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Telecom Sector

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The combined pending amount to be settled by September exceeds Rs 2,400 crore.

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On a year-on-year basis, the adjusted gross revenue observed a notable increase of 9.5 % compared to the corresponding period of the previous year

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In the reporting quarter, the company recorded an EBITDA of Rs 4,157 crore.

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The Airtel IQ Reach platform enables a brand/business to define the reach of the messaging.

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The company further stated that the aforementioned installments carried a 10% interest rate.

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As a result, the telco will operate in three business and channel segments.

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The company has acquired the said stake for a consideration of Rs 1.34 crore.

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In the first phase, 60,000 Matter bikes will be outfitted with Airtel E- Sims equipped with advanced IOT features.

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ABG and Vodafone Group will make investment in the fresh equity of the company to the tune of Rs 2,000 crore.

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Shares of state-owned telco Mahanagar Telephone Nigam Limited (MTNL) surged about 12%.

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