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Facebook and Airtel launch Free Basics service in Nigeria
2016-05-11 02:00:00| Total Telecom industry news
Social network said more than half of the 40 Free Basics countries are in Africa.
Tags: free
service
launch
nigeria
Bharti Airtel to sell 950 towers in DRC to Helios
2016-05-06 02:00:00| Total Telecom industry news
Airtel pursues strategy of selling towers in Africa to reduce debt and cut capex.
Bharti Airtel reports strong Q4 with revenues up 8.4%
2016-04-28 12:25:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported a strong final quarter to its fiscal year, with revenues up 8.4 percent year-on-year to INR 249.6 billion (USD 3.69 billion). Excluding the impact of cuts to termination rates and the sale of its mobile towers in Africa, revenues rose 10.1 percent annually, led by a 43.7 percent rise in mobile data revenue to INR 44.3 billion. EBITDA increased 14.1 percent to INR 91.9 billion, and the EBITDA margin expanded by 1.8 percent to 36.8 percent, driven by improvement in India. EBIT rose a slower 1.1 percent to INR 43.2 billion due to higher spectrum amotisation in India. Lower forex losses helped offset higher interest expenses, leading to a rise in net profit to INR 12.9 billion from INR 12.6 billion a year ago.
Tags: up
reports
strong
revenues
Bharti Airtel revenue jumps on surging mobile data use
2016-04-28 02:00:00| Total Telecom industry news
India-based telco reports 44% rise in mobile data revenue, 76% rise in data traffic.
Airtel Digital TV adds 619,000 subscribers in 1Q 2016
2016-04-27 17:00:48| Digital TV News
Bharti Airtel has announced results for the quarter ended March 31, 2016. At the end of the period, the Company had 11.7 million DTH customers, representing an increase of 16.4% as compared to the corresponding quarter last year.
Tags: digital
adds
subscribers
airtel
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