Bharti Airtel Ltd (BRTI.BO)
** Bharti Airtel Ltd's shares rise as much as 2.5 pct to 381.80 rupees, their highest since April 28
NEW DELHI India's largest telecom network operator, Bharti Airtel Ltd, reported a 30.8 percent fall in first-quarter net profit on Wednesday, blaming an adverse foreign exchange impact in Nigeria, although it beat analysts' estimates.
NEW DELHI, July 27 India's largest telecom network operator, Bharti Airtel Ltd, reported a 30.8 percent fall in first-quarter net profit on Wednesday, blaming an adverse foreign exchange impact in Nigeria, although it beat analysts' estimates.
NEW DELHI, July 27 Bharti Airtel Ltd, India's largest telecom network operator, reported a 30.8 percent fall in net profit for the fiscal first quarter, due to adverse foreign exchange impact in Nigeria, but still came in ahead of analyst estimates.
* Orange completes acquisition of mobile operator Airtel in Sierra Leone Source text for Eikon: Further company coverage: (Reporting by Paris Newsroom)
** Shares of telecom services provider Idea Cellular jump as much as 5 pct to their highest since June 10
** Bharti Airtel, India's largest telecoms network operator, rises 2 pct
(The following statement was released by the rating agency) SINGAPORE, May 31 (Fitch) Fitch Ratings has affirmed India-based Bharti Airtel Limited's (Bharti) Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. The agency has also affirmed the ratings on Bharti Airtel International (Netherlands) B.V's bonds. A full list of rating actions is at the end of this commentary. KEY RATING DRIVERS Market-Leading Position: Bharti's 'BBB-' rating reflects its
HONG KONG, May 19 (Reuters Breakingviews) - India's new banking wannabes face a long road to profitability. Conglomerates, telecom operators and a fast-growing local startup backed by China's Alibaba are getting ready to launch small deposit-taking institutions. It is part of a wider shakeup of India's state-dominated banking system. Yet tight regulation and fierce competition mean returns will be elusive.
* Says expands airtel nigeria's mobile broadband access while reducing operating expenses Source text for Eikon: Further company coverage: (Stockholm Newsroom)