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Bharti Airtel reported a sharp decline in consolidated net profit for the December 2025 quarter, with earnings falling about 55 per cent year-on-year to Rs 6,630.5 crore, mainly due to higher network operating costs, statutory fees and employee expenses.The company had posted a consolidated profit of Rs 14,781.2 crore in the corresponding quarter last year,…
NEW DELHI: Reliance Jio continued its subscriber growth in November 2025, leading the industry in overall wireless additions and active user gains as per the latest monthly subscription data released by the Telecom Regulatory Authority of India (TRAI).The TRAI data showed that Jio added 1.2 million subscribers, extending its lead over Bharti Airtel for the…
NEW DELHI: The board of Bharti Airtel on Thursday approved the appointment of Shashwat Sharma as MD & CEO from Jan 1 as Gopal Vittal will take charge as executive vice chairman for a period of five years. The board also green-lighted access of the remaining around Rs 15,740 crore proceeds from the Rs 21,000…
Airtel has announced a new leadership structure as part of its succession strategy wherein Gopal Vittal, who has led the telecom giant for the last thirteen years, will transition to the role of Executive Vice Chairman. Further, Shashwat Sharma will take the reins as the Managing Director and CEO of Bharti Airtel India. The changes…
Late last month, the Department of Telecommunications (DoT) gave messaging platforms like WhatsApp, Telegram, Signal, and Snapchat 90 days to enforce ‘SIM-binding’. With ‘SIM-binding’ in force, these apps will stop working if users remove SIM card originally used for registration. The directive, that will go into effect starting effective February 2026, also mandates that web…
MUMBAI: Since the stock market’s Covid-lows in March 2020, the top 100 stocks created wealth worth Rs 148 lakh crore. PSU stocks, long ignored as the also-rans in the race to create investor wealth, were at the forefront of this wealth creation movement during the five-year period to March 2025, the 30th annual wealth creation…
Two of the biggest industry bodies in India — BIF and COAI are fighting again. This time over the government’s new circular mandating SIM Binding for OTT platforms. Broadband India Forum or BIF represents major technology companies such as WhatsApp parent Meta, Google and others; while Cellular Operators Association of India (COAI) is the country’s…
Airtel has reportedly reiterated its stand on the equipment of Tata-owned Tejas. In a fresh escalation, Bharti Group-owned Airtel once again termed the equipment made by the Tata-owned company and deployed by state-run Bharat Sanchar Nigam Ltd (BSNL), are “sub-standard”. Airtel also dismissed the local equipment maker’s clarification. According to a report in Economic Times,…
MUMBAI: Indian Continent Investment, a promoter group entity of telecom services major Bharti Airtel, is eying to mobilise about Rs 7,200 crore (about $806 million) by selling about 3.4 crore shares, translating to nearly 0.6% of the company’s equity) through block trades on Wednesday. Goldman Sachs India is managing the offer, the term sheet for…
US technology giants Apple, Amazon, Cisco, Meta, HP and Intel have jointly opposed demands from Reliance Jio and Vodafone Idea to allocate spectrum in the 6GHz band for mobile services, instead urging that the entire band be reserved for Wi-Fi use, reported PTI.In a joint response to Trai’s consultation paper for the next round of…
