Earlier this year, Airtel Payments Bank had cited a strong growth trajectory for the December 2023 quarter with revenues at Rs 469 crore, up 47 per cent year-on-year, while net profit stood at Rs 11 crore, up 120 per cent over the year-ago period.
Bharti Airtel prepays Rs 8,815 crore to clear deferred liabilities for spectrum acquired in 2015 : Rashtra News #Bharti #Airtel #prepays #crore #clear #deferred #liabilities #spectrum #acquired “Over the last four months, Airtel has cleared INR 24,334 crores of its deferred spectrum liabilities much ahead of scheduled maturities,” the company said. Bharti Airtel said on
Airtel to spend Rs 1.17 lakh crore on various businesses with subsidiaries over a period of 5 years : Rashtra News #Airtel #spend #lakh #crore #businesses #subsidiaries #period #years Highlights Bharti Airtel has plans to spend about Rs 1.17 lakh crore through business transactions The company will hold an extraordinary general meeting of the members
Bharti Airtel: The Carlyle Group, among the world’s largest investment firms, is looking to sell the stake for Rs 7,000-7,500 crore, valuing Airtel’s data centre unit at Rs 24,000-29,000 crore ($3-3.5 billion, inclusive of debt), the people cited said.
In December 2023, Bharti Airtel outpaced Reliance Jio in adding active users, driven by robust mobile broadband gains, while Vodafone Idea (Vi) continued to lose users, indicating its ongoing struggle against its larger competitors. Airtel added 3 million active users, Jio added 1.21 million, and Vi lost 1.84 million. Airtel s active user base reached 377.54 million, Jio s rose to 424.51 million, and Vi s shrank to 196.68 million.