Airtel, Western Union team up to launch real-time cross-border money movements in India, Africa
Western Union has teamed up with two Bharti Airtel arms -- Airtel Payments Bank and Airtel Africa Plc -- to launch real-time payments shortly into millions of Airtel Payments Bank accounts in India and mobile wallets across 14 countries in Africa. The service launch is expected in the course of calender 2020, Airtel said.
Bharti Airtel has shown commitment to retain investment grade rating: Nitin Soni, Fitch Ratings
Fitch has given BBB minus at rating watch neg...
Fitch says removing Airtel from ratings watch to depend on SC ruling
Fitch assigned a rating of 'BBB-' to the company's proposed US dollar se...
Stocks in the news: Axis Bank, L&T, YES Bank, Adani Gas, RBL Bank, Cipla, ITI and Asian Paints
Cipla said it has received observations from the USFDA for its Goa manufacturing facility.
Airtel Malawi plans to raise $37.5 million via IPO
“Airtel Africa PLC ("Airtel Africa" or "Group")... further to its announcement of 11 December 2019 of its intention to float its local business Airtel Malawi PLC ("Airtel Malawi" or the "Subsidiary) on the Malawi Stock Exchange, today announces the price for the initial public offering ("IPO" or the "Offer")," said the company on Tuesday.
Airtel and Vodafone Idea’s revenue to rise in Q3: Brokerages
ICICI Securities thinks both the telcos will see higher revenues in third quarter of FY20.
Airtel Africa Q2 net profit up 39% YoY; data usage boosts
This profit growth was driven by rising data consumption and lower finance costs.
Fund-raising to boost Bharti Airtel's books: Analysts
Bharti Airtel’s application for permission to increase its foreign shareholding limit to 100 per cent is still pending with the government.
Airtel Africa crosses 100 million subscribers base
The growth in the Africa market mitigates the impact of challenge that the company is facing in India.
Icra downgrades Bharti Airtel’s long-term rating to “AA-“ from “AA”
The agency said the ratings continue to remain under watch with negative implications.
Airtel Africa falls 16% after London listing
Telecom company also completes listing on Nigerian stock exchange
Airtel Africa makes a weak debut on LSE
“It does show the market is tricky,” said a person close to the transaction.
Airtel Africa Q1 net profit up 40% on year
Airtel Africa’s data revenue was up 36 per cent to $207.1 million.
Discounted Airtel Africa price band to counter UK Market conditions: Analysts
Bharti Airtel’s stake in its subsidiary will reduce to 55-57%, from 68.5%, after listing on London Stock Exchange.
Airtel Africa to raise $750 mn via IPO, eyes London listing
The offer targets to reduce net debts.
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