Bharti Airtel approached the global debt market to raise up to $1 billion in a 10-year bond sale programme. BhartiĂ´s $1-billion Reg S bond is in the market.
Tag: Bharti Airtel
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A call on telecom
IndiaĂ´s telecommunication network is the third largest in the world and the second largest among the emerging economies of Asia. It has witnessed phenomenal growth over the last decade as substantiated by the following facts and figures
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Airtel expands 4G network
Bharti Airtel has commissioned Nokia Networks to expand its 4G presence to six new (Mumbai, Kerala, Madhya Pradesh, Odisha, Punjab and West Bengal) circles. The company deployed Nokia NetworksĂ´ radio network.
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GSM operators add 82.1 lakh subscribers in November
GSM mobile operators added 82.1 lakh users in November taking their overall subscriber base to 67.02 crore at the month-end.
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Reliance Jio signs pact with BSNL for mobile tower lease
Reliance Jio Infocomm (RJIL) has signed a deal with state-owned telecom firm BSNL for leasing around 4,000 mobile towers. As per the deal, BSNL will be offering a base rate of Rs 38,000 per month
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Bharti Airtel to sell more infra in Africa
Bharti Airtel will sell more infrastructure in Africa to reduce debt and cut capital expenditure on passive infrastructure
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Reliance Jio, Tower Vision in mobile tower pact
Reliance Jio Infocomm has signed a tower sharing deal with Tower Vision, which will help the telecom unit of Reliance Industries roll out its much-awaited high speed data and voice services faster and at a lower cost across India. The deal is for sharing 8,400 towers of Tower Vision, the two companies said in a joint statement.
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Airtel to sell Africa towers
Bharti Airtel is poised to conclude a deal to sell its towers in Africa, which could help the telecom operator rake in as much as $3 billion and help reduce debt. The company has already shortlisted buyers from among four tower companies Helios Towers Africa, IHS, American Tower Corp and Eaton Towers for the sale.
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Big gains for top telecos
Top telecom players like Bharti Airtel, Vodafone India and Idea Cellular are set to make major financial gains from the third-generation intra-circle roaming services that they have resumed offering
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Bharti Airtel, Etisalat tie-up
UAEĂ´s Etisalat and Bharti Airtel have entered into a partnership to set up a multi-service regional network infrastructure node in the region. It includes AirtelĂ´s MPLS services supported by its global network which will allow Airtel to provide advanced data and wholesale services to its customers in the Middle East and Africa.