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India Earnings >> Current News
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Bharti Airtel has no plans to sell shares as of now: Exec
2nd-May-2013
India's No. 1 cellular carrier Bharti Airtel has no plan, at the moment, to sell shares in the company, Sarvjit Dhillon, chief financial officer of Bharti Enterprises, the parent company of Bharti Airtel, said.
Rel Comm, Aircel in roaming pact to improve GSM coverage
30th-Apr-2013
Anil Ambani-owned Reliance communications has signed a roaming agreement with rival telecom firm Aircel, which will allow both companies to use mobile towers of each other to improve their network coverage for 2G GSM services.
3G row: HC asks Bharti Airtel to respond to BSNL's plea
29th-Apr-2013
The Delhi High Court today asked Bharti Airtel to respond to a plea of state-owned BSNL seeking to implead itself as a party to a plea filed by the private telecom major against imposition of penalty of Rs 350 crore for offering 3G services in areas where
Citi revises earning estimates of Idea, maintains buy
26th-Apr-2013
Brokerage house Citi has maintained its "buy" rating on Idea Cellular and revised its earning estimates for the company following strong fourth quarter earnings.
Idea hits 52-week high on strong Q4 earnings, soars 11%
26th-Apr-2013
Shares of Idea Cellular rallied nearly 11 percent in early trade to touch a new 52-week high of Rs 128.70 on Friday, after it reported a strong set of fourth quarter numbers.
Tata Comm partners Mercedes AMG Petronas
24th-Apr-2013
Tata Communications today said it has partnered with Mercedes AMG Petronas, to deliver trackside connectivity for the team at all Formula One race locations.
Bharti Airtel in deal to buy rival Ugandan phone company
23rd-Apr-2013
Bharti Airtel, the world's fourth largest mobile phone operator, said it had signed an agreement to buy rival Warid Telecom Uganda, in a move that will increase its customer base in the country by 60 percent.
RCom, Twitter to launch prepaid plan for GSM users
23rd-Apr-2013
Reliance Communications on Tuesday said it has partnered with Twitter to launch a prepaid plan for GSM subscribers in the country. The promotional offer will be free for 90 days after which a fee will be charged for the plan.
RComm falls after Bharti signs pact with Reliance Jio
23rd-Apr-2013
Shares in Reliance Communications fell as much as 5 percent after Reliance Industries' telecom unit, Reliance Jio Infocomm, and Bharti Airtel entered into an agreement for international data connectivity.
RComm up 16% on talks with PEs to sell Reliance Globalcom
22nd-Apr-2013
Telecom operator Reliance Communications surged 16 percent in late trade on Monday, to touch a new 52-week high of Rs 100.05 on news that the company is in talks with PE consortium to sell Reliance Globalcom.
Indian mobile services mkt to hit Rs 1.2tn in '13: Gartner
22nd-Apr-2013
India's mobile services market is expected to grow eight per cent to Rs.1.2 trillion in 2013 but will account for only two per cent of the worldwide mobile services revenue as operators are struggling to increase profit margins, research firm Gartner
Mahanagar Telephone Nigam rises 2.5% on revival plan hopes
22nd-Apr-2013
State-owned telecom operator Mahanagar Telephone Nigam (MTNL) rose 2.5 percent on Monday after the government formed a panel to look into the revival of BSNL and MTNL.
Court adjourns additional 2G spectrum allocation case
22nd-Apr-2013
A Delhi court today fixed April 29 for hearing the matter in additional 2G spectrum allocation case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused.
No longer in talks with Batelco over unit stake sale: RCom
21st-Apr-2013
Reliance Communications, India's third-biggest cellular carrier by customers, said on Saturday it is no longer in talks with Bahrain Telecommunications Co (Batelco) for selling a stake in its enterprise business unit.
PE funds consortium in talks to acquire Reliance Globalcom
20th-Apr-2013
A consortium of PE funds including Samena Capital is in advanced stage of negotiations for acquisiton of Anil Ambani Group firm Reliance Globalcom Ltd.
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