Bharti Airtel Ltd (BRTI.NS)
** Shares of India's largest telecom network operator Bharti Airtel rise as much 3.6 pct to 322.90 rupees, their highest in almost three weeks
* Consensus forecast for Sept quarter consol net profit was 13.69 billion rupees
MUMBAI, Oct 25 India's top telecoms operator Bharti Airtel Ltd reported a nearly 5 percent fall in second-quarter profit on Tuesday hit by higher costs.
** Shares of India's biggest telecom operators Bharti Airtel Ltd and Idea Cellular Ltd open weaker
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: 2017 Outlook: Indian Telecommunications Services https://www.fitchratings.com/site/re/888991 SINGAPORE, October 20 (Fitch) Fitch Ratings expects the Indian telcos' credit profiles to weaken amid intense competition and high capex requirements in 2017. Pricing power could be eroded as incumbents retaliate against new entrant Reliance Jio's (part of Reliance Industries Ltd (BBB/Stable)) cheaper data tar
* Says Airtel to offer iPhone 7 and iPhone 7 plus in India on October 7, 2016 Source text:
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_09262016.pdf FACTORS TO WATCH 10:00 am: Prime Minister Narendra Modi and Science & Technology and Earth Sciences Minister Harsh Vardhan to present the Council of Scientific & Industrial Research awards in New Delhi. 3:30 pm: Foreign Investment Promotion Board meets to consider 16 FDI proposals in New Delhi. GMF-ASIA LIVECHAT-ENERGY FOCUS-Corne
Sept 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
DAR ES SALAAM Tanzania has regained full ownership of the country's oldest telecoms operator after buying out a 35 percent stake from India's Bharti Airtel.
DAR ES SALAAM Tanzania has regained full ownership of the country's oldest telecoms operator after buying out a 35 percent stake from India's Bharti Airtel .