Bharti Airtel partners with US firmOctober 6th, 2009 NEW DELHI - Telecom major Bharti Airtel has partnered with US-based network equipment maker Cisco Systems to offer services for small, medium and large enterprises. The alliance will use Cisco's Internet Protocol (IP) technologies and expertise to create and sell a set of unique products and services, including managed data services, hosted unified communications, connected branch services and Cisco TelePresence, Bharti said Tuesday.
MTN-Bharti Airtel deal called offSeptember 30th, 2009 MUMBAI - Talks over a proposed partnership between Bharti Airtel and South Africa's MTN have been called off, with Bharti Airtel saying that the South African government is not ready to "accept the deal in its current form."
In a statement issued on Wednesday, Bharti Airtel said that it says it hopes government will "review its position in future". MTN says: "Information has been released in India by Bharti Airtel Limited relating to the potential transaction between MTN and Bharti.
Airtel launches new plans for US callers to IndiaSeptember 27th, 2009 NEW DELHI - Mobile operator Bharti Airtel Sunday announced two schemes enabling cheaper calls from the US to India as part of a festive season offer. Under the first scheme, users will get 1,353 minutes of calls for $24.99.
Bharti, South Africa's MTN extend pact talks to Sep 30August 20th, 2009 MUMBAI - Bharti Airtel and South Africa's MTN Thursday said they were extending their talks for a proposed $23-billion financial alliance till Sep 30, with no final pact in sight even as the revised deadline of Aug 31 approaches. "Discussions between the parties regarding the potential transaction continue to progress satisfactorily and the parties have accordingly agreed to extend the exclusivity period until September 30, 2009," Bharti Airtel said in a regulatory statement to the Bombay Stock Exchange (BSE).
Airtel launches wholesale services for global playersAugust 17th, 2009 NEW DELHI - Bharti Airtel Monday launched its global wholesale service portfolio, which will enable telecom companies across 50 countries to access its services. The company has invested $500 million to expand its connectivity by building cable capacity, network infrastructure and international points of presences, an official statement said.
Bharti-MTN extends talks on merger to August 31August 3rd, 2009 NEW DELHI - Bharti Airtel and MTN Group have extended their exclusive talks over achieving the tag of the world's third-largest mobile operator by a month to August 31. Bharti and MTN had revived merger talks in May, a year after the braking down of the first round of talks over the control of ownership of the merged organization.
Bharti Airtel Lanka crosses one million customer-markJuly 28th, 2009 COLOMBO - Bharti Airtel Lanka, a subsidiary of India's telecom major Bharti Airtel, Tuesday said it has crossed the one million customer-mark in Sri Lanka. The company has achieved this milestone within six months of the launch of its services in the island country.
Bharti net profit up 22 percent in first quarterJuly 23rd, 2009 MUMBAI - Beating forecasts by analysts, telecom major Bharti Airtel posted a 22.2 percent increase in net profit for the first quarter of 2009-10 at Rs.2,647.95 crore (Rs.26.48 billion / $547 million). The company's total income during the period under review rose 22 percent to Rs.10,448.69 crore from Rs.8,567.8 crore in the same period a year ago, it said in a regulatory statement.
Airtel still in talks with South Africa's MTNJuly 23rd, 2009 NEW DELHI - India's leading telecom operator Bharti Airtel is still in talks with South African telecom giant MTN for a possible merger, a top official said Thursday. "Talks are going on between Bharti Enterprises, the parent of Bharti Airtel, and South Africa's MTN Group to form a global business combination," Akhil Gupta, managing director of Bharti Enterprises, told reporters.
Airtel brings HTC Magic to IndiaJune 23rd, 2009 NEW DELHI - Taiwanese handset major HTC Corp, in collaboration with Bharti Airtel, Tuesday launched HTC Magic, India's first smartphone that will run on Google's Android operating system. The device is priced at Rs.29,900 and will be available in Airtel relationship centres and authorised HTC resellers in 17 cities.
After state-owned telcos, Airtel launches Net PCMay 22nd, 2009 NEW DELHI - Leading telecom operator Bharti Airtel, which has about 2.7 million Internet subscribers, Friday launched its Net PC initiative that provides Internet connectivity to users without the need to invest in personal computers (PC). With Net PC, users can also work on basic computer functions like word documents and presentations through centrally-placed software and hardware.
India's Bharti Airtel says quarterly profit up 21 percent on subscriber growthApril 29th, 2009 Bharti Airtel says quarterly profit up 21 pctMUMBAI, India — Bharti Airtel Ltd., India's largest mobile telephone company, said Wednesday that record subscriber growth fueled a 21 percent rise in quarterly profit. Net profit for the January-March quarter rose 21 percent from the same period last year to 22.39 billion rupees ($459 million).
Airtel launches 16 Mbps broadbandApril 6th, 2009 NEW DELHI - Bharti Airtel Monday launched 16 Mbps broadband, the fastest wireline broadband on digital subscriber loop(DSL) in the country, in select cities. 'We will be able to offer 16 Mbps broadband to 70 percent of the households in Delhi and NCR (national capital region), Chennai and Bangalore,' Airtel Telemedia Services joint president K.
Bharti Airtel posts 30 percent increase in Q3 profitJanuary 21st, 2009 NEW DELHI - Bharti Airtel Ltd. Thursday reported a 30 percent increase in its cash profits to Rs.37.55 billion ($767 million) in the third quarter ended Dec 31.
Airtel launches lifetime prepaid plan at Rs.99January 11th, 2009 NEW DELHI - Airtel has slashed the one time processing fee for lifetime validity customers from Rs.295 to Rs.99, the company said in a statement Monday. According to the new tariff plan, an Airtel customer on the lifelong plan will have to make a minimum recharge of Rs.200 every 180 days.