News for 'Airtel Africa'

Airtel's Net Profit Plunges in Q3 2025

Airtel's Net Profit Plunges in Q3 2025

Rediff.com5 Feb 2026

Bharti Airtel reported a significant drop in consolidated net profit for the third quarter ended December 2025, citing increased network operating costs and statutory fees.

Airtel to call for Rs 15,741 cr tranche of rights issue

Airtel to call for Rs 15,741 cr tranche of rights issue

Rediff.com19 Dec 2025

India's second-largest telecom service provider Bharti Airtel will call in March 2026 the final tranche of about Rs 15,741 crore from its 2021 rights issue of Rs 21,000 crore, proceeds from which will be used towards retiring majority of non-government-related debt.

Bharti Airtel Q2 profit more than doubles to Rs 8,651 crore

Bharti Airtel Q2 profit more than doubles to Rs 8,651 crore

Rediff.com3 Nov 2025

Bharti Airtel on Monday reported over twofold jump in consolidated net profit at Rs 8,651 crore for September quarter FY26, mainly on account of growth in high-paying smartphone customers and post-paid connections.

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Bharti Enterprises, Warburg Pincus to acquire 49% stake in Haier India

Rediff.com25 Dec 2025

Sunil Bharti Mittal-led conglomerate Bharti Enterprises and private equity firm Warburg Pincus will collectively acquire a 49 per cent stake in Haier Appliances India, the local unit of China's Shandong-based Haier group, for an undisclosed amount. The transaction, according to industry sources, values the company at about 15,000 crore.

Can Airtel convert AGR dues into govt equity?

Can Airtel convert AGR dues into govt equity?

Rediff.com15 May 2025

Bharti Airtel vice-chairman & managing director Gopal Vittal on Wednesday said while a call on exercising the option of converting pending spectrum dues into government equity would be taken by its board, the company had reached out to the Department of Telecommunications (DoT) to confirm whether it could do so. "On the adjusted gross revenue (AGR) conversion, it was simple.

Airtel may see highest revenue growth, user addition in Q3

Airtel may see highest revenue growth, user addition in Q3

Rediff.com16 Jan 2025

Bharti Airtel is expected to see its highest revenue growth, and subscriber addition during the third quarter (October-December) of FY25 among telcos, said analysts. The telco's top line in Q3 may see the fastest sequential growth at 5 per cent compared to 3 per cent for Reliance Jio and Vodafone Idea (Vi). Airtel's annual mobile revenue growth would rise to 16 per cent, IIFL Capital said in an analyst note.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.

Bharti Telecom to buy 3.33% Airtel stake from Singtel

Bharti Telecom to buy 3.33% Airtel stake from Singtel

Rediff.com25 Aug 2022

Bharti Airtel promoter Bharti Telecom will buy a 3.33 per cent Airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days' time, the telecom operator said on Thursday. Bharti Group chairman Sunil Bharti Mittal's family and Singtel are co-investors in Bharti Telecom (BTL). Singtel in a statement said that after the transaction, Singtel Group is expected to own an effective stake of 29.7 per cent in Bharti Airtel, which is estimated to be worth SGD 22 billion (about Rs 1.26 lakh crore).

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Bharti Airtel Q1 profit jumps 2.5 times to Rs 4,160 cr

Rediff.com5 Aug 2024

Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.

Growth prospects, deleveraging to drive gains for Bharti Airtel stock

Growth prospects, deleveraging to drive gains for Bharti Airtel stock

Rediff.com22 Sep 2023

There have been several positive signals in Bharti Airtel with revenue market share (RMS) growth, better visibility of profits from Africa, and enough free cash flow to pursue deleveraging. Airtel's 4G and 5G data subscriber net additions were 5.6 million in Q1FY24, and 24.5 million in the last 12 months. Airtel currently has 230 million data subscribers on 4G/5G, which is about 70 per cent penetration of its base of 339 million subscribers.

Price hike, capex moderation key for further gains in Bharti Airtel stock

Price hike, capex moderation key for further gains in Bharti Airtel stock

Rediff.com18 Jun 2024

From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.

Airtel readies plan to dominate African markets

Airtel readies plan to dominate African markets

Rediff.com29 Jan 2019

The 3G, 4G data and Airtel Money services are the next growth engines for the company in Africa.

India's next big business op: Hub for undersea cables?

India's next big business op: Hub for undersea cables?

Rediff.com2 Apr 2025

While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.

Airtel's Q3 net rises 54% to Rs 2,442 crore

Airtel's Q3 net rises 54% to Rs 2,442 crore

Rediff.com5 Feb 2024

Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in the December quarter, mainly on account of growth in high value customers. Airtel prepaid mobile customers are required to pay at least Rs 155 for about a month-long service as the company had raised rates by 56 per cent in January 2023. Bharti Airtel managing director Gopal Vittal has indicated a need for further increase in mobile services rates.

Bharti Airtel Q3 net profit surges 92% to Rs 1,588 crore

Bharti Airtel Q3 net profit surges 92% to Rs 1,588 crore

Rediff.com7 Feb 2023

Telecom operator Bharti Airtel on Tuesday reported a 91.5 per cent year-on-year rise in consolidated net profit at Rs 1,588 crore for the three months ended December 2022, helped by competitive growth across businesses. Total revenue rose nearly 20 per cent to Rs 35,804 crore in the third quarter of the current financial year "backed by strong and consistent performance delivery across the portfolio", the company said in a statement. Its consolidated net income (after exceptional items) stood at Rs 1,588 crore for the just ended quarter, translating into an increase of 91.5 per cent year-on-year.

Market turbulence costs Airtel dear; Q3 net income plunges 72%

Market turbulence costs Airtel dear; Q3 net income plunges 72%

Rediff.com31 Jan 2019

Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.

Brand Airtel heads to Africa

Brand Airtel heads to Africa

Rediff.com1 Apr 2010

Bharti Airtel is counting on its "endearing" brand to build on its acquisition of Zain Telecom's African operations. In addition, it aims to do what Indian companies are getting increasingly known for: Reduce costs.

Meta to jointly invest with Airtel in telecom infrastructure

Meta to jointly invest with Airtel in telecom infrastructure

Rediff.com5 Dec 2022

Social media giant Meta Platforms and Bharti Airtel on Monday announced a collaboration to jointly invest in telecom infrastructure to cater to the rising demand of high speed data and digital services in India. The announcement comes on the back of telecom operators' demand to share revenue with service providers to build networks. "Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS (communications platform as a service) based new-age digital solutions to support the emerging requirements of customers and enterprises in India," the statement said.

Airtel, Nokia tie up for VAS in Africa

Airtel, Nokia tie up for VAS in Africa

Rediff.com2 Apr 2013

Nokia Life services, where the information is customised and designed to meet customer needs in areas such as education, agriculture, healthcare, livelihood and even spirituality, are delivered as SMS messages to the consumers.

'No Intention Of A Takeover in British Telecom'

'No Intention Of A Takeover in British Telecom'

Rediff.com22 Aug 2024

'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'

Bharti Airtel: Third time lucky in Africa?

Bharti Airtel: Third time lucky in Africa?

Rediff.com16 Feb 2010

With competitive pressures increasing at home, Bharti is making a third attempt to gain a foothold in the African market.

Bharti Airtel's Q4 results give hope, experts see stock gaining 10-25%

Bharti Airtel's Q4 results give hope, experts see stock gaining 10-25%

Rediff.com25 May 2023

Bharti Airtel delivered encouraging results for the January-March quarter of the 2022-23 financial year (Q4FY23) as telecom and associated services moved into the 5G zone. In India, Airtel's mobile Q4 revenue and Ebitda (earnings before interest, tax, depreciation and amortisation) were Rs 19,550 crore (up 1 per cent quarter-on-quarter or QoQ) and Rs 10,530 crore (up 1.1 per cent QoQ), respectively. The Ebitda margin was flat at 52.2 per cent.

Bharti Airtel Q2 net up 10% at Rs 1,523 crore

Bharti Airtel Q2 net up 10% at Rs 1,523 crore

Rediff.com26 Oct 2015

Consolidated EBITDA came in at Rs 8,265 crore.

Home Is Where The Revenue Is, Find India's Biggest MNCs

Home Is Where The Revenue Is, Find India's Biggest MNCs

Rediff.com8 Mar 2024

In FY23, Indian operations accounted for 41.6 per cent of the consolidated revenue of India's top five multinationals, up from 34 per cent in FY18 and 33.2 per cent and 34.2 per cent in FY21.

Airtel to launch 5G services this month, cover every town by 2024

Airtel to launch 5G services this month, cover every town by 2024

Rediff.com9 Aug 2022

Telecom operator Bharti Airtel will start rolling out 5G services this month and cover all towns and key rural areas of the country by March 2024, a senior company official said on Tuesday. Bharti Airtel managing director and CEO Gopal Vittal also said that the price of mobile services in India is very low and needs to go up. "We intend to launch 5G starting August and extend to a Pan India roll out very soon.

Bharti Airtel Q3 net profit dips 2.8% to Rs 830 cr

Bharti Airtel Q3 net profit dips 2.8% to Rs 830 cr

Rediff.com8 Feb 2022

Telecom operator Bharti Airtel on Tuesday reported a 2.8 per cent decline in its consolidated net profit to Rs 830 crore for the third quarter ended December 2021. The company had recorded a net profit of Rs 854 crore in the same period a year ago. Consolidated revenue increased by 12.6 per cent to Rs 29,867 crore, from Rs 26,518 crore in the December 2020 quarter.

Bharti Airtel Q3 profit jumps over 2-fold to Rs 1,437 crore

Bharti Airtel Q3 profit jumps over 2-fold to Rs 1,437 crore

Rediff.com4 Feb 2015

Telecom major Bharti Airtel on Wednesday reported over two-fold jump in consolidated net profit at Rs 1,436.5 crore in the third quarter of 2014-15 on the back of continued growth in mobile data revenue.

Bharti Airtel needs to fine-tune biz strategies in Africa

Bharti Airtel needs to fine-tune biz strategies in Africa

Rediff.com15 Apr 2014

Bharti'suarterly revenue run rate continues to be hover around the $1.2 billion mar

Jio woes: Airtel Q1 net profit tanks 75% to Rs 367 crore

Jio woes: Airtel Q1 net profit tanks 75% to Rs 367 crore

Rediff.com25 Jul 2017

Average data usage on Airtel India network grew about three fold to 2611 megabyte (about 2.5 GB) per customer from 904 MB on YoY basis. But the average revenue from the data services per customer declined by 22.7 per cent during the period.

Airtel in pact with NSN to expand network in Africa

Airtel in pact with NSN to expand network in Africa

Rediff.com29 Sep 2011

The country's largest private telecom operator Bharti Airtel on Thursday entered into an agreement with Nokia Siemens Networks (NSN) to expand its 2G network and roll-out its 3G network in seven African countries for an undisclosed amount.

Bharti Airtel logs Q2 net profit at Rs 1,134 cr

Bharti Airtel logs Q2 net profit at Rs 1,134 cr

Rediff.com2 Nov 2021

India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.

Airtel becomes world's third largest mobile operator

Airtel becomes world's third largest mobile operator

Rediff.com30 Jun 2015

Sunil Mittal-led Bharti Airtel has become the world's third largest mobile operator with 303 million subscribers.

Bharti Airtel's India biz grows, but Africa still a concern

Bharti Airtel's India biz grows, but Africa still a concern

Rediff.com30 Apr 2014

Bharti's operating margin for India wireless business grew 80 basis points sequentially to 34.9 per cent.

What does Airtel's Q4 result indicate?

What does Airtel's Q4 result indicate?

Rediff.com8 May 2019

Bharti's ratings headroom is likely to improve with an equity infusion, planned asset sales and growing EBITDA from Africa.

Airtel unveils its new logo

Airtel unveils its new logo

Rediff.com18 Nov 2010

Telecom major Bharti Airtel unveiled its new logo on Thursday, November 18, and also announced that its subscriber base has crossed the 200 million mark, with nearly 150 million users in the domestic market alone. The company has 40 million users in Africa, while the rest are in Bangladesh and Sri Lanka.

How newbie Jio managed to trump Airtel

How newbie Jio managed to trump Airtel

Rediff.com20 Jan 2018

While Airtel's India wireless operational performance was one of its worst in recent times, Jio surprised the Street by reporting a higher expected operating and net profit.

Bharti Airtel to acquire Warid's Congo operations

Bharti Airtel to acquire Warid's Congo operations

Rediff.com5 Nov 2013

The acquisition will make Airtel the largest mobile operator in the Republic of Congo with around 2.6 million customers, the company said in a statement.

Airtel Q4 net profit up 29% on exceptional gains

Airtel Q4 net profit up 29% on exceptional gains

Rediff.com6 May 2019

Revenue soared 6.2 per cent to Rs 20,602.2 crore for the three months ended March 31, 2019.

How Bharti Airtel plans to make it big in Africa

How Bharti Airtel plans to make it big in Africa

Rediff.com10 Jun 2011

The man: Manoj Kohli, the affable CEO of Bharti Airtel's international business. The challenge: Replicate Bharti's low-cost operational model so successful in India across 16 diverse African countries, including Nigeria, Kenya, Ghana and Congo.