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Tag: bharti
Bharti Airtel tests commercial 5G network
2021-01-28 01:00:00| Total Telecom industry news
Bharti Airtel has today announced the successful test of 5G on a live commercial network in Hyderabad. According to CEO Gopal Vittal, this makes the operator the first in the country to rollout the new technology in the field. The tech milestone was achieved using Airtel&rsquo…read more on TotalTele.com »
Tags: network
commercial
tests
airtel
Bharti Airtel announces exit from Ghana mobile market
2020-10-28 08:37:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel's board has announced that the Ghana government and AirtelTigo are in the advanced stages of concluding an agreement to transfer the mobile operator AirtelTigo to the state. This includes its customers, asserts and agreed liabilities, with 100 percent of shares on a going concern basis.
Tags: market
mobile
exit
ghana
OneWeb confirms UK govt, Bharti consortium as winning bidders in sale process
2020-07-03 14:08:00| Telecompaper Headlines
(Telecompaper) Satellite communications company OneWeb has confirmed a consortium of the UK Government and Bharti Global as the winning bidders in the court-supervised sale process. The deal is expected to completed by Q4 2020, pending approval from OneWeb creditors, the Bankruptcy Court and applicable regulators.
Tags: process
sale
winning
consortium
Bharti Enterprises makes UK-backed bid for OneWeb - report
2020-06-30 09:23:00| Telecompaper Headlines
(Telecompaper) Indian investor Sunil Mittal has submitted a bid for OneWeb, through his company Bharti Enterprises, reports Bloomberg. The offer has the backing of the UK government, people familiar with the matter said.
Tags: report
makes
enterprises
bid
Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt
2020-05-27 06:23:00| Telecompaper Headlines
(Telecompaper) Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said.
Tags: fully
debt
telecom
sells