Bharti Airtel Ltd (BHARTIARTL)

Bharti Airtel Offers Entertainment Plan with Free Netflix Subscription - 30 Apr, 2024

Bharti Airtel allots equity shares worth Rs 246 crore to foreign debt bond holders. Projected fair value for the stock is ₹863. Airtel offers prepaid mobile users an entertainment plan with a complimentary Netflix Basic subscription.

Bharti Airtel Sees Positive Outlook with 5G Service Expansion and Portfolio Holdings - 29 Apr, 2024

Bharti Airtel is making strides in the telecom industry with its deployment of 5G service and potential tariff hikes. Analysts hold a positive outlook on the stock, with Niket Shah holding it in his portfolio and recommending it as a potential revenue booster. COAI reiterates the need for more spectrum for smooth 5G services.

Bharti Airtel Receives Buy Rating from Motilal Oswal - 26 Apr, 2024

Motilal Oswal has recommended a BUY rating on Bharti Airtel with a target price of Rs 1570. Telecom carriers are pressing OTT players to share costs towards 5G networks.

Vodafone Idea Plans Debt Issue After FPO - 25 Apr, 2024

Vodafone Idea aims to raise Rs 45,000 crore to regain financial health and compete with larger rivals. The Supreme Court matter will not impact the company's satellite service plans.

Bharti Airtel's Target Price Raised Amid Positive Outlook on Telecom Sector - 24 Apr, 2024

Bharti Airtel's target price was raised by Citigroup amid improved visibility of tariff hikes. The company clarified that it has no plans to raise its stake beyond what is required for financial consolidation of Indus Towers. Several companies showed interest in providing internet connectivity services in India using satcom technology. Nuvama Institutional Equities turned positive on the telecom sector and viewed Bharti Airtel as the best way to play this event.

Bharti Airtel Launches Affordable Roaming Packs, Merges Sri Lankan Unit with Dialog - 23 Apr, 2024

Bharti Airtel launches affordable international roaming packs and merges its Sri Lankan unit with Dialog. Analysts expect a strong growth outlook to continue, while Jefferies suggests 5G monetisation could support Arpu trajectory. The combined market valuation of Bharti Airtel and Bharti Hexacom has surged past the $100 billion mark.

Bharti Airtel Launches International Roaming Packs; Shares Hit 52-Week High - 22 Apr, 2024

Bharti Airtel has launched international roaming packs offering access to 184 countries at an affordable price. Airtel and Jio are considering separate tariff plans for 5G connectivity. Bharti Airtel's estimated fair value is ₹1,222. Airtel shares hit a 52-week high but later slipped off highs.

Ericsson supplies 5G equipment to Reliance Jio and Bharti Airtel for fastest rollout in India - 21 Apr, 2024

Ericsson is a key supplier of 5G equipment to Reliance Jio and Bharti Airtel, which have set up over 300,000 5G sites in India, marking the world's fastest 5G rollout.

Sunil Mittal's Net Worth Rises as Bharti Airtel Stock Hits New High - 20 Apr, 2024

Billionaire Sunil Mittal's net worth has reached $19.7 billion due to a 70% rally in shares of Bharti Airtel over the last year, with his majority stake held through closely-held Bharti Enterprises and other holding companies. Analysts at Jefferies expect growth in revenue and earnings before interest taxes and depreciation (EBITDA) for its newly listed subsidiary, Bharti Hexacom. Shares of Bharti Airtel surged to a new high of Rs 1296.50 on the NSE in Friday's trade.

Bharti Airtel Stock Rallies Amid Tariff Hike Expectations - 19 Apr, 2024

Bharti Airtel's stock rallies amid expectations of tariff hikes and positive news such as selling shares in Bharti Hexacom, announcing 5G services in Andhra Pradesh, and merging operations with Dialog Axiata PLC. Angel One selects Bharti Airtel Ltd as one of his top picks for the day.

Bharti Airtel Signs Merger Deal with Dialog Axiata; Stock Jumps Over 5% - 18 Apr, 2024

Bharti Airtel's stock surges over 5% after signing a merger deal with Dialog Axiata. Brokerage firm IIFL Securities raises the target price for Bharti Airtel to Rs 1,379. The expected tariff hikes and reduction in AGR liability could benefit Bharti Airtel.

Bharti Airtel Successfully Establishes 5G Service in Tamil Nadu - 17 Apr, 2024

Bharti Airtel has successfully established 5G service in Tamil Nadu, making significant strides in building the network infrastructure required for widespread adoption of 5G. The company expresses gratitude to its customers who have upgraded to enjoy unlimited 5G service at no additional cost.

Bharti Airtel Deploys 5G Service Across Tamil Nadu; Explores Satcom Spectrum - 16 Apr, 2024

Bharti Airtel registers significant growth in 5G users after deploying its service across all cities and districts of Tamil Nadu. The telecom major also explores satcom spectrum through OneWeb-Eutelsat and awaits spectrum allocation from TRAI.

Bharti Airtel Expands 5G Network and Outlines Capex Plans - 15 Apr, 2024

Bharti Airtel expands its high-speed internet services network and launches 5G in several cities throughout 2023. The company has announced plans for additional 5G capex worth Rs 28,500 crore in FY24 and had 75 million 5G users till March this year. Airtel's stock performance remains positive.

Airtel Expected to See Sequential Revenue Growth - 14 Apr, 2024

Bharti Airtel is expected to see a sequential revenue growth of 3.8%, reaching ₹39,300 crore, due to an increase in subscribers and improved ARPU. Despite Jio recording larger data consumption, Airtel was the only player to show an uptick in ARPU.

Bharti Airtel Set to Benefit from Tariff Hike - 12 Apr, 2024

Bharti Airtel is set to benefit from a significant tariff hike in the Indian telecom industry, with its average revenue per user (ARPU) projected to increase from ₹208 to ₹286 by the end of FY27. The company is also expected to see growth through its subsidiary Bharti Hexacom and the success of its recent IPO.

Bharti Airtel Set for Growth Driven by Tariff Hikes and Upgrades - 11 Apr, 2024

Analysts predict significant growth for Bharti Airtel due to tariff hikes, 2G upgrades, and customer migrations. Antique Broking initiates coverage with a buy call and target price of ₹1,505.

Bharti Airtel Receives Buy Rating from Antique Amidst Declining Profit Forecast - 10 Apr, 2024

Brokerage firm Antique has initiated coverage on Bharti Airtel with a buy rating and a target price of Rs 1505, while MOSL forecasts a 15.2% YoY decline in its net profit at ₹2,200 crore in Q4FY24.

Bharti Airtel Adds Active Users, Surpasses Jio - 08 Apr, 2024

Bharti Airtel has been adding more active mobile users than Reliance Jio since December 2023, with a growing return on capital employed (ROCE) of 12%. In February 2024, Airtel added 1.51 million active users, while Vi lost 1.11 million users.

Bharti Airtel Sees Record High and Penalty Notice Amid IPO Bidding - 05 Apr, 2024

Bharti Airtel's stock surged to a record high due to strong earnings outlook while its subsidiary Bharti Hexacom saw a good response from investors during the IPO bidding process. However, Bharti Airtel also received a penalty notice of Rs 44.38 lakh from GST authority for an alleged violation.