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Sunil Mittal recounts a 2018 assurance from PM Modi that helped Airtel ‘survive’

Sunil Mittal recalled how Airtel struggled in 2018 owing to Reliance Jio's free services and telecom regulations.

Sunil Bharti Mittal, chairman of Bharti Enterprises Ltd., attends the India Mobile Congress 2022 in New Delhi.(Bloomberg)
Published on May 30, 2024 02:00 PM IST

Starlink to be ‘formidable competition’ for Airtel-backed OneWeb: Sunil Mittal

The Bharti Airtel chairman also revealed that OneWeb is waiting for the government's final approval to launch satellite-based broadband services in the country.

Chairman of Bharti Airtel Sunil Mittal. (HT file photo)
Published on Feb 27, 2024 09:10 AM IST
By, New Delhi

'Can't wait to return': Apple CEO Tim Cook on last day of India visit

"What an incredible week in India! Thanks to our teams across the country. I can't wait to return," Tim Cook tweeted.

Apple has over 100 APR stores in India.(AFP)
Updated on Apr 22, 2023 03:59 AM IST
PTI |

‘We were forced to catch up’: Sunil Mittal's praise for Mukesh Ambani

“He gave a lot of pace to 4G, and we had to run very fast to catch up,” the Airtel chief said in presence of his Reliance counterpart.

Sunil Bharti Mittal, chairman of Bharti Enterprises Ltd., attends the India Mobile Congress 2022 in New Delhi, India, on Saturday, Oct. 1, 2022. (Bloomberg)
Published on Oct 02, 2022 02:45 PM IST
By, New Delhi

5G spectrum auction begins. Reliance Jio, Adani among bidders for airwaves

5G spectrum auction: The bidding process is underway and go on till 6 pm. The telecom department is expecting anywhere between ₹70,000 crores to ₹1 lakh crore from the auctions.

The 5G spectrum auction will begin today. 
Updated on Jul 26, 2022 10:20 AM IST
By | Edited by

Mukesh Ambani, Sunil Mittal differ on 5G rollout timeline

Ambani, who controls India’s largest telecom service provider Reliance Jio Infocomm Ltd, said his company is ready to offer fifth-generation wireless service by the second half of 2021.

Ambani said India requires policy developments for early rollout of 5G services and added that Reliance Jio has built an indigenous 5G solution and will lead the rollout in India.(Reuters file photo)
Updated on Dec 09, 2020 04:45 AM IST
Livemint, New Delhi | ByIshita Guha

Vi poised to lose users as it moves to hike tariffs

Vodafone Idea’s chief executive, Ravinder Takkar, in October had said the telco will not shy away from raising prices and will set a precedent for others to follow. This, even as it continues to lose millions of wireless customers every month

According to Telecom Regulatory Authority of India data, Vodafone Idea lost 1.2 million wireless subscribers in August, shedding customers for the tenth straight month(Mint)
Updated on Nov 24, 2020 07:49 AM IST
Livemint, New Delhi | ByIshita Guha

Tariff hike needed as pricing ‘unsustainable’, market condition to drive decision: Bharti Airtel’s Sunil Mittal

On the issue of whether or not Chinese telecom equipment vendors will be allowed to participate in next-generation 5G networks, Mittal said the larger question is that of the nation’s decision and asserted “what the country decides will be accepted by everyone”.

Chairman of Bharti Airtel Sunil Mittal.(HT file photo)
Updated on Nov 23, 2020 06:03 AM IST
Delhi | ByPress Trust of India | Posted by Shivani Kumar

‘OneWeb to spur rural connectivity’

Bharti Global, the overseas arm of Bharti Enterprises, and the UK government invested USD 1 billion in new equity in OneWeb, which has 650 low-Earth orbit satellites.

Mittal’s comments come amid the Centre’s push to enhance broadband connectivity in both urban and rural areas(Mint)
Published on Nov 21, 2020 03:46 AM IST
Livemint, New Delhi | ByIshita Guha

Tariff hikes key for long-term growth of telecom sector: Birla

Birla’s statement is on the same lines as that of Bharti Airtel chairman Sunil Mittal, who wrote to shareholders that India still has some of the lowest data tariffs globally and the industry is barely able to cover the cost of capital.

Kumar Mangalam Birla.(Mint)
Updated on Sep 08, 2020 03:50 AM IST
Livemint, Mumbai | ByRomita Majumdar

Life in the time of coronavirus

Schools are closing. People are working from home. Travel plans are being cancelled and meetings - professional and personal - are being put on hold. As COVID-19 pushes us to a life of social seclusion, a look at what this lifestyle change means for us

Home is where the world is for most people now, even though their hearts may long to step out.(HT IMAGING/ANAND SINHA)
Updated on Mar 19, 2020 07:57 PM IST
Hindustan Times | ByPoulomi Banerjee and Natasha Rego

Malavika’s Mumbaistan: Power-packed reception

It was a gathering of the country’s rich, famous and powerful, which had gathered on Saturday evening to celebrate the nuptials of Ruia heir Rewant and his bride Karishma Choraria

Karishma and Rewant Ruia at the reception on Saturday.
Updated on Mar 02, 2020 12:56 AM IST
Hindustan Times | ByMalavika’s Mumbaistan: Power-packed reception

Govt responds to SOS from telecom companies, looks at 3 options to help them

This position — that the dues as measured by a proportion of adjusted gross revenues or AGR be paid — was one upheld by the Supreme Court’s October 2019 verdict that ordered telcos to pay up Rs 1.47 lakh crore.

DoT last week asked all telecom companies to repay AGR dues immediately as per the October 24, 2019 verdict of the Supreme Court.(REUTERS)
Updated on Feb 21, 2020 11:08 AM IST
Hindustan Times, New Delhi | ByRajeev Jayaswal

‘Unprecedented crisis’: Airtel’s Sunil Mittal meets telecom minister on AGR dues

Mittal further said the industry is heavily taxed and suggested cut in taxes and levies for sector. He said Airtel has time till March 17 to make balance payments, adding that the company will pay its dues “much before that”.

Mittal said Airtel is committed to complying with the Supreme Court order on adjusted gross revenue (AGR) dues.(Bloomberg File Photo)
Updated on Feb 20, 2020 08:13 PM IST
Hindustan Times, New Delhi | ByHT Correspondent

Court asks CBI why Rakesh Asthana was not put to polygraph test

CBI special Judge Sanjeev Aggarwal also directed that the first Investigating Officer of the case, Ajay Kumar Bassi, to be present during the next hearing on February 28 to explain the case diary.

A Central Bureau of Investigation (CBI) special court in Delhi on Wednesday hauled up the agency for not conducting a lie detector or psychological test on its former special director Rakesh Asthana(Arun Sharma/HT PHOTO)
Updated on Feb 20, 2020 04:10 AM IST
Hindustan Times, New Delhi | By

Amid SC order on Telecom dues, Airtel and Vodafone chiefs meet Finance Minister

The meeting comes a day after Birla met telecom secretary Anshu Prakash.Vodafone encashment of bank guarantee would leave it with no option but to shut

Kumar Mangalam Birla, Vodafone Idea chairman.(Mint Archive)
Updated on Feb 19, 2020 10:19 PM IST
Livemint, New Delhi | ByDhirendra Tripathi

No proof linking bribe with Sana’s middleman: CBI to court

Sana has claimed to have delivered the money to Sunil Mittal, father-in-law of Dubai-based Someshwar Srivastava, also known as Somesh Prasad in the CBI case.

Central Bureau of Investigation (CBI)(PTI file photo)
Updated on Feb 13, 2020 03:42 AM IST
Hindustan Times, New Delhi | ByNeeraj Chauhan

Sunil Mittal looking to pump $1 billion in son-in-law’s hotel chain business

Sunil Mittal’s investment would fund acquisitions by son-in-law Sharan Pasricha’s Ennismore, a developer that owns the Gleneagles resort and Hoxton hotel chain, which is expanding in the US and Europe

Sunil Bharti Mittal, chairman of Bharti Group(Pradeep Gaur/Mint)
Updated on May 28, 2018 12:09 PM IST
Bloomberg | ByBhuma Shrivastava and George Smith Alexander

Sunil Mittal’s Bharti Infratel tower deal tells Ambani he’s no walkover

Sunil Bharti Mittal is making his intention clear: He wants to monetize his real estate to invest in the battle against Reliance Jio Infocomm Ltd.

To withstand Ambani’s triple play of carriage, content and commerce, Sunil Mittal (pictured here) will need to offer customers more than free Netflix.(Pradeep Gaur/Mint)
Updated on Apr 26, 2018 04:48 PM IST
Bloomberg | ByAndy Mukherjee

Mukesh Ambani and Sunil Mittal building $6 billion war chest in India’s telecom tussle

The fundraising amount -- about 78% of the total outstanding bonds of India’s top four telecom firms -- signal that Airtel and its rival Jio are looking at about ₹320 billion of debt due in the next five years.

Mittal-controlled Bharti Airtel Ltd., which sold its first-ever rupee bond of <span class='webrupee'>₹</span>30 billion last month, has approval to raise <span class='webrupee'>₹</span>165 billion, according to a March 12 filing.(Anindito Mukherjee/Bloomberg)
Updated on Apr 04, 2018 12:40 PM IST
Bloomberg | ByBhuma Shrivastava and Divya Patil, Bloomberg
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