Bharti Airtel on Tuesday said it does not agree with an order it received under the Central Goods and Services Tax Act for a levy of Rs 24.94 lakh penalty and will take suitable action for rectification or reversal. The violation pertains to alleged irregular input tax cred...
Tag: airtel
Airtel-Alphabet laser tech deal faces challenges
Bharti Airtel's plans to use Google parent Alphabet's laser internet technology, Taara, to support its 4G and 5G operations in India has hit an air pocket. The Sunil Mittal-led telecom operator is not convinced about the effectiveness of using Taara as a wireless backhaul t...
TRAI urges clarity on terms for unlimited 5G data packs from Jio, Airtel
The Telecom Regulatory Authority of India (Trai) has asked Reliance Jio and Bharti Airtel to clearly state the terms and conditions of their unlimited 5G data offerings to customers. While giving a clean chit to both the operators on the predatory pricing complaint by Vodafone Idea, the regulator has con...
Airtel plans $1 bn fundraise to clear spectrum dues, eyes offshore bonds
Bharti Airtel is exploring around a $1-billion (approximately ₹8,330 crore) fundraise, including a potential offshore bonds issue, to prepay a bulk of its remaining dues relating to spectrum bought in the 2015 auction. India's second-largest telco is likely to engage with t...
Airtel, Vi sell stake in wi-fi infra firm Firefly
London-based Digital Infrastructure Accelerator (DIA), along with a Middle East-based fund, is buying a 100 percent stake in Airtel-Vodafone’s wifi joint venture Firefly Networks.
After the acquisition, according to a report in the Economic Times, the new owners will invest up to $10...
Airtel launches Airtel IQ Reach
Tuesday marked a significant milestone for Airtel as it unveiled its groundbreaking self-service marketing communications platform, Airtel IQ Reach. Designed to empower small businesses, the telecom giant's latest offering allows them to tap into Airtel's vast user base effortlessly. The key highl...