After outsourcing its network management and IT operations, Sunil Mittal-owned Bharti Group has given contract of its call centre operations for mobile services to four global majors in a deal, valued cumulatively at Rs 1,000 crore.
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
Amid the ongoing controversy over outsourcing to India, Atlinks has entered into an alliance with Bharti Teletech as part of which the latter would manufacture fixed line phones for Atlinks for global exports.
Sunil Mittal-owned Bharti Group may soon become the first private telecom company to offer services in Jammu and Kashmir if their licence application gets government approval.
The Bharti group has applied to the government for a licence to operate direct-to-home television services.
Bharti Group-backed OneWeb on Monday said it has entered an arrangement with the commercial arm of ISRO, NewSpace India Limited (NSIL), to launch its satellite in India from 2022.
200 hypermarket and large format stores by 2010.
Demanding a level playing field for the old operators, Bharti group chief Sunil Mittal told PTI: 'our view is that the spectrum given to us and other operators from time to time is under a policy and there is no question of any additional payment for this.'
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.
Bharti Teletech, India's largest fixed line phone manufacturer and flagship of the AirTel Group, on Friday announced its entry into digital set top boxes used for the direct-to-home services with an initial investment of $2 million.
Bharti Airtel will start talks for "disengagement" from its partner Vodafone once the UK company decides on its future course of action in India.
A new dimension will be added to the India's growth story by Bharti Airtel's acquisition of Kuwait's Zain Telecom, besides enhancing the country's brand equity
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.
UK telecom giant Vodafone has offloaded its 5.6 per cent direct stake in India's mobile leader Bharti Airtel to promoter Sunil Mittal's group for $1.6 billion, coinciding its acquisition of controlling stake in Hutch-Essar.
Taking advantage of liberalised norms for external commercial borrowings to raise upto $500 million through the automatic route, Sunil Mittal-promoted Bharti Group is planning to tap the overseas market next fiscal.
Bharti Enterprises on Tuesday said it expected to start its life insurance venture with French major Axa by June end.
Prime Minister Narendra Modi-led National Democratic Alliance government has changed the telecom policy after receiving electoral bonds worth Rs 150 crore from a company, All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi claimed on Thursday.
Sunil Mittal-owned Bharti group on Friday announced it would buy 27.5 per cent stake of Telesystem International Wireless of Canada in Hexacom, a cellular telecom operator in Rajasthan.
Bharti Group, which has joined hands with industry leader Wal-Mart for a foray into
The celebrations are set to continue through the day. CMS also arranged a live AXIOM mission broadcast, a replica of the ISS Cupola module, a "Defy Gravity" photo booth, telescope viewings, and a simulated Mission Control Centre.
'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.'
The Indian military also acknowledged suffering some losses but declined to provide the details as the operations are going on.
An Indian consumer pressure group has warned that a proposed deal between Bharti, the country's largest mobile operator, and South Africa's MTN could breach the country's foreign ownership rules.
Sunil Mittal promoted Bharti Group garnered the largest subscriber base of 37.50 lakh (3.75 million), followed by BSNL and Hutchison Group.\n
Bharti Group, which has bid for modernisation of the Delhi airport, would consider taking up similar jobs for other non-metro airports if it wins the bid, its chief Sunil Mittal said on Tuesday.
US retail giant Walmart has asked the government for more time to convert $100 million of debentures held in a Bharti Group unit, an investment that's being investigated for alleged violation of norms.
The company is looking at prepaying a part of the debt. It would be in the range of $800-900 million, Bharti Group chief financial officer Manik Jhangiani said.
The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through their local vendors in China.
This could mean an end to the talks for a possible partnership between the two firms in the multi-brand retail space -- less than a year after 51 per cent foreign investment was allowed in the sector.
While Bharti's retail stores will be fully Indian, they will be able to take advantage of the tremendously low prices and technology advantages that Wal-Mart will bring to Mittal-Mart's sourcing.
While elaborating on its international business, including the cash-and-carry or wholesale stores in a joint venture (JV) with the Bharti group, Walmart has pointed out that the list does not include the 'franchised' retail stores.
The Bharti Group is raising $320 million in loans from a clutch of banks, including ABN AMRO and Singapore's DBS Bank, group chairman Sunil Mittal said on Tuesday.\n\n\n\n
Bharti Enterprises will kick off its retail venture early next year, opening half-a-dozen stores -- branding of which is still being worked out with its back-end partner Wal-Mart.
Bharti Airtel on Tuesday said there was no government scrutiny on the company's decision to buy back 5.6 per cent stake from Vodafone and the transaction was within the foreign investment norms in the telecom sector.
Even as the government deferred the decision to enhance foreign investment limit in telecom, Sunil Mittal-owned Bharti Group said on Thursday that its offer to buy Canadian TIW's 27.5 per cent stake in Hexacom has been terminated
Reliance Jio has urged telecom regulator Trai to come up with a revised paper on spectrum allocation for satellite communication alleging that it ignores the key point of ensuring level-playing field between satellite and terrestrial services. In a letter to the Telecom Regulatory Authority of India (Trai) chairman, Anil Kumar Lahoti, Reliance Jio has sought revision of the consultation paper on recommending rules for "terms and conditions for the assignment of spectrum for certain satellite-based commercial communication services".
