Bharti Airtel Ltd (BHARTIARTL)

Government Raises Duty on Telecom Equipment Import - 24 Jul, 2024

The Indian government's decision to increase the duty on imported telecom sector equipment will impact Bharti Airtel, Reliance Industries, and Vodafone Idea. The move is expected to raise costs for these companies and could potentially affect their profitability.

Telecom Industry Seeks Tax Reforms and Lower Duties - 23 Jul, 2024

Bharti Airtel, Reliance Jio, and Vodafone Idea have urged the Indian government to implement tax reforms and reduce regulatory levies like USOF and AGR. They also advocate eliminating customs duties on telecom equipment for 4G and 5G networks to reduce deployment costs. Meanwhile, Jio and Airtel are expanding their 5G offerings with entry-level monthly plans starting at Rs 349 and Rs 379, respectively. However, an industry association has warned that raising basic customs duty on specified telecom equipment will increase service costs.

Bharti Airtel Poised to Benefit from Digital Infrastructure Expansion - 22 Jul, 2024

Bharti Airtel is set to benefit from India's expanding digital economy, while Nokia achieved a top download speed of 1.2 Gbps for 5G services during trials with the telecom giant.

Airtel Wins CBDT Contract, Launches New 5G Booster Packs - 19 Jul, 2024

Bharti Airtel has won a multi-year contract from the Central Board of Direct Taxes (CBDT) to provide network and connectivity services for the government institutions Taxnet-2.0 program. Additionally, Airtel is bridging the 5G accessibility gap in India with the introduction of new data booster packs providing unlimited 5G access on lower-priced plans.

Airtel Gains Subscribers Despite Tariff Hike - 18 Jul, 2024

Bharti Airtel gained subscribers despite raising tariffs by 11-25%. It added 12.5 lakh subscribers in May 2024, holding a 33.17% market share.

Airtel Receives Demand Notices from DoT, Adds Subscribers - 17 Jul, 2024

The Department of Telecommunications has issued demand notices to Bharti Airtel, Jio, and Vodafone Idea for payment of recently purchased spectrum. Meanwhile, Airtel added 1.25 million new mobile subscribers in May 2024.

Bharti Airtel in the News - 16 Jul, 2024

Bharti Airtel is making headlines as its philanthropic arm launches a scholarship program, while DoT issues demand notices for 5G spectrum payments. The company's CEO attends a meeting with the telecom minister, and prepaid tariffs are raised due to market conditions.

Airtel Faces Hike in Mobile Bills Amidst Regulatory Discussions - 15 Jul, 2024

Bharti Airtel faces mobile bill hikes amidst discussions with the Telecom Minister regarding customs duty exemptions, USOF suspension, and license fee reduction. COAI recommends abolishing USOF and reducing License Fee from 3% to 1%. Subscriber complaints about network issues continue.

Bharti Airtel Stock News Update - 12 Jul, 2024

Bharti Airtel is facing competition from Jio and Vi after they increased their mobile tariff prices. Investec raised its price target for the stock by 60.5%, while S&P Global Ratings said that Vodafone Idea's focus on improving network quality could slow subscriber addition rate for Bharti Airtel and Reliance Jio. Ericsson experienced a slowdown in India due to Jio and Airtel completing their pan-India 5G deployments.

Telecom Companies Call for Special Regime to Carry Forward Business Losses - 11 Jul, 2024

Telecom companies have called for a special regime allowing them to carry forward business losses for up to 16 assessment years. Meanwhile, S&P Global expects Vodafone Idea to emerge as a stronger telco, which may slow down subscriber growth for Bharti Airtel and Reliance Jio. Airtel has increased rates while keeping plan benefits unchanged, and Vodafone Idea is targeting Rs 55,000 crore capex over the next three years.

Bharti Airtel Sees Steady Growth Amidst Calls for Tax Reforms and Data Breach Allegations - 10 Jul, 2024

Bharti Airtel is predicted to see steady growth in Q1 FY25 with a rise in the mobile segment and continued modest ARPU growth. The company also faces calls for urgent tax reforms from the upcoming budget and recently refuted claims of a security breach.

Data Breach and Infrastructure Upgrade Impact Bharti Airtel Stock - 09 Jul, 2024

Bharti Airtel allegedly suffered a data breach while collaborating with the government to upgrade telecom infrastructure for Amarnath Yatra pilgrims. Meanwhile, analysts predict potential growth in revenues and EBITDA for all carriers, skewed towards Reliance Jio and Bharti Airtel.

Bharti Airtel Sees Revenue Growth in Q1FY25 Despite Tariff Hike - 08 Jul, 2024

Bharti Airtel is expected to see a 2% sequential growth in revenue in Q1FY25, despite the recent tariff hike. The Indian government has denied allowing telecom giants to raise tariffs without regulation.

Bharti Airtel Denies Data Breach, Faces Penalty for Harassment - 05 Jul, 2024

Bharti Airtel denies allegations of a significant data breach while facing a penalty for harassment. The telecom giant has dismissed claims of a massive security breach in its database systems that allegedly compromised the security and personal details of its subscribers.

Bharti Airtel Shares Rise on Tariff Hike and Buy Rating from ICICI Securities - 04 Jul, 2024

Bharti Airtel's stock rises as it announces mobile tariff hikes and receives a buy rating from ICICI Securities with a target price of Rs 1,500. The company also partners with Idemia for smart energy meters. However, a global brokerage warns that recent tariff hikes may lead to higher inflation.

Bharti Airtel Shows Strength in Bull Market, Raises Tariffs - 03 Jul, 2024

Bharti Airtel has been experiencing a remarkable bull market, showing significant strength recently. The company introduced new prices across popular plans to balance affordability with enhanced service offerings. Reliance Jio and Bharti Airtel raised tariffs while BSNL struggled to compete without 4G/5G services. ICICI Securities predicts growth in Bharti Airtel's ARPU and India Ebitda.

Singtel Plans Stake Sale in Bharti Airtel; Axis Securities Recommends Stock - 02 Jul, 2024

Singapore-based Singtel is planning to divest another round of stake sale in Bharti Airtel via block deal worth Rs 20,000 crore. Meanwhile, Axis Securities recommends Bharti Airtel as a stock to bet on based on their analysis of Nifty earnings growth rate. The telecom operator has also announced revised tariffs for both prepaid and postpaid customers.

Bharti Airtel Hikes Tariffs; Nomura Reiterates Buy Rating - 01 Jul, 2024

Bharti Airtel has increased its tariff rates by 10-21%, following Reliance Jio's similar move. Analysts remain optimistic about the stock and project a 14.3% upside, citing robust earnings growth and subscriber additions. Nomura maintains a Buy rating with a TP of Rs 1,650.

Airtel Wins Big in Spectrum Auction and Increases Tariffs - 30 Jun, 2024

Bharti Airtel has won big in the latest spectrum auction, acquiring about 60% of the total value sold. Additionally, the company has increased tariffs by up to 21%, requiring customers to subscribe to higher-priced plans for more data.

Bharti Airtel Hikes Tariffs Amidst Industry-Wide Price Increase - 29 Jun, 2024

Bharti Airtel announced a 10-21% increase in tariffs, while analysts predict that the price hikes will boost its Average Revenue Per User (ARPU) by 15-17%. Citigroup Research estimates Airtels ARPU rising to ₹235/270/305 over FY25/26/27 following the latest tariff revisions.