Airtel

New Delhi: Bharti Airtel’s consolidated net profit for the 2017-18 first quarter (April-June) dropped by 75 per cent, a company statement said here on Tuesday. The company posted consolidated net profit of Rs 367 crore for the first quarter of 2017-18 compared with Rs 1,462 crore posted during the same period a year ago. “The pricing …

New Delhi: The Competition Commission of India (CCI) on Friday rejected Bharti Airtel’s complaint against Reliance Industries Limited (RIL) and Reliance Jio alleging anti-competitive practices by them. “The Informant (Bharti Airtel) has also made contradictory submissions of the impugned free services of OP-2 (Reliance Jio) as being an outcome of leverage of dominant position by …

The company had earlier announced (February 23, 2017) that it has entered into a definitive agreement with Telenor South Asia Investments. As part of the scheme, Airtel will acquire Telenor India's running operations in seven circles - Andhra Pradesh, Bihar, Maharashtra, Gujarat, Uttar Pradesh (East), Uttar Pradesh (West) and Assam

New Delhi: Sticking to its earlier stand, the Indian telecom regulator on Wednesday recommended penal action against three operators — Bharti Airtel, Vodafone India and Idea Cellular — for not providing adequate points of interconnections (PoI) to newcomer Reliance Jio. The amount of penalty the three collectively have to pay is Rs 3050 crore. In …

New Delhi: In a bid to co-create an ecosystem to address the country’s growing communication and mobility needs, Airtel and Ola on Monday announced a strategic partnership to offer several digital services to their customers. Airtel Payments Banks will now integrate with Ola app to offer convenient digital payments solutions to customers for their rides. …

  New Delhi: Reliance Jio has yet again beaten its contemporaries- Airtel, Idea and Vodafone and topped the charts of mobile networks for the month of March. As per Telecom Regulatory Authority of India (TRAI), the average download speed on Reliance Jio is 18.48 mbps. In February data, Jio had recorded an average download speed …

Mumbai: The  Reserve Bank of India has issued  a payment bank licence to Paytm which is the second organisation in the country to receive this kind of licence, according to company sources here on Wednesday.       The central bank had issued payment bank licence to mobile company, Airtel, earlier which has already launched …

New Delhi: Following Airtel and Vodafone’s strategy of countering Reliance Jio, Idea cellular on Thursday announced two prepaid packs of Rs 148 and Rs 348 providing free voice call and data benefit to the users. The recharge of Rs 148 will provide customers enjoy free voice calls to Idea users with additional 50MB data. The …