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Sufficient Competition In Telecom Sector Despite Consolidation: Government

Despite consolidation witnessed in the telecom sector in the last decade, there is sufficient competition, government has said ....

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Bharti Airtel board meet on February 17; to discuss future strategic plans

Bharti Airtel board meet on February 17; to discuss future strategic plans
Airtel s board had on February 3 approved raising Rs 7,500 crore via debt instruments such as bonds and debentures in one or more instalments
BusinessToday.In | February 13, 2021 | Updated 08:32 IST
Airtel had recently reported a net profit of Rs 854 crore for the third quarter ended December 2020
Bharti Airtel s board is slated to meet on February 17 to discuss future strategic plans and reorganisation of shareholding framework of its subsidiaries, the telecom operator said in a stock exchange filing on Friday.
The strategic plan may result in consolidation or acquisition of shares of its subsidiary companies, the payment for which may be made through the issuance of equity shares on a preferential basis and/or cash, Airtel further stated. ....

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