Mumbai: The Competition Commission of India (CCI) has approved Bharti Airtel’s acquisition of an additional 20% stake in its direct-to-home (DTH) arm Bharti Telemedia from an affiliate of New York-headquartered private equity firm Warburg Pincus, people with knowledge of the matter told ET. The competition watchdog is expected to publish a detailed public order on …
Airtel has important message for its subscribers planning to visit Ram Mandir in Ayodhya. As the city of Ayodhya prepares to celebrate the consecration of Ram Mandir on January 22, 2024, Airtel, in a statement said, that the company has enhanced its Network infrastructure to cover all important locations including airport, railway station, bus stands, …
Airtel Africa has announced the retirement of its Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from July 1, 2024. The company also announced the appointment of Sunil Taldar as Managing Director and Chief Executive Officer to succeed Ogunsanya on his retirement. Taldar joined Airtel Africa in October 2023 as Director – Transformation and will …
The four pay direct-to-home (DTH) service providers added 250,000 customers to their total base in the April-June quarter, reversing the trend of declining subscribers. According to the performance indicator report of the Telecom Regulatory Authority of India (TRAI), the total active subscriber base of the four pay DTH operators – Tata Play, Dish TV, Airtel …
Blackstone, the world’s largest private equity firm, has initiated discussions with the Walt Disney Co to evaluate buying the media giant’s India streaming and television business, said people aware of the matter. The senior India leadership of both companies have held multiple meetings in recent weeks. Blackstone is exploring either buying the business partially — …
Jio discontinued Rs 119 prepaid recharge plan To recall, Jio’s Rs 119 prepaid plan offered unlimited voice calling, 1.5GB of daily data, and 100 SMS per day. This pack has a validity of 14 days and there were no other benefits. Besides Jio, Airtel also discontinued its base Rs 99 recharge pack earlier this year …