Bharti Hexacom IPO opens April 3; TCIL to halve stake in co to 15%Bharti Hexacom IPO on April 3, TCIL divests 15%. Bharti Airtel keeps 70%. ₹5,000 crore revenue expected. BofA's view on wireless services p...
25 Mar, 2024, 07.43 AM IST
TCIL to sell 15% stake in Bharti HexacomInitially, the public sector company sought to offload 20% of the equity in Bharti Hexacom, but according to the sources, it has now withdr...
22 Mar, 2024, 12.25 AM IST
DoT to raise ₹7,000 crore from TCIL stake sale in Bharti HexaBharti Hexacom, an unlisted company that offers mobile services in Rajasthan and northeast circles, is a JV between Bharti Airtel, which ow...
27 Jan, 2022, 06.32 AM IST
SBI Capital Markets may submit report on Bharti Hexacom by end of yearTCIL plans to sell its stake in Bharti Hexacom and SBI Capital Markets has been appointed as consultants to recommend valuation of the comp...
18 Sep, 2014, 05.48 PM IST
Telecom Commission okays TCI’s move to exit Bharti HexacomTCIL is keen to sell its minority stake in Hexacom to raise money since the Telecom Commission shelved its disinvestment plans, citing “unf...
10 Sep, 2013, 06.39 AM IST
Telecom commission puts off divestment plans in TCILIn the event of a favourable Telecom Commission decision, the Bharti Group will have the right of first refusal to TCIL’s stake in Hexacom.
08 Jul, 2013, 05.03 AM IST
Government considering divesting 10% stake in Telecom Consultants of India LtdThe Telecom Commission will meet on February 18 to consider listing TCIL by divesting a 10% stake.
07 Feb, 2013, 11.13 AM IST
- Bharti Airtel pays Rs 11.75 cr interim dividend to TCIL for FY'12
Telecom major Bharti Airtel has paid a first-ever interim dividend of Rs 11.75 crore to its minority partner in Bharti Hexacom.
06 Dec, 2011, 05.06 AM IST
- DoT asks TCIL to revisit proposal to exit from JV with Bharti in Rajasthan
Bharti owns a 70 per cent stake in the JV and the remaining 30 per cent is with Telecommunications Consultants India Limited (TCIL).
18 Sep, 2011, 02.34 PM IST
- Bharti Airtel, TCIL divided over Hexacom dividend
Hexacom offers mobile services in six north-eastern states (excluding Assam) and Rajasthan, and has a little over 15 million customers.
09 Sep, 2011, 05.25 AM IST
- DoT may ask Bharti for 20 per cent dividend in Bharti Hexacom
Though the TCIL board had been looking to exit for a while, it has decided to stay invested in light of Hexacom's strong performance.
16 Aug, 2011, 05.16 AM IST
- Government not to sell 30% stake in Bharti Hexacom
Telecom department has shelved plans to sell government's 30% stake in mobile phone company Bharti Hexacom, a subsidiary of Bharti Airtel.
10 Aug, 2011, 03.44 AM IST
- Airtel to list JV to provide TCIL with exit option
Bharti Airtel has offered to list its subsidiary, which offers mobile services in six northeastern states (excluding Assam) and Rajasthan, ...
15 Jul, 2011, 04.06 AM IST
- Govt defers TCIL's stake sale in Bharti Hexacom
Last month, Bharti Airtel withdrew its bid to buy out the government's 30 per cent stake, citing undue delay in the sale process.
03 Apr, 2011, 11.44 AM IST
- Govt's plan to exit Bharti Hexacom put on hold
The govt's plan to exit mobile phone company Bharti Hexacom has been put on hold after the cabinet secretary KM Chandrasekhar asked the tel...
02 Apr, 2011, 01.09 AM IST
- Bharti may have to pay 1,800 cr for TCIL's 30% stake in subsidiary
At present, TCIL owns 30% in Hexacom. The consultants appointed by TCIL to oversee its exit from Bharti Hexacom have said the reserve price...
18 Oct, 2010, 06.09 AM IST
- Govt set to exit Bharti arm as ministries clear 30% stake sale
The decks have been cleared for the sale of the government’s 30% holdings in Bharti Hexacom, a subsidiary of the Bharti Airtel.
13 Jul, 2009, 12.08 AM IST