Bharti-Airtel

Bharti Airtel made an initial prepayment of INR80. 3 billion ($979. 2 million) to the Department of Telecoms (DoT) towards deferred liabilities related to spectrum acquired in an auction in 2015.

Bharti Airtel claimed to have signed up 2 million 5G customers in each of two additional regions, taking its total count to more than 10 million.

Bharti Airtel MD Gopal Vittal credited a focus on subscriber additions for gains in its fiscal Q4 2023 (ending 31 March), with profit up despite high domestic capex as its Africa and mobile businesses fared well.

Bharti Airtel boasted its 5G service reached 3,000 cities and towns across India just days after rival Reliance Jio claimed its next-generation network was available in 2,300 urban areas and towns at end-March.

Bharti Airtel forged a deal with UK-based Secure Meters to deploy smart energy meters running on the operator’s nationwide NB-IoT network, with the aim of reaching 1. 3 million homes in the Indian state of Bihar.

A battle for 5G supremacy in India ramped, with Bharti Airtel claiming coverage reached 500 cities after launching service in parts of an additional 41 urban areas across 16 states days after rival Reliance Jio stated its footprint covered 406…

Bharti Airtel recorded a consistent performance across its portfolio in fiscal Q3 2023 (the period to 31 December 2022), with double-digit gains in its domestic, Africa, mobile and enterprise businesses. Net profit rose 91 per cent year-on-year to INR15.