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Bharti Airtel: Airtel looks at $1-billion fundraise in move to repay spectrum dues, ET Telecom

Bharti Airtel: Refinancing of high-cost spectrum debt will help Airtel save on annual interest costs, fortify its balance sheet, and boost cash flows even as it rapidly expands 5G coverage and looks to offer the next-gen mobile broadband services nationally in a few months, people aware of the matter said.
Soumen Ray Bharti Airtel Mittal Led Bharti Airtel Bharti Airtel Sunil Mittal Airtel Fundraise

airtel: Airtel won't buy 700 MHz in next auction, will only target spectrum expiring in 2024: Top executive

Bharti Airtel has stated that it will not purchase expensive 700 MHz spectrum in the next 5G spectrum sale. Instead, the company will focus on acquiring small chunks of spectrum in markets where its current holdings are expiring. Airtel plans to repurpose its mid-band airwaves for 5G services once a larger percentage of smart devices become 5G-enabled. The companys management also emphasized the need for tariffs to increase in order to raise average revenue per user (ARPU), and expressed hope of...
Soumen Ray Bharti Airtel Gopal Vittal Department Of Telecommunications Do Bofa Securities Sunil Mittal Led

Bharti Airtel: Airtel won't buy 700 MHz in next auction, will only target spectrum expiring in 2024, ET Telecom

The company added that it will refarm its mid-band airwaves (read: 1800 MHz and 2100 MHz) once 25-30% smart devices in circulation become 5G-enabled from around 10-12% now, according to BofA Securities, which participated at SingTel’s analyst day event that hosted Bharti Airtel CEO Gopal Vittal and CFO Soumen Ray.
West Bengal Bharti Airtel Soumen Ray Gopal Vittal Department Of Telecommunications Do Bofa Securities

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China's bold approach in the Middle East — here's a closer look at this aggressive engagement

After concluding his two-day official visit to France, PM Modi will make a stopover at Abu Dhabi to meet Sheikh Mohamed bin Zayed Al Nahyan, President of UAE and the Ruler of Abu Dhabi. The PM's visit in the gulf is expected to help bolster India's bilateral ties with the United Arab Emirates (UAE). In this context, it is interesting to look at China's emerging role in the Middle East's political economy, which is essential to its own interests. Here, Amb. Soumen Ray, former ...
United States United Arab Emirates Saudi Arabia Al Wustáu Red Sea Djibouti General

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