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Bharti Airtel completes Videocon spectrum deal

2016-05-24 02:00:00| Total Telecom industry news

Indian operator pays INR44.3 billion for 1800-MHz frequencies in six telecom circles.

Tags: deal spectrum completes airtel

 

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.

Tags: to sell towers helios

 
 

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.

Tags: use data mobile revenue

 

Bharti buys Aircel 2.3-GHz spectrum

2016-04-11 02:00:00| Total Telecom industry news

Indian mobile market leader to pay 462 million for 2.3-GHz frequencies in eight circles.

Tags: spectrum buys bharti aircel

 

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