Bharti Airtel Debt
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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
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Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
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Airtel Chief Sunil Mittal Says Company Has Emerged Stronger
"My professionals will not send me anything that will compromise the company's governance," said Sunil Mittal
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Bharti Airtel Board Okays Raising Up To Rs 7,500 Crore Through Debt Instruments
Bharti Airtel's board on Tuesday gave an enabling approval for raising up to Rs 7,500 crore through debt instruments
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Crisil Upgrades Bharti Airtel's Long-Term Rating On Debt Programme, Bank Facilities
Bharti Airtel Share Price: On Wednesday, Bharti Airtel opened on the BSE at Rs 699, touching to an intra day high of Rs 702, and an intra day low of Rs 689.45, so far.
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Bharti Airtel Aims To Cut Down Debt, Fuel Growth With Rs 21,000 Crore Capital Raise
Sunil Mittal has said that Bharti Airtel wanted to improve its access to growth capital and reduce its debt leverage
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Bharti Airtel Board To Mull Fund-Raising Plans On August 29; Stock Slides 2%
The money will be raised through a combination of equity, equity-linked instruments or debt instruments, Bharti Airtel said in a regulatory filing to the stock exchanges on Wednesday
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Debt-Hit Bharti Airtel's Parent Eyes $1 Billion From Stake Sale
Bharti raised $3 billion in January from the sale of shares and convertible bonds to help pay additional airwave and license fees after telecom operators lost a court case.
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Bharti Airtel To Raise Up To $3 Billion Via Debt, Equity
Airtel said it will raise $2 billion via qualified institutional placement and $1 billion via bonds and debentures.
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Government Gives Telecom Firms Option To Defer Spectrum Payments: 10 Things To Know
The government on Wednesday cleared a proposal to give telecom operators the option to defer payment of spectrum-related installments for next two financial years. In an official statement, the Cabinet Committee on Economic Affairs said the move was aimed at easing the cash outflow of the telecom service providers facing financial stress. Companies...
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Vodafone Idea, Airtel To Hike Tariffs From December Amid Sector Stress
Airtel will appropriately increase price offerings in the month beginning December," Bharti Airtel said in a press release.
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Government Forms Panel To Address Telecom Sector Woes: Report
Shares in Vodafone Idea closed 8.3% down while Bharti Airtel lost 3.5% in a broader market that finished with a 1.4% gain.
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Airtel, Vodafone Idea, Others Face Rs. 1.4 Lakh Crores Payout After Supreme Court Order
Bharti Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.4 lakh crore following a Supreme Court order that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
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RIL Shares Jump Most In A Decade After Mukesh Ambani Reveals Zero-Net-Debt Plan
Reliance Industries' billionaire chairman, Mukesh Ambani, unveiled plans to launch cut-price home internet services across the country next month.
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Bharti Airtel, Unit Pay Rs. 5,985 Crore to Clear 'High-Cost' 2024 Spectrum Dues
Bharti Airtel, along with Bharti Hexacom, has prepaid Rs. 5,985 billion to the government, clearing "high-cost" liabilities from the 2024 spectrum auctions. India's second-largest telecom firm has reduced its spectrum-related debt to Rs. 52,000 crore, lowering the cost of debt to 7.22%. Airtel has been actively prepaying dues from past aggressive s...
-
Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
-
Supreme Court Rejects Telcos' Plea on AGR Dues Owed to Government
The Supreme Court has dismissed a plea from telecom companies to reassess the dues they owe the government, resulting in a decline in the stock prices of Vodafone Idea and its counterparts. Vodafone Idea and Bharti Airtel are facing a combined debt of Rs. 1 lakh crore in outstanding dues, encompassing spectrum charges and licensing fees.
-
Airtel Chief Sunil Mittal Says Company Has Emerged Stronger
"My professionals will not send me anything that will compromise the company's governance," said Sunil Mittal
-
Bharti Airtel Board Okays Raising Up To Rs 7,500 Crore Through Debt Instruments
Bharti Airtel's board on Tuesday gave an enabling approval for raising up to Rs 7,500 crore through debt instruments
-
Crisil Upgrades Bharti Airtel's Long-Term Rating On Debt Programme, Bank Facilities
Bharti Airtel Share Price: On Wednesday, Bharti Airtel opened on the BSE at Rs 699, touching to an intra day high of Rs 702, and an intra day low of Rs 689.45, so far.
-
Bharti Airtel Aims To Cut Down Debt, Fuel Growth With Rs 21,000 Crore Capital Raise
Sunil Mittal has said that Bharti Airtel wanted to improve its access to growth capital and reduce its debt leverage
-
Bharti Airtel Board To Mull Fund-Raising Plans On August 29; Stock Slides 2%
The money will be raised through a combination of equity, equity-linked instruments or debt instruments, Bharti Airtel said in a regulatory filing to the stock exchanges on Wednesday
-
Debt-Hit Bharti Airtel's Parent Eyes $1 Billion From Stake Sale
Bharti raised $3 billion in January from the sale of shares and convertible bonds to help pay additional airwave and license fees after telecom operators lost a court case.
-
Bharti Airtel To Raise Up To $3 Billion Via Debt, Equity
Airtel said it will raise $2 billion via qualified institutional placement and $1 billion via bonds and debentures.
-
Government Gives Telecom Firms Option To Defer Spectrum Payments: 10 Things To Know
The government on Wednesday cleared a proposal to give telecom operators the option to defer payment of spectrum-related installments for next two financial years. In an official statement, the Cabinet Committee on Economic Affairs said the move was aimed at easing the cash outflow of the telecom service providers facing financial stress. Companies...
-
Vodafone Idea, Airtel To Hike Tariffs From December Amid Sector Stress
Airtel will appropriately increase price offerings in the month beginning December," Bharti Airtel said in a press release.
-
Government Forms Panel To Address Telecom Sector Woes: Report
Shares in Vodafone Idea closed 8.3% down while Bharti Airtel lost 3.5% in a broader market that finished with a 1.4% gain.
-
Airtel, Vodafone Idea, Others Face Rs. 1.4 Lakh Crores Payout After Supreme Court Order
Bharti Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.4 lakh crore following a Supreme Court order that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
-
RIL Shares Jump Most In A Decade After Mukesh Ambani Reveals Zero-Net-Debt Plan
Reliance Industries' billionaire chairman, Mukesh Ambani, unveiled plans to launch cut-price home internet services across the country next month.
