Bharti Airtel acquires 23% stake in Indus Towers held by subsidiary Nettle Infra

Bharti Airtel has acquired the 23.01 per cent stake of Indus Towers from Nettle to directly own 47.95 per cent in the mobile tower firm.

Bharti Airtel raises min monthly recharge price by 57% to ₹155 in 8 circles

Bharti Airtel has stopped its minimum recharge plan of ₹99, under which it offered 200 megabyte of data and calls at the rate of ₹2.5 paise per second. In Haryana and Odisha, Airtel has now started offering the ₹155 plan with unlimited calling, 1 GB of data and 300 SMSes.

Bharti Airtel: 5 reasons why this brokerage has downgraded this stock to underperform

After a positive 2022, brokerage house BofA Securities has now downgraded the stock to 'underperform' from 'neutral' earlier as it finds Airtel's risk-reward unfavourable. It has also cut its target price by a massive 22 percent to ₹700 from ₹895 earlier. The new target implies a downside of 8.5 percent for the stock.

Telecom Outlook: CLSA expects 20% cumulative tariff hikes for Bharti, VI and Jio by FY25; Airtel top pick

India currently has a base of 70 million 5G smartphones, and CLSA estimates that by March 2025, mobile data penetration will have increased by an additional 11 percentage points to 80 percent. With Jio and Airtel's nationwide 5G rollouts, the India's smartphone market will reach 700 million users by March 2025.

Airtel plans ₹27,000-28,000 crore capex for network, no premium pricing for 5G

<ul><li>While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so.</li></ul>

With focus on profitability, Indian telecom operators may raise tariffs in 2023: Fitch

Indian telecom operators continue to have one of the lowest monthly average revenue per user (USD 2.5) and the highest monthly data usage (20 GB) in the world.

ICICI Securities upgrades Bharti Airtel to ‘buy’, sees more upside after tariff hike

Following the tariff hike, analysts have revised up their earnings estimates for Airtel. ICICI Securities, in its equity research report, said, ‘This is indeed a bold move, and the tariff hike quantum is beyond our best-case scenario.’

Stocks To Watch In Trade Today: Vedanta, Tech Mahindra, Bharti Airtel, Siemens, UPL

India's NSE stock futures listed on the Singapore exchange were up 0.32% at 18,346.50 as of 0204 GMT.

Voda-Idea loses subscribers as Jio, Airtel strengthen user tally in Sept: TRAI data

<ul><li>India's largest mobile operator Jio further cemented its position in the market, adding 7.2 lakh wireless subscriber during September, while Bharti Airtel increased its mobile users' tally by 4.12 lakh.</li></ul>

Airtel raises price of minimum monthly recharge plan by 57% to ₹155 in 2 circles, pan-India roll-out expected

Airtel raises price of minimum monthly recharge plan by 57 pc to ₹155 in 2 circles, pan-India roll-out expected

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Bharti Airtel acquires 23% stake in Indus Towers held by subsidiary Nettle Infra

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