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Airtel Digital TV adds 634,000 subscribers in 2Q 2019
2019-08-01 16:00:34| Digital TV News
Bharti Airtel has announced results for its quarter ended June 30, 2019. The company added 634,000 Digital TV customers in the quarter to finish the period with 16.027 million subscribers, up 4.1% on the previous quarter and 9.4% year-on-year.
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Airtel CEO: Indian operators will need 1,000MHz of spectrum each, in order to do 5G properly
2019-08-01 02:00:00| Total Telecom industry news
Indian mobile network operators (MNOs) will require over 1,000MHz of spectrum each, in order to deliver comprehensive and wide reaching next generation network services across the country, according to the CEO of one of India’s biggest operators. Speaking exclusively at the ET Telecom 5G Congress event in New Delhi on Thursday, Gopal Vittal, CEO of Bharti Airtel, said that the India’s telecoms regulatory authorities had work to do in terms of making adequate spectrum available…read more on TotalTele.com »
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Airtel touches 100m subscribers in Africa following strong growth in 2019
2019-07-26 02:00:00| Total Telecom industry news
Airtel Africa has revealed that it now has 99.7 million mobile and fixed line customers across the continent of Africa. Revenues grew by 10.2 per cent in the first quarter of the 2019/2020 financial year, to stand at $795.9 million. Airtel Africa said that the growth was fuelled by extremely strong performance in its core markets of Nigeria and East Africa…read more on TotalTele.com »
Airtel Africa sets price range for IPO in London
2019-06-17 10:29:00| Telecompaper Headlines
(Telecompaper) Airtel Africa has set a price range of GBP 0.80 to GBP 1.00 per share for its initial public offering (IPO) on the London Stock Exchange. Airtel said this implies a market capitalisation of GBP 3.01 billion to GBP 3.62 billion, excluding an over-allotment option. It said the IPO will see the company float 595.2 million to 744.0 million new shares, raising a total of GBP 595 million, including the over-allotment option.
Airtel Africa launches IPO in London, seeks to raise USD 750 mln
2019-06-04 10:44:00| Telecompaper Headlines
(Telecompaper) Airtel announced that its unit Airtel Africa plans to raise gross proceeds of USD 750 million through its listing on the main market of the London Stock Exchange. In a statement, the operator confirmed it was going ahead with the listing and would freely float at least 25 percent of shares in Airtel Africa, with a further 15 percent of shares made available under an overallotment option. Airtel Africa is also considering a listing of its shares on the Nigerian Stock Exchange.
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