|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||364.30 - 371.80|
|52 Week Range||331.20 - 565.00|
|PE Ratio (TTM)||133.27|
|Forward Dividend & Yield||3.84 (1.07%)|
|1y Target Est||465.07|
Last year, India's telecoms regulator cut interconnect usage charges - the fees that mobile operators pay each other for calls from one network to another - impacting revenues of operators including Airtel. The firm's revenue from mobile services in India fell 18.8 percent to 104.80 billion rupees, while overall revenue fell about 9 percent to 200.80 billion rupees.
Bharti Airtel’s Kenyan unit gained subscribers for a second consecutive quarter as rivals including the nation’s biggest operator, Safaricom Plc, relinquished market share, according to the industry regulator....
After Bharti Airtel Limited’s (NSE:BHARTIARTL) earnings announcement in March 2018, the consensus outlook from analysts appear highly confident, with earnings expected to grow by a high double-digit of 63.53% inRead More...
The Kenyan unit of Bharti Airtel has abandoned plans to merge with Telkom Kenya to take on the market leading operator Safaricom, industry and government sources said on Monday. Sources said in April that Airtel and Telkom Kenya were planning to merge to create a stronger challenger to Safaricom, which has 72 percent of subscribers, or around 30 million subscriptions. "Airtel developed cold feet," said an industry source who declined to be named.
Moody's Investors Service says Singapore Telecommunications Limited's (Singtel, A1 stable) high dividend payout for the fiscal year ended March 2018 (FY2017-18) can be accommodated in its A1 senior unsecured rating and stable outlook. Group operating revenues for FY2017-18 increased by 4.9% year-on-year reflecting mainly the growth in mobile and fixed broadband customers in Australia and contributions from the Group's digital businesses.
Bharti Airtel Ltd. is looking to pare $4.6 billion from its net borrowings over the next three years by listing its African unit and potentially selling some stake in its tower business, according to a person with knowledge of the matter, in a bid to safeguard its investment grade ratings. India’s top wireless operator plans to raise as much as $1.5 billion by listing a quarter of equity in its Africa unit by early 2019 in either London or South Africa, the person said, asking not to be identified as the information isn’t public. The parent will also look to sell part of its stake in the $14.6 billion tower giant after Bharti Infratel Ltd. merges with Indus Towers Ltd.
Bharti Airtel Limited’s (NSEI:BHARTIARTL) most recent return on equity was a substandard 2.79% relative to its industry performance of 13.02% over the past year. Though BHARTIARTL’s recent performance is underwhelming,Read More...
Moody's Investors Service has affirmed Bharti Airtel Ltd.'s (Bharti) Baa3 issuer rating and senior unsecured debt ratings, as well as the Baa3 ratings on the senior unsecured notes issued by Bharti Airtel International (Netherlands) B.V., which are irrevocably and unconditionally guaranteed by Bharti. "The affirmation of Bharti's Baa3 rating and negative outlook recognizes that the company's leverage metrics remain elevated as profitability continues to be under pressure," says Annalisa Di Chiara, a Moody's Vice President and Senior Credit Officer.
BENGALURU/MUMBAI, April 25 (Reuters) - India's Bharti Infratel Ltd has agreed to merge with Indus Towers, in a deal that creates the world's No. 2 telecom tower company with an estimated equity value of $14.6 billion. Seeking to capitalise on rapid growth in smartphone usage in the country, the transaction, which values Indus Towers at roughly $10 billion, will create an infrastructure giant with more than 163,000 towers, lagging only China Tower.
(Reuters) - Bharti Airtel Ltd posted its lowest quarterly profit in nearly 15 years on Tuesday, as a price war in the telecoms sector continued to hurt, while revenue was hit by a regulatory cut in international ...
There are a number of reasons that attract investors towards large-cap companies such as Bharti Airtel Limited (NSEI:BHARTIARTL), with a market cap of ₹1.68T. Big corporations are much sought afterRead More...
This raises its stake in the Indian telco’s Bharti Airtel from 38.64% to 39.51%. Singtel bought 85.45 million shares in Bharti Telecom Limited (BTL) for $6.3 (INR310) per share, bringing the total to $539.4m, ...
Tanzanian officials have began talks with Bharti Airtel Ltd. to discuss ownership of the company that is disputed, according to the presidency.
Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the world's No.3 mobile operator by subscribers, also wants to float a minority stake in its African operations and sees the London Stock Exchange as a potentially attractive venue. Mittal, briefing reporters at the Mobile World Congress in Barcelona on Wednesday, backed the lead set by telcos in the United States, now being followed in Europe, for specialists to roll up and run mobile tower assets.
India's Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity. Airtel, the world's No.3 mobile operator by subscribers, also wants to float a minority stake in its African operations and sees the London Stock Exchange as a potentially attractive venue. Mittal, briefing reporters at the Mobile World Congress in Barcelona on Wednesday, backed the lead set by telcos in the United States, now being followed in Europe, for specialists to roll up and run mobile tower assets.
In this article I am going to calculate the intrinsic value of Bharti Airtel Limited (NSEI:BHARTIARTL) using the discounted cash flows (DCF) model. Anyone interested in learning a bit moreRead More...
Moody's Investors Service says that Singapore Telecommunications Limited's A1 senior unsecured ratings and stable outlook can accommodate its proposed acquisition of stakes in Bharti Telecom Limited (BTL, ...
The investment is a show of confidence in Bharti Airtel at a time when India's telecommunications sector has been hard hit by regulatory changes and a price war since the entry of Reliance Jio, the telecoms arm of Reliance Industries Ltd, more than a year ago. Singtel said it would spend up to $413 million to lift its stake in Bharti Telecom by up to 1.7 percentage points to 48.9 percent and increase its holding in Bharti Airtel by up to 0.9 percentage point to 39.5 percent.
India's largest telecoms operator, Bharti Airtel has not taken part in a bidding round for Nigerian rival 9mobile which was aimed at finding new investors for the debt-laden company, a Bharti Airtel Africa spokesman said on Wednesday. Bharti Airtel's Africa spokesman confirmed a Reuters report from Tuesday that the Indian telecoms company did not submit a firm bid for the Nigerian company before a deadline on January 16.
India's largest telecoms operator, Bharti Airtel does not see much value in buying debt-laden Nigerian rival 9mobile and withdrew from submitting a firm bid before the deadline, two industry sources with knowledge of the deal told Reuters. Barclays Africa is examining takeover bids from prospective buyers for 9mobile. Airtel had expressed an interest to acquire the Nigerian firm as part of plans to consolidate its position in Africa's biggest telecoms market, but it declined to submit a financial bid before a Jan. 16 deadline.
Net profit fell 39.3 percent to 3.06 billion rupees ($48 million) in the quarter ended Dec. 31, missing an average estimate of 3.98 billion rupees from 10 analysts, according to Thomson Reuters data. India's telecoms regulator cut interconnect usage charges (IUC) - the fees that mobile operators pay each other for calls from one network to another - by more than half to 0.06 rupees a minute from October, and plans to abolish them from 2020.
Bharti Airtel Limited (NSEI:BHARTIARTL) saw significant share price volatility over the past couple of months on the NSEI, rising to the highs of ₹543.2 and falling to the lows ofRead More...
When Bharti Airtel Limited (NSEI:BHARTIARTL) released its most recent earnings update (30 September 2017), I wanted to understand how these figures stacked up against its past performance. The two benchmarksRead More...
Indian telecoms carrier Bharti Airtel said on Thursday that there were no irregularities in deals that made it the majority shareholder in a Tanzanian unit, a day after the country's president claimed the company belonged to the state. President John Magufuli said on Wednesday he had received a report that the state-run Tanzania Telecommunications Company Limited (TTCL) owned the local subsidiary of Bharti Airtel outright but had been cheated out of shares. Magufuli made the comments in a speech broadcast on television.
(Reuters) - Bharti Airtel Ltd on Tuesday said an affiliate of U.S. private equity firm Warburg Pincus will buy up to a 20 percent stake in the Indian telecom operator's direct-to-home arm for $350 million. ...