Airtel and partners pump $1bn into Nxtra data centres
The transaction is designed to accelerate Nxtra’s buildout of large-scale and edge facilities to serve enterprises, hyperscalers, and government customers across India.
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Tag: Bharti Airtel
Vodafone Idea finally looks ‘beyond survival’ after AGR ruling
Vodafone Idea could finally be primed for ‘revival’ following the government’s adjusted gross revenue (AGR) relief, according to chairman of Aditya Birla Group, Kumar Mangalam Birla.
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Shock U-turn as Jio and Airtel both sign up for Starlink
This week, India’s two largest mobile operators, Reliance Jio and Bharti Airtel, have announced partnerships with SpaceX to use its low Earth orbit (LEO) satellite constellation Starlink.
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Sunil Mittal offloads almost $1 billion stake in Airtel
This week, Sunil Mittal has sold a 0.84% stake (51 million shares) in India’s second largest telco, Bharti Airtel, raising roughly $976 million.
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Indian government poised to relent on telcos AGR fees
This week, rumours are swirling that India’s upcoming government budget could contain a life raft for the nation’s beleaguered telecoms sector.
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Vodafone to sell off last remnant of Indus Towers stake
This week, Vodafone has announced that it is looking to sell its final 3% stake in Indus Towers, which it values at around $330 million.
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Reliance Jio makes last-ditch attempt to stop satellite spectrum allocation
The mobile operator says that satellite constellations like SpaceX’s Starlink could pose a major competitive threat to terrestrial telecoms operators
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Spectrum spat over? Starting gun looms for India’s satellite space race
Recent months have seen tensions flare between Elon Musk and Indian telecoms moguls Mukesh Ambani and Sunil Bharti Mittal continue, with the trio clashing over the nation’s satellite spectrum policy.
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Vodafone Idea’s long awaited 5G launch targeted for March 2025
The operator says its initial rollout will cover all metros and major cities in 17 of India’s 22 telecom circles (essentially licencing regions), beginning with Delhi and Mumbai.
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Ericsson wins multi-billion Bharti Airtel contract
Sweden’s Ericsson has won a new multi-billion dollar 5G equipment contract with Bharti Airtel according to an exclusive Reuters article published this week, citing people familiar with the matter.
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Airtel tackling India’s spam call epidemic with AI
The solution, which has reportedly been developed over the past year, is able to analyse calls and alert the receiver of a potential spam call in just 2 milliseconds.
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India’s Supreme Court rejects telcos plea to recalculate AGR dues
This week, India’s Supreme Court has rejected the latest appeals from Bharti Airtel and Vodafone Idea that seek to have debts they owe the government recalculated.
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Altice offloads BT stake to Airtel as debt pressure grows
The deal will see Altice UK’s 24.5% stake in the business transferred gradually to India’s second largest telco group, Bharti Airtel
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Nokia and Bharti Airtel trial non-standalone 5G tech
Press Release Nokia today announced that it has successfully completed its first 5G non-standalone...
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India concludes underwhelming 5G spectrum auction
India’s latest 5G spectrum auction completed on Wednesday after seven rounds. The government collected 113.40 billion rupees ($1.35 billion) from the auction, which was far less than the total spectrum on sale, simply because demand for the spectrum is too low. The sale fell short of the 962.38 billion rupees worth of spectrum on offer.
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Bharti Airtel and Google sign Indian cloud deal
Bharti Airtel and Google Cloud have announced a strategic collaboration to offer advanced cloud solutions to businesses in India. The deal will bring new cloud solutions from Google Cloud to Airtel customers, including 2,000 large enterprises and one million emerging businesses.
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Axiata and Airtel sign agreement to merge operations in Sri Lanka
The move will be facilitated by a stake swap, with Dialog Axiata taking 100% ownership of Airtel Lanka in exchange for giving Bharti Airtel a 10.4% stake in Dialog Axiata
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Singtel bags $711m from sale of 0.8% Airtel stake
The stake was sold to US investment firm GQG Partners, leaving Singtel with a roughly 29% stake in Bharti Airtel, India’s second-largest operator
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Could Vodafone Idea hand Elon Musk the keys to India?
As we enter 2024, Elon Musk’s low Earth orbit (LEO) satellite communications constellation Starlink continues to swell, now totalling more than 5,500 orbiting devices
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Indian govt quashes rumours it will take over Vodafone Idea
News “No such proposal is under consideration in the Department,” according to communications...
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