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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.

Tags: sale cut debt bond

 

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

 
 

Airtel launches SD set-top box with external storage

2013-10-27 13:00:43| Digital TV News

Airtel Digital TV has launched a new standard definition (SD) set-top-box. The new box will allow customers to enjoy recording by just plugging-in an external storage device, allowing users to pause any TV show, even live programmes, for a quick TV break.

Tags: box external storage launches

 

Airtel Digital TV introduces LIVE Tweets on TV

2013-10-21 19:40:41| Digital TV News

India's Airtel Digital TV has announced integration with Twitter to display LIVE Tweets on TV. A convergence of tweeting and television viewing, the concept is an innovation in the DTH industry that allows customers to experience Twitter on TV.

Tags: tv live digital introduces

 

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

 

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