BHARTI AIRTEL

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• Bharti Hexacom Q4FY24 net profit up 10% on-yr

  Bharti Hexacom’s revenues for the quarter ended March, in turn, rose, 8% on-year to Rs 1868 crore, helped by improved realisations as well as strong 4G/5G customer additions during the year.

  

• Bharti Airtel Q4FY24 net profit fell 31% on-year amid Africa forex woes

  Airtel’s India revenue rose 13% from the year earlier, to Rs 28,512.8 crore, boosted by strong 4G and 5G user additions and data consumption growth. Net profit before exceptional items was Rs 2,461.6 crore. India mobile revenue, which contributes around 78% to the total, grew 2% sequentially and 13% from the year earlier in the fiscal fourth quarter to Rs 22,065.7 crore.

  

• Your phone bill could rise by up to 25% post election

  Jio reported an ARPU of Rs 181.7 for the quarter to March, while the numbers for Bharti Airtel and Vodafone Idea (Vi) were Rs 208 and Rs 145 respectively for the October-December 2023 period. Bharti Airtel and Vi have yet to report the March quarter numbers.

  

• Soon-to-be unfair trade practice, telemarketing & fraudulent calls to incur criminal liability

  The Department of Consumer Affairs officials last week discussed the proposed guidelines at a meeting with officials of the Department of Telecommunications (DoT) and Telecom Regulatory Authority of India (Trai), as well as executives from Reliance Jio, Bharti Airtel, Vodafone Idea, Bharat Sanchar Nigam (BSNL) and industry association COAI.

  

• Bharti Airtel Q4 Preview: Revenue likely to jump 8% YoY on higher ARPU, subscriber base

  In Q4FY23, Bharti Airtel had reported a consolidated PAT of Rs 3,005 crore attributable to the owners of the company. If the non-controlling interest is added to it, the PAT for the period becomes Rs 4,226 crore. The revenue from operations for the quarter was reported at Rs 36,009 crore.

  

• Vodafone Idea cash Ebitda seen growing 32% CAGR during FY24-28

  The analysts, however, cautioned that Vi would need to give about Rs 22,000 crore of bank guarantees (BGs) to the government on completion of payment moratorium on regulatory payouts in September 2025, which would again sharply increase the telco’s bank exposure in coming years. Over the past two years, Vi had managed to sharply cut bank debt to Rs 4,500 crore currently.

  

• French Capgemini says to optimise telco investments, help capture enterprise revenue

  Arora said the company’s specialist engineers work in labs to create end-to-end fifth-generation (5G)-driven solutions that telcos can offer to enterprises for their digital transformation.

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• Bharti Airtel, Google Cloud ink long-term pact to accelerate Cloud, GenAI adoption in India

  The two companies will combine their connectivity and artificial intelligence (AI) technology strengths to develop industry-leading AI/ML solutions that Airtel will train on its large data set, Airtel and Google Cloud said.

  

• Reliance Jio and Airtel's net worth surges ahead of 5G auction; Vodafone Idea struggles

  Reliance Jio and Bharti Airtel's net worth has seen significant improvements since the last spectrum auction in August 2022, while Vodafone Idea's negative net worth has widened. The upcoming auction on June 6 will see the three telecom players competing for Rs 96,317.65 crore worth of 5G airwaves. Reliance Jio's net worth as of March 31, 2023, was Rs 2,15,992 crore, Airtel's net worth rose to Rs 86,260 crore by December 31, 2023, and Vodafone Idea's net worth registered a negative of Rs 1,16,886 crore.

  

• Airtel Africa Q4 net loss at $91 mln on forex woes

  Revenue for the quarter ended March 2024 fell 17% year-on-year, and 16.6% sequentially, to $1.11 billion due to the impact of currency devaluation, particularly in Nigeria.

  

• Telecom data centres prepare to take the heat of summer months

  A senior Nxtra Data executive told ET: "We've engineered our data centres to withstand high temperatures and also designed overall HVAC (heating, ventilation and air-conditioning) systems to function optimally within ambient temperatures ranging from 48 to 50 degrees Celsius."