Bharti Airtel may have to surrender excess spectrum in Mumbai

By on August 14, 2014 at 10:42 AM.

Bharti Airtel may have to surrender excess spectrum in Mumbai

Bharti Airtel may have to surrender excess spectrum in Mumbai service area as the company has marginally crossed maximum airwaves holding cap in the metro following its acquisition of a 4G company founded by US chip maker Qualcomm. “The company will have to surrender excess spectrum as per spectrum cap rule within one year of amalgamating Wireless Business Services Private Limited (WBSPL) which has been renamed as Airtel Broadband Services Private Limited," an official source told PTI. More →
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Bharti Airtel’s founder-Chairman Sunil Mittal’s remuneration drops by 2 percent to Rs 23.8 crore

By on August 9, 2014 at 9:45 AM.

Bharti Airtel’s founder-Chairman Sunil Mittal’s remuneration drops by 2 percent to Rs 23.8 crore

The annual remuneration of telecom major Bharti Airtel's founder-Chairman Sunil Bharti Mittal dropped by about 45 lakh or 1.8 per cent to Rs 23.88 crore in last financial year. It was Rs 24.33 crore in the previous fiscal. More →
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Airtel raises over Rs 2,100 crore from stake sale in Bharti Infratel

By on August 8, 2014 at 8:57 AM.

Airtel raises over Rs 2,100 crore from stake sale in Bharti Infratel

Telecom major Bharti Airtel yesterday said it has raised over Rs 2,100 crore from its sale of 4.5 percent stake in Bharti Infratel and the share sale helps the mobile tower unit comply with SEBI's minimum public shareholding norms. More →
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