Edition:
India

Bharti Airtel Ltd (BRTI.BO)

BRTI.BO on Bombay Stock Exchange

347.00INR
12:45pm IST
Change (% chg)

Rs-3.85 (-1.10%)
Prev Close
Rs350.85
Open
Rs350.00
Day's High
Rs353.20
Day's Low
Rs346.50
Volume
125,349
Avg. Vol
370,812
52-wk High
Rs371.00
52-wk Low
Rs254.29

Latest Key Developments (Source: Significant Developments)

India's Telecom Dept Moves Top Court Against Bharti Airtel-Tata Teleservices Merger - CNBC-TV18
Wednesday, 3 Jul 2019 

July 3 (Reuters) - :INDIA'S TELECOM DEPARTMENT MOVES TOP COURT AGAINST BHARTI AIRTEL-TATA TELESERVICES MERGER; REITERATES DEMAND FOR 83 BILLION RUPEES SPECTRUM DUES - CNBC-TV18.  Full Article

Airtel Africa Prices London Market Debut At 80 Pence Per Share
Friday, 28 Jun 2019 

June 28 (Reuters) - Airtel Africa PLC ::AIRTEL AFRICA PLC - ANNOUNCEMENT OF OFFER PRICE.AIRTEL AFRICA PLC - BASED ON OFFER PRICE, MARKET CAPITALISATION OF COMPANY WILL BE APPROXIMATELY £3.1 BILLION (NGN 1.4 TRILLION, OR $3.9 BILLION).AIRTEL AFRICA - OFFER OVERSUBSCRIBED WITH STRONG INTEREST FROM GLOBAL INVESTORS ACROSS UK, U.S., AFRICA, EUROPE, MIDDLE EAST, ASIA.AIRTEL AFRICA PLC - MMEDIATELY FOLLOWING UK ADMISSION AND NIGERIAN ADMISSION, COMPANY WILL HAVE A FREE FLOAT IN EXCESS OF 25 PER CENT.  Full Article

Airtel Africa Intends To Float On LSE, Also Considering Nigeria Listing
Tuesday, 28 May 2019 

May 28 (Reuters) - Airtel Africa Ltd ::INTENTION TO PUBLISH REGISTRATION DOCUMENT.ANNOUNCEMENT OF INTENTION TO PUBLISH A REGISTRATION DOCUMENT AND POTENTIAL INTENTION TO FLOAT ON LSE.COMPANY INTENDS TO USE ANY NET PROCEEDS FROM ISSUE OF NEW SHARES TO REDUCE NET DEBT.CONSIDERING A LISTING OF ITS SHARES ON NIGERIAN STOCK EXCHANGE.  Full Article

Bharti Airtel March Qtr Consol Net Profit Rises
Monday, 6 May 2019 

May 6 (Reuters) - Bharti Airtel Ltd ::MARCH QUARTER CONSOL REVENUE 206.02 BILLION RUPEES VERSUS 193.95 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL NET PROFIT 1.07 BILLION RUPEES VERSUS PROFIT OF 829 MILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER LOSS WAS 4.17 BILLION RUPEES.  Full Article

Bharti Airtel March Qtr Consol India Mobile Services Revenue Rises
Monday, 6 May 2019 

May 6 (Reuters) - Bharti Airtel Ltd ::MARCH QUARTER CONSOL INDIA MOBILE SERVICES REVENUE 106.32 BILLION RUPEES VERSUS 103.53 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL AFRICA MOBILE SERVICES REVENUE 55.12 BILLION RUPEES VERSUS 47.31 BILLION RUPEES LAST YEAR.MARCH QUARTER EXCEPTIONAL GAIN 20.22 BILLION RUPEES.  Full Article

Singtel To Subscribe To 170 Mln New Shares In Airtel
Thursday, 7 Mar 2019 

March 7 (Reuters) - Singapore Telecommunications Ltd ::WILL SUBSCRIBE TO 170 MILLION NEW SHARES IN INR250 BILLION RIGHTS ISSUE BY BHARTI AIRTEL AT AN ISSUE PRICE OF INR220 PER SHARE.DEAL FOR A TOTAL CONSIDERATION OF 37.5 BILLION RUPEES.SINGTEL'S EFFECTIVE INTEREST IN AIRTEL WILL BE 35.2%.AIRTEL WILL USE PROCEEDS FROM RIGHTS ISSUE TO REDUCE LEVERAGE AND STRENGTHEN ITS BALANCE SHEET.  Full Article

Bharti Airtel Says Airtel Kenya Signs Deal With Telkom Kenya To Combine Operations
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Bharti Airtel Ltd ::AIRTEL KENYA SIGNS AGREEMENT WITH TELKOM KENYA TO COMBINE OPERATIONS.AIRTEL KENYA, TELKOM KENYA TO MERGE MOBILE, ENTERPRISE AND CARRIER SEIVICES BUSINESSES IN KENYA TO OPERATE AS 'AIRTEL- TELKOM'.  Full Article

Bharti Airtel Says Growth In Data Volumes In India And Imminent Recovery In Voice Tariffs Will Help Business
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Bharti Airtel Ltd ::SAYS REVISION IN CREDIT RATINGS BY MOODY''S INVESTORS SERVICE W.R.T DEBT INSTRUMENTS OF COMPANY.TREND OF ROBUST GROWTH IN DATA VOLUMES IN INDIA AND IMMINENT RECOVERY IN VOICE TARIFFS WILL FURTHER HELP OVERALL BUSINESS.  Full Article

Bharti Airtel Says Co Paid Amount Owed To Aircel Entities
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Bharti Airtel Ltd ::CLARIFIES ON NEWS REPORT TITLED "BHARTI AIRTEL RELEASES PAYMENT TO AIRCEL TO MEET STAFF SALARIES, MAINTAIN ASSETS".BHARTI AIRTEL -CO HAD, ON BEHALF OF AIRCEL, DISHNET WIRELESS PROCURED AND SUBMITTED CERTAIN BANK GUARANTEES OF ABOUT 4.53 BILLION RUPEES TO DOT.BHARTI AIRTEL-BANK GUARANTEES WERE TO BE RETURNED BY DOT AS PER TDSAT ORDER IN MATTER BETWEEN AIRCEL ENTITIES AND DOT, WHICH WAS NOT DONE BY DOT.BHARTI AIRTEL-SC PASSED ORDERS THAT BANK GUARANTEES SHALL STAND CANCELLED AND SHALL NO LONGER BE USED FOR ANY PURPOSE WHATSOEVER.BHARTI AIRTEL-BASIS CANCELLATION OF BANK GUARANTEES,CONSEQUENT RELEASE OF CREDIT LINES BY AXIS BANK,CO PAID AMOUNT OWED BY IT TO AIRCEL ENTITIES.  Full Article

India's Bharti Airtel Forms Special Committee Of Directors For Fund Raising
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Bharti Airtel Ltd ::FORMED SPECIAL COMMITTEE OF DIRECTORS FOR FUND RAISING TO COMPREHENSIVELY EXPLORE OR EVALUATE VARIOUS OPTIONS OF FUND RAISING.  Full Article

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Airtel Africa falls for second day after Nigeria listing

LAGOS Airtel Africa shares dropped 10% on Thursday, losing ground for a second day after their listing on the Nigerian stock market, according to Refinitiv Eikon data.