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India needs three robust private telecom players: Airtel CEO

In Short:Bharti Airtel's MD, Gopal Vittal, believes that Vodafone Idea's recent capital raise will increase competition but benefit India's telecom sector. He emphasized the...

Analysts predict high single-digit net profit growth for Airtel in Q4

In Short:Consolidation in the telecom sector has been good for Airtel, leading to improved returns. Market share gains, higher revenue, and lower costs are...

Bharti Airtel, Google Cloud partner to boost Cloud and AI adoption in India

In Short:Bharti Airtel and Google Cloud have partnered to offer cloud solutions to Indian businesses and promote the use of artificial intelligence technology. Airtel...

Jio surpasses Airtel in March user adds; Vodafone Idea loses ground: Trai

In Short:Reliance Jio beats Airtel and Vi in new subscriber additions in March 2024 according to Trai data. Jio now world's largest mobile operator...

Vodafone Idea secures Rs 5,400 crore from 60 anchor investors

In Short:Vodafone Idea (Vi) raised Rs 5,400 crore from anchor investors, with foreign institutions like GQG Partners, UBS, and domestic mutual funds subscribing to...

Audio platforms embrace freemium models to expand their user base

In Short:Audio streaming platforms are seeing a growth in paid subscribers, from 4-5 million in 2022 to 7.5 million in 2023. Challenges include free...

India’s Bharti Hexacom IPO garners bids exceeding $8 billion

In Short:Indian telecom operator Bharti Hexacom received bids worth $8.43 billion in its IPO, exceeding its offer size. Investors bid for 1.23 billion shares,...

Trai Introduces New Regulations for Telecom Industry

In Short:In January 2024, Airtel added more active mobile users than Jio, but Jio added more higher-paying 4G and 5G users. Vi continued to...

Bharti Hexacom sets IPO price range at Rs 542-570 per share

In Short:Bharti Hexacom has set a price band of Rs 542-570 per share for its upcoming Rs 4,275 crore IPO on April 3. The...

‘TCIL to sell 15% stake in Bharti Hexacom’

In Short:TCIL is planning to sell 15% stake in Bharti Hexacom in two tranches to meet government targets. Bharti Airtel's unit received Sebi approval...

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