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India telecoms: China is here to help
As India’s telecoms industry moves toward more advanced technology (and it is moving forward, despite the many hiccups the government seems to put in its way), local companies are getting more and more...
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Bharti Airtel probed
Shares of Bharti Airtel plunged as much as 5 per cent on Tuesday, when the law enforcement arm of the Indian finance ministry announced it was probing the largest local telecoms operator under the...
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Weak rupee: winners and losers
With the Indian rupee trading near the all-time lows of the last two weeks – it closed on Monday at Rs55.185/195 – it’s worth asking who will win and who will lose from a weak currency. India’s...
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2G auction: Delhi delays
Another day, another delay in the organisation of the upcoming 2G spectrum auction in India – a consequence of the corruption-plagued auction of 2008 that led to the jailing of the then-telecoms...
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Another disappointing quarter for Bharti Airtel
For a picture of the dire situation most Indian telcos find themselves in, look no further than Bharti Airtel’s quarterly results, released on Wednesday. Despite a customer base – the world’s...
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Scratching out Africa’s counterfeit medicines
Telling apart legitimate medicine from the fake is a big problem in many parts of the world, especially Africa. But as with many innovations in that area of the world, a simple text message may do the...
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Airtel to sell Sanlam insurance in Africa
India’s Bharti Airtel – the world’s fifth largest telecoms company by customer base – on Tuesday announced a tie-up with South African financial services group Sanlam to distribute insurance and...
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Chart of the week: mobile numbers start to add up for EMs
As mobile phones approach worldwide ubiquity, it’s easy to see that the countries with the biggest populations will have the most connections, with China and India in the lead. But which companies are...
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Telenor: the biggest bidder in Indian telecoms auction
Norway’s Telenor emerged on Wednesday as the biggest buyer in India’s controversial mobile telecom spectrum auction.Continue reading »
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Indian telecom: light at tunnel’s end?
On the face of it seems an unlikely question. But in the the aftermath of a bungled spectrum auction, and with India’s telecoms operators facing what could be their weakest quarterly revenue...
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Bharti Infratel IPO: is OK good enough?
India’s biggest initial public offering for two years has proved to be a modest success, with Bharti Infratel raising around $764m from the sale of 189m shares that closed on Friday. At Rs210 ($3.83) a...
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Bharti Airtel shares up on satellite stake sale report
Shares in Bharti Airtel jumped 1.5 per cent Rs 325 at Friday’s opening after reports in the local media that the fast-growing Indian telecoms group is considering selling off up to 25 per cent of its...
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Bharti Airtel: licence to roam (for now)
A little temporary relief in the Indian telecoms sector. Shares in Bharti Airtel picked up on Monday afternoon, correcting much of the morning’s loss, after Delhi’s High Court ruled that the Indian...
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Bharti Airtel ups presence in Uganda with Warid acquisition
Bharti Airtel, the world’s fourth largest mobile services provider by subscribers, announced on Tuesday that it is set to buy Warid Telecom Uganda, the Ugandan business of Abu Dhabi-based Warid...
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Indian telcos: BSNL cries foul
No-one likes the feeling of being ganged up on. State-owned Bharat Sanchar Nigam Ltd (BSNL) has filed an affidavit with the Supreme Court of India accusing Airtel, Idea Cellular and Vodafone of...
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India telecoms: early price skirmishes for data customers
You know that things are serious when companies are willing to engage in a price war. India’s telecoms companies have been pushing data services for a while in their marketing campaigns. But now they...
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India’s Airtel continues Africa push with deal in Congo
Airtel, India’s largest mobile operator by sales, is continuing its expansion into Africa. On Tuesday, it announced plans to acquire Warid Congo, making Airtel the largest telecoms provider in the...
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Bharti: building up a bond warchest, but for what?
Bharti Airtel, India’s largest mobile operator by sales, is looking to issue debt, possibly through a eurobond, according to India’s Economic Times. Although a bond issue isn’t officially announced...
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Bharti Airtel: growing, in parts
Are Bharti Airtel‘s latest set of results a disappointment, or not? It’s hard to say. Investors were initially cheered on Wednesday, sending the shares over Rs313 in early trading, but they are...
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Indian telecoms: sorely stretched
On a hot Tuesday afternoon Neha Arora, 32, stands outside an upmarket café in south Mumbai, struggling with two mobile handsets. She complains that her phone calls regularly cut out. “It’s a way of...
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