Under the plan, customers can enjoy unlimited STD calls to anywhere in India to any mobile or landline number for 30 days at a tariff of 75 paise per minute by recharging with a Rs 47 pack, Airtel said.
Bharti Airtel said it might look at diluting some of its equity either at Bharti Airtel or at its tower subsidiary as one of the options to fund the $10.7-billion acquisition of African assets of Zain Telecom.
Over the past week, the BSE Sensex ended on a muted note, showing a marginal gain of 2.25 points at 28,114.56.
Bharti Airtel has awarded Swedish telecom vendor Ericsson a $1 billion (about Rs 4500 crore or Rs 45 billion) contract extending over three years.
Today is the last date for submitting the applications and companies have the option to withdraw them by January 27.
Indian telecom giant Bharti Airtel has now become India's biggest music company, overtaking the industry leader Saregama, on the back of its music-related value-added mobile services, a top executive has said.
Bharti Airtel operates in 20 countries across Asia and Africa and is the world's fourth-biggest cellular carrier by customers
Major laggards among Sensex constituents included Bharti Airtel, Hindustan Unilever, Tata Steel and ITC. Power Grid, UltraTech Cement, NTPC and Titan emerged as winners.
Airtel has allocated 199,870,006 new equity shares at price of Rs 340 each share, representing 5 per cent equity stake in the company to QFE.
As per TRAI norms, Vodafone and Airtel are close to getting added spectrums, given their growing subscriber rates.
Tata companies perform well while major firms in emerging markets do badly.
AGR dues calculated by the government for 16 entities add up to Rs 1.69 lakh crore, while telcos' self-assessment place their dues at a mere Rs 37,176 crore.
The JV between the two has won BWA spectrum in Delhi, Mumbai, Haryana and Kerala.
A Delhi court on Tuesday summoned as accused chairman-cum-managing director of Bharti Cellular Ltd Sunil Bharti Mittal, Essar Group promoter Ravi Ruia and five others in a case relating to alleged irregularities in allocation of additional spectrum to Airtel and Vodafone during the National Democratic All regime.
Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points.
Airtel, a member of Asia's largest mobile alliance, Bridge Mobile, on Monday announced a suite of services that will enable its customers access, among other facilities, seamless roaming when they are abroad.
In order to help voters make informed choice, Bharti Airtel said it is offering its pre-paid users 50 MB free Internet usage on Thursday.
Telecom Regulatory Authority of India said on Tuesday that the quality of services by private mobile operators
Gains in IndusInd Bank, HCL Tech, TCS, Tech Mahindra, NTPC, ITC, JSW Steel and Tata Steel helped the barometer scale a fresh high. Axis Bank fell the most by 1.26 per cent, M&M by 0.99 per cent and Hindustan Unilever by 0.67 per cent. Maruti, Bajaj Finserv, Bharti Airtel and HDFC Bank and Infosys also declined.
The Commission was critical of the fact that the information relating to subscribers, which was confidential and lying with mobile companies, was being passed on to telemarketing agencies without the users' consent.
The launch will lower phone bills and enable customers to use a single phone with a common number for mobile and fixed-line calls.
Bharti Enterprises Group CFO Sarvjit S Dhillon said there is more clarity on the regulatory front now, which is a good sign for the industry.
The trophy for the upcoming Airtel India-Australia series, which starts with the first Test at Mohali on Friday, was unveiled in Chandigarh on Wednesday. India captain M S Dhoni and his Australian counterpart Ricky Ponting unveiled the glittering trophy at a function held in the hotel where the two teams are staying.
Bharti Airtel, nearly a third owned by Southeast Asia's top phone carrier SingTel, said it was helped by lower competition and an increase in voice call prices.
The Delhi HC has asked the department of telecommunications to not take any coercive action until the next hearing of the case.
The scrip was the biggest loser on both Sensex and Nifty.
Maharashtra Navnirman Sena chief Raj Thackeray on Tuesday asked party workers to remove the 'tail' from mobile service provider Airtel for failing to launch announcements in Marathi.
AirTel on Wednesday offered 10 options to its pre-paid subscribers including zero calling value but 45 days of validity for a recharge card of Rs 324 and in another option offering a calling value of as high as Rs 250 but with zero validity period.
ITC was the biggest loser from the Sensex pack, sliding 2.04 per cent, followed by Power Grid, Reliance Industries, Larsen & Toubro, Nestle, Kotak Mahindra Bank, Bajaj Finance and JSW Steel. On the other hand, Titan, State Bank of India, Bajaj Finserv, Axis Bank, Tata Steel, Sun Pharma, Tech Mahindra and Bharti Airtel were the gainers.
UltraTech Cement was the biggest gainer in the Sensex pack, rising 2.43 per cent, followed by NTPC, Tata Motors, Infosys, Power Grid, Mahindra & Mahindra, Larsen & Toubro, Maruti, Wipro and SBI were the major gainers. In contrast, Tata Steel, Bharti Airtel, Bajaj Finserv, Axis Bank, Bajaj Finance and JSW Steel were the major laggards.
Titan surged 2.98 per cent, followed by IndusInd Bank, ITC, JSW Steel, Infosys, Tech Mahindra, Tata Consultancy Services and Maruti. Hindustan Unilever, Asian Paints, Bharti Airtel and HDFC Bank were among the laggards.
Country's largest telecom service provider Bharti Airtel on Monday revealed its plans to launch iPhone 4, the latest product from Apple Computers's stable, by October.
These circles account for 23 per cent of Bharti's revenues and armed with additional spectrum, it will eat into rivals' share
Plans to form JV for its data centre business
With competitive pressures increasing at home, Bharti is making a third attempt to gain a foothold in the African market.
Warid Telecom, a wholly-owned subsidiary of the Dhabi Group, offers mobile telecom services with a user base of over 2.9 million in Bangladesh.
Mobile applications will now take centre-stage as Bharti Airtel grows its business.
Cellular major Airtel would be offering its services in Jammu and Kashmir by June next year thus becoming the first private sector operator to enter the militancy-affected state.