Indus Towers Limited announces its consolidated results for the QE June 30, 2021
Indus Towers Limited has announced its audited consolidated results for the first quarter ended...
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Airtel Africa reports net profit of $142 million during Q1 FY 22
Airtel Africa has reported a net profit of $142 million in the first quarter (Q1) FY 22. Company’s Q1’22 reported revenue grew by 30.7 per cent to $1,112 million, with constant currency growth of 33.1 per cent. Further,...
Read MoreRoute Mobile Limited announces Q1 FY22 results
Route Mobile Limited has announced its financial results for the first quarter ended (QE) June 30, 2021. Company’s revenue from operations stood at Rs 3,775 million as against Rs 3,096 million in Q1FY21. Further, profit...
Read MoreVodafone and Aditya Birla Group may dilute their stakes in Vi as telco eyes fundraising
According to industry reports, Vodafone Group Plc and Aditya Birla Group may dilute their stakes...
Read MoreJio Platforms reports consolidated net profit of Rs 36.51 billion during Q1 FY22
Jio Platforms Limited (JPL) has announced its financial results for Q1 FY22. The company has...
Read MoreSTL announces financial results for the first quarter ended June 30, 2021
STL has announced financial results for the first quarter ended June 30, 2021. The company recorded a strong cumulative order book of over Rs 112 billion and revenue of Rs 13.09 billion, backed by solid technology solutions and...
Read MorePolycab India Limited announces results for the QE June 30, 2021
Polycab India Limited has announced its consolidated results for the first quarter ended (QE) June 30, 2021. Company’s revenue grew 93 per cent YoY to Rs 18,805 million. Meanwhile, PBT grew 151 per cent YoY to Rs 982 million in...
Read MoreTejas Networks reports PAT of Rs 76 million during QE June 2021
Tejas Networks has reported its financial results for the first quarter ended June 30, 2021. For Q1-FY22, consolidated net revenue was Rs 1,443 million, which was a YoY increase of 86.4 per cent, resulting in a profit before...
Read MoreBrookfield acquires Space Teleinfra for over Rs 9 billion in cash-cum-units deal
Brookfield-sponsored Tower Infrastructure Trust (Tower InvIT) has acquired Space Teleinfra Private...
Read MoreDish and AT&T sign multi-year wireless network deal worth around $5 billion
Dish Network Corp has signed a multi-year deal worth at least $5 billion to make AT&T Inc the primary network services partner for its wireless customers. As a part of the ten-year agreement, AT&T will provide voice,...
Read MoreWeb Werks to invest Rs 7.5 billion to set up data centre in Bengaluru
Web Werks has signed an MoU with the Government of Karnataka to set up a data center in Bangalore. Web Werks will be investing Rs 7.5 billion in the project which will be fully operational in 2 years. This data center in...
Read MoreBSNL’s consolidated net loss narrows to Rs 74.41 billion in FY 2021
Bharat Sanchar Nigam Limited (BSNL) has narrowed its consolidated loss to Rs 74.41 billion in the...
Read MoreEnea acquires mobile networks’ security solutions provider, AdaptiveMobile Security
Enea has signed an agreement to acquire AdaptiveMobile Security Ltd, a leading provider of security solutions for mobile networks. The enterprise value of AdaptiveMobile Security amounts to approximately EUR 45 million on a cash...
Read MoreEricsson reports growth of 8 per cent in organic sales during second quarter of 2021
Ericsson has announced financial results for the second quarter of 2021. The organic sales for the company grew by 8 per cent in spite of a decrease of SEK -2.5 billion in Mainland China, as well as a decline of SEK -0.5 billion...
Read MoreNSE’s IT subsidiary acquires majority stake in Cloudxchange.io
The National Stock Exchange’s subsidiary focused on IT services, NSEIT Limited, has acquired a majority stake in Cloudxchange.io, a startup that provides cloud services. However, the financial details of the deal have not been...
Read MoreVodafone Idea continues to explore fund raising opportunities
According to Vodafone Idea Limited, (Vi) it continues to explore fund raising opportunities and will inform the regulators once proposal to raise Rs 250 billion is considered by its board. In its recent regulatory filing, Vi...
Read MoreHFCL posts net profit of Rs 906.9 million during the quarter ended June 2021
HFCL has announced its financial results for the quarter ended (QE) June 2021. The company’s...
Read MoreRCOM insolvency process will go inoperative if DoT terminates its telecom licence, says RP to NCLT
Deloitte, the resolution professional (RP) for Reliance Communications (RCOM) has reportedly told...
Read MoreMicron Technology reports results for Q3 FY 2021
Micron Technology Inc. has announced results for the third quarter of fiscal 2021. The company’s revenue stood at $7.42 billion, compared to $6.24 billion during the prior quarter and $5.44 billion for the same period last year....
Read MoreVodafone Idea’s loss widens to Rs 70.22 billion during the quarter ended March 2021
Vodafone Idea Limited (Vi) has announced the financial results for the quarter ended (QE) March...
Read MoreBharti to invest an additional $500 million in OneWeb
OneWeb has secured further fund-raising on the anniversary of the successful bid by UK Government and Bharti Global (Bharti) to purchase OneWeb from US Chapter 11 to bring its total funding to $2.4 billion. OneWeb has completed...
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