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1 min read
Airtel Africa reports $151 million loss in Q1 2023-24
Revenue in constant currency terms grew 20.4 per cent year-on-year to USD 1,377 million in the …
PTI
3 mins read
Airtel posts 54% rise in net profit to ₹2,442 crore in Q3
Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to Rs 2,442.2 crore in…
PTI
1 min read
Airtel Africa gets $200 million investment from Rise Fund at a valuation of $2.65 billion – to list its mobile money unit in four years
Sunil Mittal-owned Airtel Africa, which offers telecommunications and mobile money services, has ra…
2 mins read
Airtel Africa posts double-digit revenue growth and 82% surge in net profit on the back strong cost control and increased usage levels
Constant currency underlying revenue grew 23.3 per cent for the year and 19.1 per cent in Q4. …
5 mins read
Brokerages remain bullish on Bharti Airtel post Q4 results
Brokerages continue to be bullish on Bharti Airtel’s prospects a day after India’s second-largest t…
4 mins read
The Indian rich is buying property in Dubai – Tax benefits to rental yields, the driving forces at play
After the COVID pandemic got over, the real estate market has been going from strength to strength …
9 mins read
Alicia Vikander says she never really got used to Jude Law's 'repulsive' smell as King Henry VIII in 'Firebrand' — but they still had a blast reuniting on set
"Firebrand" stars Jude Law as Henry VIII and Alicia Vikander as Katherine Parr. They spoke to BI ab…
Caralynn Matassa
5 mins read
With the onset of funding winter, founders are now better behaved, says Mukul Gulati of Zephyr Peacock
With the go-go days of funding behind us, private equity players say that founders are no longer be…
1 min read
Airtel Africa to sell Tanzania's tower portfolio to SBA Communications Corporation and Paradigm Infrastructure for $175 million
Airtel Africa on Wednesday announced the sale of the tower portfolio belonging to Airtel Tanzania t…
4 mins read
Airtel’s Africa unit is now a nearly-billion dollar business where every user pays 40% more than the one in India
The rate of subscriber addition in Africa has increased from 1.9 million at the March 2019 t…
2 mins read
Bharti Airtel’s cash flows will grow for 2 years after 5G spectrum purchases too: Moody’s
Rating agency Moody’s Investors Service upgraded Bharti Airtel’s rating to Baa3 along with changing…
1 min read
Airtel Africa Q2 net profit slumps 9% amid coronavirus woes
The company's revenue for the period under review was $965 million compared with $844 million ea…
1 min read
Bharti Airtel reports 12.6% increase in revenue, ARPU up by 6.5%
In the same quarter of the previous fiscal, the consolidated net profit of the company stood at …
2 mins read
Expect to spend planned USD 650-700 mn capex in FY21: Airtel Africa
In management discussion and analysis of Q4 and FY20 earnings, Airtel Africa said that a detailed …
PTI
5 mins read
Gautam Adani’s renewable energy firm now bigger than HDFC, Bajaj Finance, and Bharti Airtel
Gautam Adani’s renewable energy firm, Adani Green Energy, has stolen the investor limelight with it…
2 mins read
Chick-fil-A is making another attempt to crack the international market with a $1 billion investment
This isn't the first time Chick-fil-A has tried an international expansion. In the past, its intern…
Nancy Luna
7 mins read
How Airtel’s AdTech platform is planning to deliver on the promise of ‘zero ad frauds’ to its clients
Bharti Airtel’s Chief Product Officer shares how Indian advertising industry can minimise its risin…
2 mins read
Airtel Africa Q4 profit dips 13%; says mid-term opportunity unchanged, despite rising volatility
The company, in a statement, however emphasised that it is entering "this period of increased volat…
PTI
4 mins read
A Black couple who retired early says there's a 'Black tax' on common wealth-building strategies
Julien and Kiersten Saunders say there's a "Black tax" in the FIRE movement that ignores individual…
Leo Aquino
3 mins read
Social bonds are on the rise, but issuers and investors are still learning the merits of this new-age debt instrument
Interest in social bonds is growing, like IFC's investment in sub-Saharan Africa's first-ever gende…