Tag: Airtel

Airtel emitting strong signals; improving margins along with debt-reduction

Bharti Airtel reported encouraging results for the April-June quarter (Q1) of 2023-24 financial year (FY24) with consolidated revenues and earnings before interest, taxes, depreciation, and amortization (Ebitda) of Rs 37,400 crore and Rs 19,750 crore, respectively. The revenues were up 4 per cent quarter-on-quarter (Q-o-Q) and up 14 per cent year-on-year (Y-o-Y). Ebitda was… Continue reading Airtel emitting strong signals; improving margins along with debt-reduction

JioPhone 2 slightly expensive than available feature phone: Airtel MD

JioPhone2 meant to target 2G user base is slightly expensive compared to other options available in the market and it is early to assess the impact on the target market, a senior Bharti Airtel official said on Friday. Bharti Airtel Managing Director Gopal Vittal during the company’s earning call said that the company… Continue reading JioPhone 2 slightly expensive than available feature phone: Airtel MD

SBI, Zomato, Paytm, Airtel, M&M, Vedanta, GAIL

Stocks to Watch on Friday, August 4: Equity markets will continue to track global cues and June quarter (Q1FY24) results on Friday. At 7:50 AM, Gift Nifty was quoting at 19,484 as against Nifty50’s spot close of 19,382 on Thursday and Nifty Futures’ previous close of 19,472. Globally, Asia-Pacific markets were mixed on… Continue reading SBI, Zomato, Paytm, Airtel, M&M, Vedanta, GAIL

Bharti Airtel dials Arpu at Rs 200 a month in Q1

Leading telecom operator Bharti Airtel has broken a 10-year jinx of sorts to touch the magic Arpu figure of Rs. 200 a month. Arpu is a critical metric for a telco, capturing the monthly average revenue per user. Against Bharti Airtel’s April-June FY24 montly Arpu at Rs. 200, Reliance Jio — with highest subscribers… Continue reading Bharti Airtel dials Arpu at Rs 200 a month in Q1

Titan, IndiGo, MMTC, Airtel, Adani Ent, Nykaa

Stocks to Watch on Thursday, August 3: Global markets have extended their fall into second straight day on Thursday as ratings downgrade for the US by Fitch Ratings has triggered panic sell-off. Hong Kong’s Hang Seng index dropped 0.23 per cent, Japan’s Nikkei 225 tumbled 1.03 per cent, and Australia’s S&P/ASX 200 slid… Continue reading Titan, IndiGo, MMTC, Airtel, Adani Ent, Nykaa

Airtel ARPU may near Rs 200-mark; Voda to see muted subs churn

Telecom Q1 Preview: Telecom services providers, Bharti Airtel and Vodafone Idea, may see stable earnings in the April-June quarter (Q1FY24) as 4G mix benefit, market share gains (for Airtel), and slowdown in subscriber churn may support topline, analysts said. Besides, the transition to 4G from 2G, premiumisation (moving to higher data plans/postpaid), and… Continue reading Airtel ARPU may near Rs 200-mark; Voda to see muted subs churn

Bharti Airtel to target SMBs market with Airtel IQ messaging platform

Telecom operator Bharti Airtel is looking to garner a major share in enterprise communication services segment of small and medium businesses with its new Airtel IQ Reach platform, a senior company official said on Tuesday. Airtel’s communications platform as a service (CPaas) Airtel IQ Reach will enable small and medium businesses to engage… Continue reading Bharti Airtel to target SMBs market with Airtel IQ messaging platform

Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May

New customer addition by telecom operators Reliance Jio and Bharti Airtel led to a marginal growth in the country’s telecom subscriber base to 1,172.57 million in May, according to a report released by regulator Trai on Tuesday. Subscriber loss of Vodafone Idea, BSNL and MTNL mitigated the growth of the telecom user base… Continue reading Reliance Jio, Airtel drive telecom subscriber base to 1,172.57 mn in May

Airtel launches self-service digital marketing product Airtel IQ Reach

Bharti Airtel announced on Tuesday the launch of Airtel IQ Reach, a self-serve marketing communications platform targeting small businesses. The platform allows these businesses to leverage Airtel’s extensive user base to enhance customer engagement. Positioned under Airtel IQ — hailed by the company as the world’s first network-embedded Communications Platform as a Service… Continue reading Airtel launches self-service digital marketing product Airtel IQ Reach