Showing posts with label Bharti Airtel. Show all posts
Showing posts with label Bharti Airtel. Show all posts

Friday, 19 August 2011

Bharti Unit to begin selling Android Tablet in India

The development comes a week later after India’s second largest mobile services company Reliance Communications Ltd., launched a $ 286 7-inch Android tablet to take advantage of the expected demand for low cost computing devices in the world’s fastest growing and second largest mobile phone market. 

The tablet will allow consumers to make calls from any SIM card, regardless of service provider, which can be a big draw for consumers to choose a tablet via mobile phone. “The tablet is the SIM card-agnostic. 


We are open to tie-up with other providers,” company President and Chief Executive Officer Vinod Sawhny said after revealing a total offer of Airtel. Phone services companies such as Bharti Airtel Ltd. – India’s largest mobile phone company by users – Reliance Communications and Idea Cellular Ltd. expects increased use of computers to help increase sales and margins in a market where fierce competition has kept the call rates of less than one U.S. cent per minute. 

Telecommunications and Internet service providers paid more than $ 22.7 billion for the Indian government in 2010 for the bandwidth to provide 3G telephony and broadband wireless internet. 10. August launched Samsung Electronics Co. Ltd. a 10.1-inch and 8.9-inch tablets in India for $ 799 and $ 750 respectively. Apple Inc. sold its iPad 2 in India at prices starting at $ 499 for 16 gigabytes WiFi-only device, while Research In Motion Ltd. is selling its 7-inch Playbook in India for $ 617 Nearly 1.5 crore mobile phones are sold in India every month, about 10 percent of them are smart phones. 

“Sales of smart phones is gradually increasing, and it will have an impact on the sale of tablets as well,” Mr. Sawhny added.
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Monday, 25 July 2011

Bharti Airtel Raises Its Mobile Call Rates

Bharti Airtel
India Telecom shares rose as much as 16 percent of the teams on Monday, after Bharti Airtel raised a number of telephone charges, a move that could mark a turning point in the market, where mobile call rates are among the cheapest in the world.
India's mobile market is among the world's fastest growing major economy in the number of subscribers, but strong competition is ignited by the price war in the past three years, which has squeezed margins for operators.

Bharti said the price increase, which is India's leading mobile operator, has reported five straight quarterly decline in net profit, has been seen as an important step to revive the fortunes of the industry, analysts said.

"We see an increase in the tariff market leader Bharti as a fundamental change in the sector is taking our concerns about commodity prices lift the industry," said telecommunications analyst at Religare.

It is expected that the example of Bharti's main competitors in the coming weeks.
"We believe that such an increase is sustainable and expects Bharti to replicate the trend for all categories of products within the next few months, and circles. In addition, we expect the competition to follow. It turns out that the process has already begun," says Rajiv Sharma, telecoms analyst at HSBC.

Bharti is a move was welcomed by investors, who went on a spree to buy telecom shares on Monday, pushing up the whole sector.

Shares of Reliance Communications, the second largest operator by subscribers, and the flagship company of Anil Ambani business empire, rose 14.9 percent, having increased from 16 percent in early trading on the Bombay Stock Exchange. In the meantime, rose 5.37 per cent of Bharti and Idea Cellular, the fourth largest carrier, rose 7 percent. Vodafone is not listed in India.

More than 850m subscribers in May of the Indian companies have historically focused on expanding the user base to increase profit. Since 2009, cut illegal companies prices to a record low level in the second half paisa - 100 paisa is the rupiah, or just over 100 percent of the U.S. - the subscriber number has grown 46 percent, but revenues have risen only 13 percent.

But because of customer growth has slowed over the past quarter, companies are forced to change strategy to keep revenues growing, analysts said.

"The decline of the decline in subscriber additions and subscriber net addition of new players to emphasize that the game has changed to increase the share of wallet, clocking in subscriber numbers," says Sharma is HSBC.

India's six largest operators paid between $ 1.8 and $ 2.6 in 2010 to win the third-generation mobile phone spectrum, as they had hoped to offer more value and high revenue-generating applications. But analysts believe India will be several years before the 3G market will generate significant revenues to increase their overall margins.
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Wednesday, 13 July 2011

Bharti Mobile Phone Tower Eyes $1 Bln IPO - FT

Bharti Airtel

India's largest cellular carrier Bharti Airtel is considering raising up to $ 1 billion initial public offering (IPO) of its cell phone tower arm Bharti Infratel, according to Financial Times on Wednesday.

The group is understood to keep early talks with bankers about a list that saw the participation of Bharti Infratel unit towers valued at as much as $ 10 billion, said the FT.

FT, referring to the process of their loved ones, also said that the talks are understood to be a very early stage. Banks Morgan Stanley and Standard Chartered are among those conducting the negotiations, added the newspaper.
Bharti Airtel
Eighth July, Reuters reported that Bharti Infratel is planning an IPO of at least $ 500 million is expected to file to adjust the paper in September or October.

Bharti Infratel, which has more than 30,000 cell phone towers, and then 42 percent participation in Indus Towers, the world's leading telecommunications tower company has more than 110,000 towers.

Bharti Airtel and banks are not available for immediate comment.
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