Bharti Infratel Q4 net profit up 7%
Telecom tower company Bharti Infratel posted a net profit of ₹650 crore for the fourth quarter of 2019-20, up 7% on annual basis, aided by tariff hikes and increase in data consumption, which in turn led telecom operators to increase spending on tower infrastructure.
No more extentions for Infratel-Indus deal deadline beyond June 24: Akhil Gupta
“The merger deal has been an overhang on the company, but, th...
Bharti Infratel Q4 results: Net profit up 7% YoY to Rs 650 crore
It had reported a net profit of Rs 607.60 crore in the corresponding quarter...
Bharti Infratel Q4 net profit gains 7% YoY: Key takeaways
The board of the company increased the deadline of its merger with Indus Towers to June 24.
Infratel Q3 results: Profit rises 23% to Rs 799 crore; AGR issue weighs on growth
Quarterly consolidated revenue rose 1% on-year to Rs 3,673 crore.
Bharti Infratel Q3 profit up 11%; higher finance income, lower taxes help
Consolidated revenue declined 0.40 per cent to Rs 3,640 crore in Q3FY19.
Infratel-Indus merged co will be an attractive buy for PE investors: Akhil Gupta
“From a PE perspective, the structure of the proposed Infratel-Indus merged entity is better as there are two big shareholders (read: Airtel and Vodafone), but nobody has a majority stake,” Gupta said.
Bharti Infratel Q2 profit up 61% YoY at Rs 964 crore
The company's mobile tower base increased by 1,298 year-on-year to 93,421 at the end of September 30, 2019.
Bharti Infratel Chairman Akhil Gupta to get 5-year tenure extension
The proposal, which is yet to be approved by the company's shareholders, seeks to make the appointment effective from April 1.
Telecom industry of the right size now, says Bharti Infratel's Akhil Gupta
With four players in the industry, Gupta predicts a positive outlook for the industry with a gradual increase in average revenue per user (ARPU).
Bharti Infratel Q4 profit inches up 1.5% YoY to Rs 606 crore
Quarterly consolidated revenue rose 4% on a yearly basis to Rs 3,662 crore.
Bharti Infratel chairman asks DoT to penalise telcos that fail on 5G rollout obligations front
Phone companies that fully meet their 5G rollout obligations outside Tier 1 & 2 cities must be incentivised, Gupta said.
Bharti Infratel Q3 profit falls 6% YoY to Rs 585 crore
Total income increased 10.88 per cent year-on-year to Rs 1,716.30 crore during the quarter.
Bharti Infratel Q1 profit jumps 39% YoY
The consolidated revenue, however, increased by only 1 per cent to Rs 3,712 crore.
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