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Tag: bharti
Bharti mulls offloading Bangladesh, Sri Lanka ops
2015-09-01 02:00:00| Total Telecom industry news
Indian operator plans to hive off towers in both markets via separate transaction.
Tags: sri
lanka
sri lanka
bangladesh
Bharti Airtel to sell Bangladesh, Sri Lanka ops - report
2015-08-31 01:11:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel plans to sell its Bangladesh and Sri Lanka operations and has hired two bankers to conduct the transaction, Indian TV channel CNBC-TV18 reports. According to the same source, Bharti Airtel plans to first sell its tower business, and then the entire operation at a later time. The move is in line with Airtel's strategy of eliminating unproductive operations.
Bharti Airtel agrees to acquire Augere Wireless
2015-08-27 02:00:00| Total Telecom industry news
Deal gives India's biggest operator another 20 MHz of mobile broadband spectrum.
Tags: wireless
acquire
agrees
airtel
Bharti seeks to stay ahead of competition with 4G rollout
2015-08-07 02:00:00| Total Telecom industry news
Indian operator to extend LTE to 296 towns in coming weeks, according to local press.
Tags: with
stay
ahead
competition
Bharti Airtel quarterly revenues up 3% on mobile data growth
2015-08-05 11:39:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported revenues for its fiscal first quarter to June of INR 236.7 billion, up 3.1 percent from a year earlier. Growth was led by mobile data services, up 56.9 percent to INR 34.6 billion as data traffic grew 86.5 percent over the same period. EBITDA increased 6.4 percent to INR 82.6 billion, and the margin rose 1.1 percent points to 34.9 percent, driven by improved profitability in India. EBIT was up 14.2 percent to INR 42.2 billion, and net profit rose 40.2 percent to INR 15.5 billion, as higher interest costs and forex losses were offset by a gain of INR 4.6 billion on towers disposals. Capital expenditure was stable year-on-year at INR 39.9 billion, while operating cash flow rose 13 percent to INR 42.7 billion.
Tags: data
mobile
growth
quarterly
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