Indian oil-to-telecom conglomerate Reliance Industries’s first-quarter consolidated profit jumped 28 percent Thursday, pumped up by higher margins from its core oil refining business, the group said, beating analyst estimates. Consolidated net profit for the three months through June rose to 91.08 billion rupees ($1.4 billion), up from 71.13 billion rupees a year earlier, said the … Read more
Two of Airtel Touching Lives awardees – Ms. Winifred Selby and Chef Elijah Amoo Addo, have recently been honoured by Queen Elizabeth II at the Young Leaders Awards. The duo was honoured by Queen Elizabeth II at the 2017 Queen’s Young Leaders Awards Ceremony at Buckingham Palace on June 29, 2017 in London, UK. The … Read more
Two of Airtel Touching Lives awardees – Ms Winifred Selby and Chef Elijah Amoo Addo, have recently been honoured by Queen Elizabeth II at the Young Leaders Awards. The duo was honoured by Queen Elizabeth II at the 2017 Queen’s Young Leaders Awards Ceremony at Buckingham Palace on June 29, 2017 in London, UK. The … Read more
Government has expressed its commitment to providing all communities in the country with reliable mobile networks. This comes on the heels of a six-month ultimatum to three telecommunication companies including Airtel to extend their services to Adaklu and its surrounding areas or face sanctions following complaints of poor connectivity by residents in the area. Speaking … Read more
Indian billionaire Anil Ambani insisted Friday that debt-saddled Reliance Communications had a bright future as he moved to reassure investors who are worried that the telecoms company is close to defaulting on loans. The 57-year-old tycoon, whose telecommunications business is being squeezed by his brother’s own mobile network venture, made a rare address to the … Read more
Mobile internet usage in India has increased ninefold in a single year, after the launch of a new operator sparked a telecoms price war, according to a new report. Indians used nearly 1.3 billion gigabytes of data in March 2017 compared with around 150 million in the same period last year, said the report, Internet … Read more
Airtel Ghana has reaffirmed its commitment and drive to demystify the study of Science, Technology, Engineering, and Mathematics (STEM) with a coding session to teach pupils of La Wireless Cluster of Schools and its environs the principles of coding and how they can be applied to help solve problems in the society. Airtel Ghana collaborated … Read more
MTN Ghana continues to occupy the top spot in mobile voice subscriptions for the period ending February 2017 recording in excess of 20.26 million subscribers representing an increase of more than two percent from January 2017’s figure of 19.8 million. The current total mobile subscribers of MTN’s represents a market share for the month under … Read more
Telecommunication companies Tigo and Airtel were the losers in February 2017 as the total number of voice subscribers for the company dropped marginally. Tigo’s voice subscriptions decreased from 5,257,424 as at the end of January 2017 to 5,160,279 as at the end of February 2017. This translated into a decrease of 1.85 per cent to … Read more
Airtel Ghana has reaffirmed its commitment and drive to demystify the study of Science, Technology, Engineering, and Mathematics (STEM) with a coding session to teach pupils of La Wireless Cluster of Schools and its environs the principles of coding and how they can be applied to help solve problems in the society. Airtel Ghana collaborated … Read more
Airtel Ghana, a leader in Corporate Social Responsibility and winner of the Bharti Changemaker Award, is stepping up efforts to empower and inspire final year students in tertiary institutions with the second edition of “Hello World Series” held at the of the School of Biomedical Engineering at the University of Ghana, Legon. The “Hello World … Read more
Airtel Ghana has been named ChangeMaker Company of the Year (Silver Honors) for Corporate Social Responsibility under the International category for Best Social impact and community initiative. This award was conferred under the prestigious Bharti ChangeMaker Awards 2017 by Bharti Foundation, the CSR arm of Bharti Group. The ChangeMaker Awards honors companies within the Bharti … Read more
Airtel Ghana has been named ChangeMaker Company of the Year (Silver Honors) for Corporate Social Responsibility under the International category for Best Social impact and community initiative. This award was conferred under the prestigious Bharti ChangeMaker Awards 2017 by Bharti Foundation, the CSR arm of Bharti Group. The ChangeMaker Awards honors companies within the Bharti … Read more
UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India’s third-largest network, to create the country’s largest operator. The combined company will have almost 400 million customers, accounting for 35% of the market share, the firms said in a statement. The announcement ends months of speculation over an impending deal. Analysts say … Read more
British mobile phone giant Vodafone will merge its Indian unit with Idea Cellular to create the country’s largest telecoms operator, the firms said on Monday. “Vodafone Group Plc and Idea Cellular today announced that they have reached an agreement to combine their operations in India,” they said in a statement to the Bombay Stock Exchange … Read more
Some players in the telecom industry are predicting the biggest telecom operator in the country, MTN, will be the most affected operator following the merger between Airtel and Tigo. Tigo and Airtel officially announced a merger early this month in what some analysts have said will push the company to the position of second biggest … Read more
Buyouts, mergers and quick exits — as India’s richest man shakes up the country’s ultra-competitive mobile market, telecommunications companies are scrambling to either consolidate or cut their losses and run. Norwegian multinational Telenor recently became the latest to quit India and analysts expect other brands will disappear as intense price wars sparked by tycoon Mukesh … Read more
Indian salt-to-steel conglomerate Tata said Tuesday it had reached agreement with NTT Docomo to pay the Japanese mobile carrier $1.18 billion to settle a long-running legal dispute. Docomo paid $2.6 billion for a 26.5 percent stake in Tata Teleservices in 2008 but triggered an option to sell it six years later after incurring losses and … Read more
Ghana’s total mobile data subscription at the end of December 2016 stood at 19.6 million. According to industry statistics released by the National Communications Authority (NCA) on its website, this brings the country’s mobile data penetration rate to 69.91 per cent in 2016 up from the 2015 figure of 65.74 per cent. The players in … Read more
Citi Business News has learnt telecom operators; Airtel and Tigo, have completed merger talks to make the two companies one entity in Ghana. The talks which commenced last year were finalized early this year-2017, with persons familiar with the move asserting, that an announcement on the completion will be made soon. It still remains unclear … Read more