp’s India unit by Canada’s Brookfield will give them more firepower to compete with Ind...- Porsche shares flat at close after landmark $72 bln listingThe share performance puts Porsche AG's valuation at about 75.43 billion euros, only slightly below former parent Volkswagen, which is wort...
- Average accepted CTC reaches all-time high of Rs 28.29 lakh at the Indian School of BusinessThe top industries in terms of offers were Consulting, IT/ITES/Technology, BFSI, FMCG/Retail and Pharma/Healthcare. Urban Mobility industry...
- Bharti Infratel scrip slips 1% on merger newsIndus’s merger into Infratel is expected to close by March 2019. Airtel said it may sell stake to potential private equity players post the...
- Holding co for Bharti Airtel’s Africa operations eyes IPO to unlock valueThough the Africa operations have historically been a drag on Bharti Airtel over the past 3-4 years, the Sunil Mittal-led telco has lately ...
- Idea net loss widens in Q3 to Rs 1,285.6 cr; IUC, price war hurtFor the October-December period, India’s No. 3 telcos’ net loss widened to Rs 1285.6 crore from Rs 1107.7 crore in the previous quarter end...
- Jio may widen profit lead over Airtel due to IUC: AnalystsAirtel is likely to get hit further by the impact of reduction in the international termination rate, which was lowered to 30 paise from 53...
- Bharti Airtel sells 20% stake in DTH arm to Warburg Pincus for $350 millionThe firm with $44 billion of assets had invested more than $250 million in Bharti Airtel nearly two decades ago. It exited the investment i...
- Trai plans to remove 50% limit on telecom spectrum holdingsThe move could help Vodafone and Idea to retain all their airwaves once the merger of the two is complete. It will also help Jio to acquire...
- Analysts give a thumbs up to Jio numbers, say older telcos to face a tough timeJio, with 138.6 million subscribers, boasts of an above industry average revenue per user of Rs 156.4.
- Airtel to triple data speed soon“In a quarter, a critical number of sites will have Massive Mimo deployed in top four metros and Pune, Hyderabad and Bengaluru,” said one o...
- Bharti Airtel's Q1 net profit chokes on falling voice and data revenuesProfit fell to Rs 367 crore in the three months ended June from Rs 1,462 crore a year earlier, India’s No. 1 telco said in a statement on T...
- Hit by Jio, Bharti Airtel misses Street estimates; posts 55% fall in Q3 net profitRevenues for the quarter under review dipped 2.91% to Rs 23,364 crore. The firm had reported a top line of Rs 24,065.90 crore for the same ...
- Bharti Airtel Q2 beats Street, net profit flat at Rs 1,460 crore QoQThe telecom major's revenue dipped by 3.5 per cent to Rs 24,652 crore as against Rs 25,546.5 crore in the previous quarter.
- Auction draws blank in best spectrum bandThe highly efficient 700 MHz band was auctioned for the first time in India and was expected to account for about 70% of the revenue that t...
- After Day 3, spectrum auction bids are worth Rs 60,969 croreThe finance ministry in the Budget pegged the revenue target at Rs 98,995 crore from the telecom space. This included Rs 64,000 crore from ...
- Short-lived but intense spectrum auctions may close this weekThe first day of India’s largest sale of spectrum on Saturday saw leading telcos — besides Tata Teleservices, mainly in the fight to renew ...
- Day six of spectrum auction sees moderation in bids; kitty dips to Rs 92,200 croreWhile provisional winning price for the 900 Mhz band in some circles increased due to continued intensive bidding, the total spectrum which...
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