Synopsis
Mukesh Ambani-led Jio gained 4.26 million wireless subscribers against Airtel’s 3.73 million, according to latest subscriber data collated by the Telecom Regulatory Authority of India (Trai) released Tuesday.
Reuters
Reliance Jio added more mobile phone users than Bharti
Airtel in February 2021, bucking a trend of losing to the Sunil Mittal-led telco for six straight months, while Vodafone Idea added users for the first time in 15 months, according to the telecom regulator’s data.
Mukesh Ambani-led Jio gained 4.26 million wireless subscribers against Airtel’s 3.73 million, according to latest subscriber data collated by the Telecom Regulatory Authority of India (Trai) released Tuesday. Analysts say Jio’s user additions signalled strong consumer uptake for the telecom market leader’s recent offers on its 4G feature phone – JioPhone – and improved channel management.
“We are delighted to appoint (Segun) Ogunsanya as the (Airtel Africa) Group s next CEO. He has displayed significant drive and energy in turning around the Nigeria business by focusing on network modernisation, distribution, and operational efficiency,” Bharti Enterprises chairman Sunil Mittal said in a media statement.
Airtel has had many near-death experiences: Sunil Mittal indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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NEW DELHI: The country’s oldest private telecom operator Bharti Airtel wants to focus on digital opportunities and unlock value from new age assets such as music, cloud, payments platform, and content.
Taking a leaf out of bigger rival Reliance Jio’s playbook, the Sunil Mittal-led company is undertaking a major restructuring that will see it place all digital assets into the listed entity Bharti Airtel. These include assets such as Wynk Music, Airtel X stream, Airtel Thanks, Mitra Payments platform, Airtel Ads, and Airtel Cloud, apart from any such future product.
While doing so, it will carve out core telecom assets under this listed entity through four separate verticals mobile, broadband and enterprise as Airtel Ltd, payments bank, infrastructure (data centres & towers), and international (which will house African operations, submarine cable and Bangladesh, Sri Lankan operations). It also plans to get the DTH business into Airtel Ltd.
›Bharti Airtel OKs merger of Nettle, Airtel Digital, Telesonic Networks with itself; demerges telecom into new unit Airtel
Bharti Airtel OKs merger of Nettle, Airtel Digital, Telesonic Networks with itself; demerges telecom into new unit Airtel
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Bharti Airtel OKs merger of Nettle, Airtel Digital, Telesonic Networks with itself; demerges telecom into new unit AirtelBy
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Synopsis
Bharti Airtel’s board on Wednesday approved the amalgamation of wholly-owned arms, Nettle Infrastructure Investments Ltd, Airtel Digital Ltd and Telesonic Networks Ltd with and into the Sunil Mittal-led parent company.
Agencies
Bharti Airtel’s board on Wednesday approved the amalgamation of wholly-owned arms, Nettle Infrastructure Investments Ltd, Airtel Digital Ltd and Telesonic Networks Ltd with and into the Sunil Mittal-led parent company. The board also cleared the demerger of the company’s telecom business, and vesting the same with a new wholly-owned arm, Airtel Ltd, on a goi