Bharti Airtel Ltd (BRTI.NS)
18 Dec 2014
|Market Cap (Mil.):||Rs1,367,311.00|
|Shares Outstanding (Mil.):||3,997.40|
DUBAI - Nigeria's telecommunications operators face multiple taxes and fees at local, state and federal level, two of the country's mobile operators told Reuters, with service disruptions related to tax claims costing the sector millions of dollars annually.
Reuters Market Eye - Bharti Infratel surges 7 percent compared to 1 percent fall in benchmark BSE Sensex.
(Starting on Mon, Dec. 22, our MARKET EYES for stocks will be renamed as BUZZ in line with global editorial changes)
MEDIA-Telecom Commission to decide on extended spectrum use by Airtel, Vodafone - PTI in Financial Express
- Note: Reuters has not verified this story and does not vouch for its accuracy
(The following statement was released by the rating agency) SYDNEY/HONG KONG/SINGAPORE, November 30 (Fitch) Fitch Ratings has published its new Rating Navigators for the following Asia-Pacific (APAC) telecommunications companies: - Advanced Info Service Public Company Limited, - Bharti Airtel Limited, - China Mobile Limited, - China Telecom Corporation Limited, - Global Cloud Xchange Limited, - Globe Telecom, Inc., - KT Corporation, - Pacnet Limited, - Philippine Long Distance Telephon
Reuters Market Eye - Bajaj Auto falls 1.4 pct, while Bharti Airtel is down 2.4 pct.
* Bajaj Auto falls 2.3 pct, while Bharti Airtel is down 1.3 pct. * Nigeria's central bank devalued the naira by 8 percent and raised interest rates sharply on Tuesday. * Nearly 12 percent of Bajaj Auto's revenues come from Nigeria - Analysts. * Bharti Airtel entered Africa in 2010 by acquiring loss-making telecoms operations for $9 billion, funded by debt. * Nigeria is Bharti Airtel's biggest market in Africa. * Separately, UBS downgrades Bajaj Auto to "sell" from "neutral", saying falling em
Reuters Market Eye - Bharti Airtel shares gain 1.5 percent.
* Bharti Airtel shares gain 1.5 pct. * American Tower Corp to buy Bharti Nigeria phone masts for $1.1 bln. * American Tower said in a separate filing it expected the deal value to be about $1.05 billion, subject to adjustment. * Divestment of towers could fetch $1.8-$2 bln, which could help Bharti bring down its debt and reduce capex burden - Macquarie. (email@example.com / firstname.lastname@example.org)
MUMBAI - Bharti Airtel Ltd will sell more than 4,800 mobile phone masts in Nigeria to American Tower Corp for $1.05 billion, as part of its plan to cut costs and pare debt.