The company, which on March 11 raised $1 billion through a 10-year bond issue, raised $500 million through senior notes.
Bharti has been expanding its spectrum portfolio and now owns 4G data across all 22 circles in India
Bharti Airtel on Wednesday announced a new corporate structure to sharpen the company's focus on rapidly unfolding digital opportunities while enabling it to unlock value. The move comes at a time when digital is turning out to be a compelling proposition for players in the Indian market, where the use of smartphones and better broadband connectivity has spurred the adoption of a new range of services. Players are positioning themselves beyond the core telephony offerings, as they enhance digital engagement, build future streams of revenue and create brand differentiation, besides redefining themselves as a larger platform of digital services, say market watchers.
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.
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.
Reasserting its emotional connect with consumers -- something that is at the core of its brand philosophy --, Bharti Airtel last week rolled out a new plan called Special 5 for all its 100 million mobile phone customers.
ontinuing its acquisition spree in the international market, Bharti Airtel on Wednesday said the company will acquire 100 per cent stake in Telecom Seychelles for $62 million (about Rs 288 crore).
An internal committee of Department of Telecom had alleged that Bharti Airtel had continued to route national and international calls as local calls under a scheme till 2005 despite being told to stop it in 2003.
Plans to form JV for its data centre business
India's largest cellular service company Bharti Airtel will invest $600 million in Nigeria's mobile market following its take over of Zain Telecom's African business for around SUD 10.7 billion.
Indian benchmark indices Sensex and Nifty closed lower in a volatile session due to profit-taking in banking and financial shares, despite earlier gains driven by easing geopolitical tensions. Analysts suggest investors remain cautious and are not aggressively chasing the recent rally.
Indian stock markets experienced a significant sell-off, with the Sensex tumbling over 1,300 points, driven by escalating crude oil prices due to US-Iran tensions and Prime Minister Narendra Modi's call for austerity measures, which amplified investor concerns about India's economic outlook.
The loans in rupees would cover any associated transaction costs. Standard Chartered Bank, State Bank of India and Barclays are the major contributors to this debt portfolio.
Benchmark indices Sensex and Nifty ended lower on Thursday, snapping a three-day rally, amid a weak trend in global stock markets.
The sale proceeds will be fully utilised to repay debt at Bharti Telecom and will make the promoter holding firm a 'debt free company'.
Among the Sensex constituents, Eternal, Trent, Bharti Airtel, Infosys, Tech Mahindra, UltraTech Cement, ICICI Bank, HDFC Bank, Bajaj Finance, Tata Consultancy Services, Bharat Electronics Ltd, Larsen & Toubro and Tata Motors Passenger Vehicles were the laggards. However, Tata Steel, Sun Pharmaceuticals, ITC, NTPC, Reliance Industries, HCL Technologies, PowerGrid, and Asian Paints were among the gainers.
App-based communication services providers and Indian telcos are at loggerheads over the SIM-binding directions issued by the department of telecom, which are to be complied with by the end of February 2026.
Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Stock markets would remain closed on Wednesday for the Guru Nanak Gurpurab holiday.
Buoyed by excellent response in December, hopes to raise a total of 1 billion to refinance notes due end-2018.
The company has given an initial pricing guidance of 5.5 per cent. The final coupon and size will be fixed later today," a merchant banker working on the issue told PTI.
Within a year of Gopal Vittal becoming the joint MD and CEO of Bharti Airtel's India operations, the company has elevated him as the MD and CEO for Bharti Airtel's operations in India and South Asia.
Among Sensex firms, Tata Motors, Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries were the major gainers. However, Hindustan Unilever, UltraTech Cement, Bharat Electronics and ITC were among the laggards.
With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49.
Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .
Incidentally, the shareholders' approval for Shravin Mittal's appointment with an annual salary of up to Euro 250,000 (nearly Rs 1.50 crore), came on the same day (September one) when Wipro promoted chairman Azim Premji's son Rishad as chief strategy officer. Shravin would be a staff member in Bharti Airtel International (Netherlands) BV, or BAIN.
Telecom major Bharti Airtel on Monday unveiled its wholesale service portfolio that will enable telecom operators across 50 countries access its services. Bharti Airtel's wholesale portfolio will offer MPLS, ethernet, IP and International Private Leased Circuit (IPLC) services to global carriers through its global network with a reach to 50 countries, Bharti Airtel said in a statement.
Bharti Airtel (Singapore) Pte Ltd, a subsidiary of Bharti Airtel, said on Monday it has been awarded the facility-based operator licence in Singapore, which will enable it to operate international carrier facilities from there.
The company faces $3-bn payout to Econet Wireless.
Internet giant Google will invest USD 1 billion in telecom major Bharti Airtel, which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.
Bharti Airtel has partnered with UK based in-flight solutions company AeroMobile to offer on-flight cell-phone connectivity to its customers.
Airtel Xstream will allow its subscribers to access live TV, video, music, news and sports on an over-the-top smart stick, interned-enabled set top box, and handheld devices.
BSE benchmark Sensex plummeted over 388 points to close at 58,576.37 on Tuesday, tracking weakness in index majors Wipro, RIL and Bharti Airtel amid a weak trend in global markets. Investors also remained cautious ahead of crucial macroeconomic data announcements -- industrial production for February and inflation rate for March -- post trading hours. The Sensex declined 388.20 points or 0.66 per cent to settle at 58,576.37. During the day, the benchmark tanked 666 points or 1.12 per cent to 58,298.57.
Airtel on Wednesday said its customers can enjoy free unlimited incoming calls on international roaming while travelling to popular destinations like the US, Canada, the UK and Singapore.
Sunil Mittal will become executive chairman.
From the Sensex constituents, Tata Steel, Bajaj Finance, Bharti Airtel, Adani Ports, Eternal, Bajaj Finserv, NTPC, HDFC Bank, Reliance Industries and Axis Bank were among the major gainers. In contrast, Trent, State Bank of India, Tech Mahindra, Maruti and Mahindra & Mahindra were among the laggards.
Bharti Airtel, India's number one cellular operator on Tuesday received the nod from Bangladesh's telecom regulator to purchase 70 per cent stake in Warid Telecom and to invest $300 million in the company.
Total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18
'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'
Sanjay Kapoor is the man handpicked by Sunil Mittal, the founder promoter of Bharti Enterprises, to get the next 100 million subscribers for the group's mobile telephony arm, Bharti Airtel. In the space of just a year, Kapoor has been promoted a second time.
Shares of Bharti Airtel on Wednesday fell 6 per cent amid reports that the government is learnt to have approved levying of Rs 650-crore penalty on the company for violating roaming norms in 13 service areas between 2003 and 2005.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances