Announcement • Feb 09
Bharti Airtel Limited(NSEI:AIRTELPP) dropped from FTSE All-World Index (USD) Bharti Airtel Limited(NSEI:AIRTELPP) dropped from FTSE All-World Index (USD) Announcement • Dec 20
Airtel Appoints Rabi Shankar Mishra as Chief Executive Officer for Maharashtra and Goa, Effective December 2025 Airtel has appointed Rabi Shankar Mishra as Chief Executive Officer for Maharashtra and Goa, effective December 2025. He was previously CEO for Airtel's Assam circle, where he led the business from October 2024 to December 2025. His appointment follows a steady progression within the organisation and reflects his experience in managing large, diverse markets. Before joining Airtel, Mishra spent nearly five years at The Hershey Company as Sales Director for India. His earlier leadership roles include Vice President at Diageo and Associate Director at Mondelez International. He also spent several years at Cadbury India Ltd, where he held senior sales leadership positions across the West and East regions. Announcement • Dec 04
Airtel Appoints Suchita Salwan as Chief Customer Officer Airtel has appointed Suchita Salwan as its new chief customer officer, bringing a wealth of experience from India's startup and luxury sectors. She will spearhead growth and brand strategy across Airtel's B2C portfolio. Salwan, founder of lifestyle platform LBB, which was acquired by Nykaa in 2022, has a decade-long track record of building brands and driving engagement. At LBB, she scaled revenues by 100 per cent in a single year and grew the platform to reach over 70 million users monthly. She also led Nykaa Luxe and Nykaa's content and brand marketing teams, delivering innovative campaigns that blended data-driven insights with consumer storytelling. Announcement • Aug 09
Bharti Airtel Limited Approves Final Dividend for the Fiscal Year Ended March 31, 2025 Bharti Airtel Limited approved declaration of dividend on equity shares for the financial year ended March 31, 2025 at the rate of INR 16/- (Rupees Sixteen only) per fully paid-up equity share of face value of INR 5/- each and a pro-rata dividend at the rate of INR 4/- (Rupees Four only) per partly paid-up equity share of face value of INR 5/- each (Paid-up value of INR 1.25/- per share). Announcement • Aug 08
Sunil Mittal-Led Entity Reportedly to Offload $1.06 Billion Worth Airtel Shares Indian Continent Investment Ltd. (Indian Continent Investment Limited), a promoter group entity of Bharti Airtel Limited (BSE:532454), will sell about 50 million of shares, or 0.8% of its stake worth $1.06 billion, according to a term sheet accessed by Mint on 7 August 2025. The transaction is expected to take place on 8 August 2025. Jefferies and JP Morgan are managing the deal, the term sheet showed. The Sunil Mittal-led promoter group entity of Bharti Airtel will offload the shares at an offer price of INR 1,862 per share, which represents a 3% discount to the scrip's last closing price. As of June end, Indian Continent Investment held 2.47% stake in Bharti Airtel. Its first holding date was on 30 September 2007. Queries emailed to Airtel late evening on 7 August 2025 did not elicit in any response. Announcement • Jul 30
Bharti Airtel Limited (BSE:532454) completed the acquisition of Membership Interest Purchase Agreement to acquire 5% stake in Ericsson US Dhaulagiri LLC. Bharti Airtel Limited (BSE:532454) entered into an Membership Interest Purchase Agreement to acquire 5% stake in Ericsson US Dhaulagiri LLC on July 13, 2024.
Bharti Airtel Limited (BSE:532454) completed the acquisition of Membership Interest Purchase Agreement to acquire 5% stake in Ericsson US Dhaulagiri LLC on July 29, 2025. Announcement • Jul 11
Bharti Airtel Limited, Annual General Meeting, Aug 08, 2025 Bharti Airtel Limited, Annual General Meeting, Aug 08, 2025. Announcement • Jul 03
Bharti Airtel Appoints Manoj Kumar Mauni as CIO Bharti Airtel has named Manoj Kumar Mauni as its new Chief Information Officer (CIO) Telecom. This strategic hire underscores Airtels focus on strengthening its technology foundations to enable advanced connectivity solutions and meet the demands of an evolving digital landscape. Bringing over 20 years of experience in steering large-scale IT transformations across banking, insurance, logistics, and now telecom, Manoj is well-positioned to lead Airtels technology agenda. His expertise spans IT strategy, service management, enterprise data lakes, financial systems, risk management, and business relationship management making him a valuable addition as Airtel scales its operations for next-generation services. Before joining Airtel, Manoj was Chief Technology Officer at Bandhan Bank, where he led a comprehensive IT transformation that boosted operational efficiency and modernized the banks digital infrastructure. He also spent over a decade at Kotak Mahindra Bank in senior IT leadership roles, ultimately serving as Executive Vice President IT, where he contributed to numerous technology initiatives. Manojs academic credentials include a BE (Hons) degree from BITS Pilani and a Masters in Financial Management from Jamnalal Bajaj Institute of Management Studies, Mumbai. He is well-versed in industry best practices, including CMM, PMP, and ITIL, with a consistent focus on driving digital transformation and operational excellence. His leadership has been recognized through multiple industry accolades, reflecting a proven ability to deliver complex, high-impact IT programs in highly regulated sectors. At Airtel, Manoj will lead the company's IT strategy, modernize telecom operations, and strengthen its digital infrastructure. His appointment comes at a crucial time as Indias telecom sector prepares for 5G expansion, soaring data usage, and the integration of AI-driven services. This move reaffirms Airtels commitment to technological innovation, superior customer experience, and long-term competitiveness. Announcement • May 29
Bharti Airtel Limited Introduces All-In-One OTT Entertainment Packs for Prepaid Users Bharti Airtel announced new unparalleled entertainment packs for prepaid customers. With access to an portfolio of 25+ top OTT platforms -including Netflix, JioHotstar, Zee5 and SonyLiv - Airtel is the only telco in India offering such an extensive entertainment experience. Starting at an attractive introductory price of 279 for 1 month validity, customers will get access to a wide variety of popular streaming platforms, of value worth 750, making it the only telco to enable access to such a wide bouquet of OTT streaming options. The company has also bundled entertainment packs with unlimited 5G data and unlimited calls at 598 facilitating unlimited entertainment. Customers can now access wide variety of TV shows, blockbuster movies, and documentaries from leading OTT platforms such as Netflix, JioHostar, Zee5, SonyLiv, LionsgatePlay, AHA, SunNxt, Hoichoi, ErosNow, and ShemarooMe, among others, all through a single pack. By consolidating these various OTT services into one affordable package, the company seeks to meet the changing entertainment preferences of its prepaid users. This enables them to effortlessly enjoy international, Bollywood, and regional content in more than 16 languages, including their preferred shows, films, and original content without the complications of managing individual subscriptions. This strategic initiative not only enhances Airtel's value proposition but also highlights the company's dedication to offering its customers unmatched convenience, flexibility, and a diverse range of entertainment options. Announcement • May 18
Singtel Likely to Sell Stake in Bharti Airtel Via Block Deal Singapore Telecommunications Limited (SGX:Z74) (Singtel) is likely to sell nearly 5 crore shares in Indian telecom major Bharti Airtel Limited (BSE:532454) via block deals with the deal size estimated at INR 85.00 billion ($1 billion). The floor price is likely set at INR 1,800 per share which is a 3.6% discount from the current market price, CNBC-TV18 reported, citing sources. Singtel currently owns 9.49% stake representing over 57.82 crore shares in Bharti Airtel via its arm Pastel Ltd. Announcement • Apr 28
Family Offices Reportedly Eyes Stake in Haier Appliances India Reliance Industries Limited (NSEI:RELIANCE) has emerged as a key contender for a significant stake in the Indian operations of China’s Haier, said people in the know. Haier is seeking to localise its consumer electronics and appliance manufacture business by roping in a homegrown strategic partner. The move pits Reliance Industries against a consortium that includes Sunil Mittal of the Bharti Group, among others, mirroring their competition in the telecommunications sector. Haier Appliances (India) P. Ltd, ranked third after LG and Samsung, had been considering a plan to dilute 25% - 51% equity, including an MG Motors-style structure, in which an Indian entity becomes the single largest shareholder. It has been seeking a $2 billion - $2.3 billion valuation, which includes a control premium, said the people cited. RIL entered the race after nonbinding offers were made at the beginning of the year. Its advisers have directly approached Haier’s headquarters in Qingdao, according to the people. Mittal too had gone to China a few weeks ago to meet the Haier top management, two industry executives said. It’s understood that the Reliance retail unit will be the vehicle for the potential acquisition, said the people cited. Reliance is keen on going solo, unlike the others, as of now, they said. It’s been building its own-brand business in electronics with licensed labels such as BPL and Kelvinator. Reconnect and Wyzr, brands that Reliance founded, have met with limited success.ET was first to report on December 25 that Mittal had formed a consortium with Warburg Pincus. In this battle of billionaires, the other groupings include TPG and the Burman family of Dabur; Goldman Sachs and the Amit Jatia family; and GIC of Singapore with BK Goenka of Welspun, after initially joining forces with Uday Kotak. The combine of the family office of Puneet Dalmia of the Dalmia Bharat Group and Bain Capital has opted out. Announcement • Apr 25
Bharti Airtel Limited to Report Q4, 2025 Results on May 13, 2025 Bharti Airtel Limited announced that they will report Q4, 2025 results on May 13, 2025 Announcement • Mar 26
Bharti Airtel Limited Announces Appointment of Shivan Bhargava as Director - Customer Experience, Effective April 01, 2025 Bharti Airtel Limited announced Appointment of Shivan Bhargava as Director - Customer Experience. Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise: Internal movement. Date of appointment/re- appointment/cessation (as applicable) & term of appointment/re-appointment: April 01, 2025. Shivan is a dynamic business leader and a turn- around specialist with a track record of driving top line, increasing profitability and building teams across different industries and geographies. Shivan is currently working with Bharti Airtel, as CEO for AP, Telangana & Kerala states. Prior to Airtel, he was working with Vodafone Idea Limited as Cluster Business Head for East Region. He has also worked with Digicel group, in Papua New Guinea as Managing Director for Consumer Telecom Business, NIIT Ltd., HCCB and Goodlass Nerolac Paints in his career. He is an alumnus of IMT Ghaziabad, Batch of 1995 and has completed his B.E. from Nagpur University, Batch of 1992. Announcement • Feb 28
Airtel Confirms Talks with Tatas for DTH Biz Merger Bharti Airtel Limited (BSE:532454) has confirmed it is in talks with Tata Sons Private Limited (Tata Group) to explore merging their direct-to-home (DTH) businesses, Bharti Telemedia Limited (Airtel Digital TV), and Tata Play Limited. The proposed merger would create India’s largest pay-TV operator and one of the largest globally in terms of subscriber base. In a stock market disclosure on February 26, 2025, the Sunil Mittal-owned telecom operator said the two firms are in bilateral discussions to explore merger of Tata Group’s DTH business with Bharti Telemedia, a subsidiary of Airtel, “in a structure acceptable to all parties.” “The matter is at a discussion stage only,” it said. ET on 25 February 2025 had reported a rapid progress in negotiations for merging the two loss-making DTH operations. This development comes at a time when content consumption behaviour is undergoing a significant shift, and the broadcast sector is experiencing a consolidation. ET had also first reported on a possible Airtel Digital TV-Tata Play deal on October 8 last year. The proposed merger is likely to occur through a share-swap arrangement, with Airtel emerging as the majority partner, people aware of the negotiations told ET. Airtel is projected to own 52% - 55% of the combined entity, while Tata Play’s shareholders, including Walt Disney (The Walt Disney Company (NYSE:DIS)), would hold 45% - 48%, they said. Both sides are expected to finalise a heads of terms agreement in the coming days, initiating the due diligence process. According to sources, Disney will retain its stake in the merged entity, as the other shareholders are not planning a buyout at this stage. The US media conglomerate has been looking to exit the TV distribution business. The proposed merged entity is expected to be led by Airtel’s senior management, while Tata is seeking two board seats. Industry sources estimate the valuation of both DTH businesses at INR 60.00 billion - INR 70.00 billion. “This will be a non-binding agreement,” an executive had told ET. “But with both sides engaged for months, they should move fast to close out all the outstanding issues. For Tata, this has been a drag, and like telecom, they are striking an alliance with a group they are comfortable with.” Sources suggest both companies are committed to finalising the deal swiftly. “The goal is to wrap up the integration of the two companies this year itself,” an official said on condition of anonymity. Announcement • Jan 22
Bharti Airtel Limited to Report Q3, 2025 Results on Feb 06, 2025 Bharti Airtel Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Announcement • Nov 19
Plan Afoot for Singtel, Mittals to Equalise Direct Stake in Airtel Singapore Telecommunications Limited (SGX:Z74) (Singtel) and the Mittal family — the promoters of Bharti Airtel Limited (BSE:532454)— are preparing a plan for each of them to hold equal direct stakes in India’s second-largest telecom operator, said a top Singtel executive. Currently, Singtel directly owns 9.5% in Bharti Airtel through its affiliate, Pastel Ltd, while the Sunil Mittal-led promoter family holds a 3.31% direct stake through Indian Continent Investment Ltd. (ICIL), a promoter group entity. “…we will look to equalise our direct stakes over time. (While) we are in no hurry in equalising that stake, we are looking to do that in the medium term,” Arthur Lang, group chief financial officer at Singtel, told analysts during the company’s first half FY25 earnings call on November 13, 2024. Industry executives said the exercise is part of Singtel’s plans to boost shareholder returns and increase returns on invested capital. They added that the Singapore-based carrier has also set in motion a value unlocking strategy to raise funds for other ventures like data centres. Singtel and the Bharti Group did not respond to ET’s queries. Currently, Singtel and the Mittal family effectively own 29.44% and 23.7%, respectively, in Bharti Airtel through a mix of direct and indirect holdings. The indirect holdings are routed through Bharti Telecom Ltd. (BTL) — the main controlling company that owns 40.33% in Airtel. Singtel’s 29.44% effective holding in Airtel comprises a 9.5% direct stake via Pastel and a 19.94% indirect stake through BTL. Likewise, the Mittal family’s 23.7% overall holding in Airtel comprises a 3.31% direct stake via ICIL and a 20.39% indirect stake through BTL. The Mittal family-controlled Bharti Group and Singtel own 50.56% and 49.44% in BTL, respectively. If the direct stakes of both partners equalise at about 6% each and the shareholding structure of BTL and its 40.33% stake in Airtel remains unchanged, the Mittal family could potentially end up with a higher effective shareholding than Singtel in the New Delhi-based telco. Announcement • Oct 29
Bharti Airtel Announces CEO Changes Bharti Airtel has appointed current chief operating officer Shashwat Sharma as chief executive officer, who will take charge from January 1, 2026. Sharma will be appointed as the CEO-designate where he will be responsible for the entire end-to-end consumer business. Current CEO Gopal Vittal is being appointed as the Vice Chairman of Bharti Airtel. Vittal will be responsible for mentoring and grooming Sharma to take over as MD and CEO. Announcement • Oct 28
Bharti Airtel Announces Management Changes Bharti Airtel has appointed current chief operating officer Shashwat Sharma as the managing director, who will take charge from January 1, 2026. Sharma will be appointed as the CEO-designate where he will be responsible for the entire end-to-end consumer business. Current MD Gopal Vittal is being appointed as the Vice Chairman of Bharti Airtel. Vittal will be responsible for mentoring and grooming Sharma to take over as MD and CEO. Following Sharma’s appointment, Vittal will move into the role of Executive Vice Chairman, spending his time between Delhi and Bengaluru. In addition, Vittal will also take on broader telecom responsibilities across the group. He will be appointed to the board of Airtel Africa as the Bharti nominee director to provide strategic guidance, the company said in a statement.Bharti Airtel board member Rakesh Bharti Mittal who has been on the board for 9 years is being transitioned into the board of Indus Towers where Airtel now has majority stake, along with Bharti Hexacom Limited. Rajan Bharti Mittal will be the board nominee for Airtel with immediate effect. Announcement • Oct 21
Airtel to Offer Seamless 5G Connectivity Across Line-3 of Mumbai Metro, Connecting Bkc to Aarey Bharti Airtel Limited announced that it is the first telecom service provider to offer uninterrupted 5G connectivity across the ten new stations of the newly inaugurated Mumbai Metro Line-3, also known as the Aqua Line. This underground infrastructure is a step to connect the financial capital from the Bandra Kurla Complex (BKC) to Aarey, spanning the crucial Jogeshwari-Vikhroli Link Road (JVLR) section. Mumbai's highly anticipated Aqua Line, the city's first underground metro system, is poised to revolutionize urban transportation and usher in a new era of efficient, high-tech travel for the bustling metropolis. Spanning a total length of 33.5 kilometers, this metro line will connect key transit hubs like the iconic Terminal 2 (T2) airport and the vibrant neighborhood of Santacruz. Along the entire 33.5 km route, Airtel has meticulously enhanced its 5G capabilities, ensuring that passengers can enjoy blazing-fast mobile internet, crystal-clear voice calls, and uninterrupted data transmission throughout their journeys. Dedicated in-building solutions have been deployed at each of the ten underground metro stations, guaranteeing consistent, high-quality connectivity that will transform the commuting experience. Announcement • Oct 16
Airtel Business and Vonage Partner to Launch Airtel IQ Business Connect Airtel Business, the B2B arm of Bharti Airtel and Vonage, a global leader in cloud communications that helps businesses accelerate their digital transformation and a part of Ericsson, have partnered to launch Airtel IQ Business Connect- a device-agnostic, unified business communications application that will help enterprises in India to simplify their customer engagement. Airtel IQ Business Connect is a customized multi-channel unified communications application that will enable businesses to enrich their customer experiences by maintaining consistent, long-lasting customer engagement while also overcoming challenges of data loss that can arise during employee transitions or attrition. With the new application, new employees will be equipped to seamlessly maintain continuity in customer communications across a range of devices including mobile phones, tablets and laptops, through a single interface, ensuring strong customer loyalty and stickiness. Enterprises can effortlessly adopt the application without the need for any additional hardware investments. Airtel IQ Business Connect, powered by Vonage, is a part of Airtel Business's cloud communications offering Airtel IQ. The application will enable enterprises in India to empower all their employees, including their hybrid workforce, as well as personnel such as relationship managers, field force and others, to seamlessly communicate with their stakeholders 24X7, thereby enabling enhanced customer engagement. Airtel IQ is an omni-channel cloud communications platform that unifies cloud communications and customer experience management to enable brands to engage with their customers across voice and WhatsApp channels. Airtel is the first telecom company in the world that serves as a Business Service Provider (BSP) for WhatsApp. Announcement • Oct 15
Bharti Airtel Limited to Report Q2, 2025 Results on Oct 28, 2024 Bharti Airtel Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Announcement • Oct 14
Airtel Business Partners with Zscaler to Launch 'Airtel Secure Digital Internet' Airtel Business, the B2B arm of Bharti Airtel, partnered with Zscaler to launch `Airtel Secure Digital Internet ' India's first, fully managed Zero Trust Architecture (ZTA) based solution designed to protect enterprises from a wide range of cyber threats. Strengthening enterprise cybersecurity, `Airtel Secure Digital Internet' is a fully managed solution that integrates Airtel's Internet Leased Line (ILL) connectivity with Zscaler's cloud security technology & Security Service Edge (SSE) technology as well as Zscaler Internet AccessTM (ZIATM) to provide advanced security features such as comprehensive threat protection, SSL inspection, cloud firewall and secure access to cloud applications. Built on the core principle of `never trust, always verify the User, Device and Network' `Airtel Secure Digital Internet' will enable enterprises in India to navigate the complexities of the digital world by leveraging its unique capabilities in an effective, scalable and costefficient manner. India is at the forefront of technology innovation and adoption with enterprises, small and large, leading the way on a global scale. However, this exponential growth has also caught the attention of threat actors who are increasingly targeting local entities to launch attacks. For instance, according to Zscaler ThreatLabz, in the past year alone, Indian enterprises have seen over 79 million phishing attacks and more than 5 billion encrypted attacks, making India among the top three most targeted markets globally. Now, more than ever before, it is important for organizations in India to strengthen their cybersecurity while managing multivendor security stacks, budget constraints, skill gaps and time to market issues. The zero trust architecture of `Airtel Secure Digital Internet' reduces attack surfaces while simplifying security management by centralising policy enforcement. Its inherent cloud native security ensures consistent protection for users across all locations. The scalable, cloud based platform also eliminates the need for costly hardware, enhancing operational efficiency and reducing total cost of ownership. To further optimise its network performance and minimise latency, Airtel has also strategically enhanced its Internet Points of Presence (PoPs) through the integration of Zscaler's advanced security stack. As a distinguished Managed Security Services Provider (MSSP) partner of Zscaler, Airtel is equipped to deliver comprehensive managed services, encompassing the entire security lifecycle--from initial deployment to continuous, premium grade support. Enterprises can now leverage Airtel's extensive, panIndia Internet Leased Line (ILL) connectivity to achieve secure, consistent connectivity across all their office locations. Enterprises also have the flexibility to procure Zscaler SSE as a standalone solution, bundled with Airtel's managed services that can be further tailored for their unique requirements. Announcement • Oct 08
Bharti Airtel Reportedly in Advanced Talks to Acquire Tata Play to Boost Digital TV Segment Bharti Airtel Limited (BSE:532454) is in advanced negotiations with The Tata group (Tata Sons Private Limited) to buy loss-making Tata Play Limited, India’s direct-to-home (DTH) business, said people aware of the matter. The aim is to consolidate its presence in the digital TV segment that’s facing growth challenges while improving Airtel’s bundled offerings to shore up its non-mobile revenues through convergence. Announcement • Sep 25
Bharti Airtel Launches AI-Powered Network Solution for SPAM Detection Bharti Airtel on September 25, 2024 launched India's first network-based, AI-powered spam detection solution that will significantly solve the issue of spam calls and messages for its customers. A first-of-its-kind solution by a telecom service provider in the country, the tool will alert customers in real-time to all suspected spam calls and SMSes. The solution is free of cost and will get auto-activated for all Airtel customers without them having to raise a service request or download an app. Developed in-house by Airtel's data scientists, the AI-powered solution uses a proprietary algorithm to identify and classify calls and SMSes as Suspected SPAM. The network powered by AI algorithm analyses various parameters such as the caller or sender's usage patterns, call/SMS frequency, call duration amongst several others, on a real time basis. By cross-referencing this information against known spam patterns, the system flags suspected spam calls and SMSes accurately. Additionally, the solution also alerts customers to malicious links received via SMS. For this, Airtel has built a centralised database of blacklisted URLs and every SMS is scanned in real time by a AI algorithm to caution users from accidently clicking on suspicious links. The solution can also detect anomalies such as frequent IMEI changes - a typical indicator of fraudulent behavior. By layering these protective measures, the company is ensuring its customers receive maximum level of defense against the evolving landscape of spam and fraud threats. Announcement • Aug 22
Bharti Airtel Limited Approves Dividend for the Financial Year Ended March 31, 2024 Bharti Airtel Limited announced at the AGM held on August 20, 2024, approved Declaration of dividend on equity shares for the financial year ended March 31, 2024 at the rate of INR 8 (Rupees Eight only) per fully paid-up equity share of face value of INR 5 each and a pro-rata dividend at the rate of INR 2 (Rupee Two only) per partly paid-up equity share of face value of INR 5 each (Paid-up value of INR 1.25 per share). Announcement • Aug 21
Bharti Airtel Limited Appoints Justice (Retd.) Arjan Kumar Sikri as an Independent Director Bharti Airtel Limited at its AGM held on August 20, 2024, approved appointment of Justice (Retd.) Arjan Kumar Sikri as an Independent Director of the Company for a term of five (5) years with effect from June 01, 2024 to May 31, 2029. Announcement • Aug 10
Bharti Airtel Limited Appoints Rohit Krishan Puri as Joint Company Secretary Bharti Airtel Limited announced upon recommendation of Nomination & Remuneration Committee, the Board of Directors of the Company, in its meeting held on August 05, 2024, has appointed Rohit Krishan Puri as Joint Company Secretary of the Company with effect from August 06, 2024. Rohit Krishan Puri is an associate member of the Institute of Company Secretaries of India (ACS: 19779), a qualified Chartered Accountant from the Institute of Chartered Accountants of India and a law graduate with over 20 years of experience in corporate sector. Before joining Bharti Group in 2010, he worked with Hero MotoCorp. He has been a part of Corporate Secretarial function for more than a decade and has also been involved in several corporate transactions including fund raising initiatives and corporate restructurings etc. Announcement • Jul 24
Bharti Airtel Limited, Annual General Meeting, Aug 20, 2024 Bharti Airtel Limited, Annual General Meeting, Aug 20, 2024. Announcement • Jul 23
Bharti Airtel Limited to Report Q1, 2025 Results on Aug 05, 2024 Bharti Airtel Limited announced that they will report Q1, 2025 results on Aug 05, 2024 Announcement • Jul 03
Vodafone UK Reportedly May Offer INR 20 Billion Equity Top Up to Vi Vodafone Group Public Limited Company (LSE:VOD) may infuse INR 20.00 billion equity into Vodafone Idea Limited (NSEI:IDEA) (Vi) out of the proceeds of a likely sale of its balance 3.1% holding in Indus Towers Limited (NSEI:INDUSTOWER), said analysts who added that this may be used to clear a portion of the Indian telco's dues to the tower company. Vi may also make more substantial payments to Indus towards cutting its dues after the telco raises debt of INR 230.00 billion - INR 250.00 billion through term loans as planned, they added. After the recent sale of its 18% stake in Indus, UK's Vodafone holds 3.1% of the tower company and is said to be in talks with Bharti Airtel Limited (BSE:532454) to sell these shares, people familiar said. Earlier talks between the two parties got stuck over valuation differences but the latest discussions may yield results, said the people cited above. "An upcoming event catalyst that will now be in focus, in our view, is a potential equity infusion into Vi (up to INR 20.00 billion ballpark) once the balance 3% stake in Indus is sold by its UK promoter, which can be used by Vi to partly clear its past dues to Indus," Citi Research said in a note seen by ET. Vi Chief Executive Officer Akshaya Moondra had told ET that the Vodafone Group remained committed and can invest in the telco by monetising its stake in Indus. Bharti Airtel, Vodafone Plc and Indus Towers did not respond to ET's queries. Announcement • Jun 28
Dialog Axiata PLC (COSE:DIAL.N0000) completed the acquisition of Bharti Airtel Lanka Private Limited from Bharti Airtel Limited (BSE:532454). Dialog Axiata PLC (COSE:DIAL.N0000) entered into a binding term sheet to acquire Bharti Airtel Lanka Private Limited from Bharti Airtel Limited (BSE:532454) on May 2, 2023. Under the terms, Dialog will issue new shares upon completion of the transaction. Dialog will issue its ordinary voting to Bharti Airtel which will amount to 10.355% of the total issued shares of Dialog by way of a share swap. The operation of Bharti Airtel Lanka will be combined with Dialog. The proposed transaction is subject to signing of definitive agreements and necessary closing conditions including applicable regulatory and shareholder approvals. The transaction is subject to the approval of Dialogs shareholders. The deal is also yet to receive approval from Colombo Stock Exchange and other applicable legal, corporate and regulatory compliance procedures. The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has granted its approval for the proposed merger. As on April 18, 2024 Dialog Axiata PLC entered into a definitive agreement to acquire Bharti Airtel Lanka Private Limited from Bharti Airtel Limited.
Dialog Axiata PLC (COSE:DIAL.N0000) completed the acquisition of Bharti Airtel Lanka Private Limited from Bharti Airtel Limited (BSE:532454) on June 26, 2024. Upon completion of the transaction, Dialog holds 100% shareholding of Airtel Lanka and Bharti Airtel holds 10.355% shareholding of Dialog. Announcement • May 30
Bharti Airtel Limited Appoints Sharat Sinha as CEO of Airtel Business, effective 3 June 2024 Bharti Airtel Limited has appointed Sharat Sinha as the CEO of Airtel Business effective 3 June 2024. In this role, Sharat will report to Gopal Vittal and will be a part of the Airtel Management Board. Sharat joins Airtel Business from Checkpoint So ware Technologies Limited, where he served as President of Asia Pacific. A seasoned technology professional, Sharat has also worked with Palo Alto Networks, Cisco, and VM Ware in various leadership roles. His early experiences in Ericsson and VSNL have also given him a sound telecom background. Mr. Sharat Sinha joins Airtel from Checkpoint software Technologies where he has served as President APAC, based out of Singapore. A seasoned technology professional, Sharat has worked with various large organizations like Cisco, Palo Alto Networks, VMWare. He has early experiences in VSNL and Ericsson. Sharat has completed his Bachelors in Technology (Electronics Engineering), Masters in Technology (Industrial and Management Engineering) and Doctor of Business Administration from University of South Australia. Announcement • May 02
Bharti Airtel Limited Appoints Ambareesh Mandelia as Head - M&A and Business Development Bharti Airtel Limited announced that Mr. Ambareesh Mandelia has been appointed as Head - M&A and Business Development of the Company effective May 01, 2024. Mr. Ambareesh Mandelia is a qualified Chartered Accountant from Institute of Chartered Accountants of India, 2003 batch. He brings with him more than 20 years of rich experience in Investment Banking, Mergers & Acquisition, Strategy and Corporate Development. In his last assignment, he was heading the Corporate Health and Wellness BU at Tata 1mg along with Corporate Strategy. He has also managed multiple portfolios as part of Tata Sons Chairman's Office and has worked in the investment banking teams of various multinational Banks such as Bank of America, Merrill Lynch, Nomura/Lehman Brothers in his career. Announcement • Apr 28
Bharti Airtel Limited to Report Q4, 2024 Results on May 14, 2024 Bharti Airtel Limited announced that they will report Q4, 2024 results on May 14, 2024 Announcement • Jan 20
Bharti Airtel Limited to Report Q3, 2024 Results on Feb 05, 2024 Bharti Airtel Limited announced that they will report Q3, 2024 results on Feb 05, 2024 Announcement • Nov 29
Airtel Connects the Zanskar Valley in Kargil District with Superfast Airtel 5G Plus Bharti Airtel announced that it has connected the Zanskar Valley in Kargil district with its ultrafast Airtel 5G Plus. This makes Airtel the only operator to offer 5G services in the Zanskar valley. Located at an altitude of 7756 m from the sea level, this expansion is part of Airtel's efforts to connect remotest locations of the country including high-altitude valleys through its ultrafast Airtel5G Plus services. The company has been ramping its 5G roll-out in the country and has already connected 20000 villages and 5000 towns by Oct 2023. Airtel 5G Plus is available across all districs in the Union Territory of Ladakh. All 25 villages in the Zanskar valley can now enjoy the power of 5G as enjoyed by millions of Indians. Zanskar located in Ladakh region faces extreme weather conditions in winter making it almost inhabitable for 6 months of the year. The place however becomes a popular tourist destination owing to the famous 'Chadar Trek', a trek along the frozen Zanskar river attracting tourists from India and abroad. Network connectivity becomes a critical necessity for safety, during emergencies. Airtel's 5G service is now operational across Rangdrum, Phey Thang Zanskar, Sani Monastery, Kisherak Rd Padum, Techa Khasar, Karsha amongst others. The launch will not only enhance the quality of life for locals but also readies the tourist destination ahead of its peak travel season. All the 25 villages of this region will benefit from the launch of superfast 5G service. Announcement • Nov 06
An unknown buyer entered into a Share Purchase Agreement to acquire Firefly Networks Limited from Bharti Airtel Limited (BSE:532454) and Vodafone Idea Limited (NSEI:IDEA) for approximately INR 120 million. An unknown buyer entered into a Share Purchase Agreement to acquire Firefly Networks Limited from Bharti Airtel Limited (BSE:532454) and Vodafone Idea Limited (NSEI:IDEA) for approximately INR 120 million on November 4, 2023. The completion is expected within 45 days from the date of execution of the agreement. Announcement • Nov 04
Bharti Airtel Limited Announces Resignation of Adarsh Nair as Chief Product Officer and Ceases to Be a Senior Management Personnel Bharti Airtel Limited announced that Mr. Adarsh Nair, Chief Product Officer of the Company has resigned and accordingly, ceases to be a Senior Management Personnel of the Company. His resignation has been accepted on November 03, 2023 and he will be relieved from his duties upon closure of business hours on February 15, 2024. The Company appreciates his valuable contribution during his tenure with the Company. Announcement • Nov 01
Bharti Airtel Limited Appoints Douglas Anderson Baillie as an Additional Director W.E.F. October 31, 2023 Bharti Airtel Limited has approved the appointment of Douglas Anderson Baillie (DIN: 00121638) as an Additional Director w.e.f. October 31, 2023 and to hold office as an Independent Director for a term of five years i.e. upto October 30, 2028. Douglas Anderson Baillie has a vast experience in the field of human resource and rich background of diverse leadership roles in both private & public sectors. He spent around 38 years at Unilever where his roles included President of Western Europe in the Netherlands until 2011, Group Vice President of South Asia, CEO Hindustan Unilever in India until 2008, Group Vice President Africa and the Middle East from 2004 to 2006 and Chief HR Officer from 2011 until 2016. Presently, he is the vice-chairman of MasterCard Foundation and member of the Leverhulme Trust Board, one of the largest all-subject providers of research funding in the UK. He also serves as an Independent Director of Airtel Africa plc and a Non-executive Director of the Huhtamaki Group. Douglas graduated from the University of Natal in South Africa with majors in business finance, marketing, and businessadministration. Announcement • Oct 24
Bharti Airtel Limited Extends 5G Coverage to All 14 Districts of Kerala Empowering 1.7 Million Customers to Enjoy the Power of 5G Bharti Airtel Limited announced that it has over 1.7 million unique 5G customers in Kerala. The company also announced that Airtel 5G Plus service is available across all the districts in the state within just 12 months of the launch. Airtel's 5G service is now available across all districts and union territories in the country. Airtel has extensively rolled out its network making its services available across all districts in Kerala. From the tranquil backwaters of Vembanad Lake, the serene coastal village of Mararikulam in Alappuzha, the tea gardens of Munnar, pristine beaches of Kovalam to the historic and culturally rich Fort Kochi, Airtel continues to rapidly accelerate its 5G rollout. Furthermore, it has also brought the recently launched Water metro stations in Kochi along with the famous Bolgatty Island onto the digital superhighway. Over the past year, Airtel has been at the cutting edge of 5G innovation, successfully demonstrating the transformative power of 5G through a range of compelling use cases that have revolutionized how customers live their lives and conduct business. These include establishing India's first private 5G network at the BOSCH facility in Bengaluru and partnering with Mahindra & Mahindra to convert its Chakan manufacturing unit into India's first 5G-enabled auto manufacturing facility. Airtel recently launched the Airtel Xstream Air Fiber, the first wireless home Wi-Fi service in India powered by Airtel 5G Plus, in Delhi & Mumbai, showcasing its outstanding 5G capabilities for consumers. Announcement • Oct 17
Bharti Airtel Announces Executive Changes Bharti Airtel has elevated Shashwat Sharma to the post of chief operating officer as part of changes to its management board. The changes have been made effective over the past week, with the elevation of Sharma to the post of COO, as Sunil Taldar - director operations for the India business - moved to head transformation for the company's Africa business. He has been replaced by Sharma who earlier headed the marketing and consumer business for the telco, and was chief executive of Airtel DTH, its linear TV distribution business. In Sharma's place, Amit Tripathi has taken over as director - marketing and customer experience. Tripathi will be responsible for all of Shashwat Sharma's portfolio barring the DTH business which has been given to Siddharth Sharma.