Dialog Axiata PLC (Dialog), Axiata Group Berhad (Axiata) and Bharti Airtel Limited (Bharti Airtel), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount…
Tag: bharti airtel
Bharti Airtel Chief Product Officer Adarsh Nair resigns
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•Bharti Airtel, a global communications solutions provider, announced the resignation of Adarsh Nair as Chief Product Officer of the company, with effect from February 15, 2024. According to the company’s exchange filing, “we wish to inform you that Mr. Adarsh Nair, Chief Product Officer of the Company has resigned and accordingly, ceases to be a…
Bharti Airtel announces resignation of Abbas A. Rangawala as Group Head – M&A and Business Development
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•Bharti Airtel Limited (Airtel), one of India’s leading telecommunications services providers, announced that Abbas A. Rangawala has resigned from the role of Group Head – M&A and Business Development, with effect from September 14, 2023. According to the company’s exchange filing, “we wish to inform you the change in senior management of the Company on…
Airtel Business announces changes to its leadership team
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•Bharti Airtel (Airtel), one of India’s leading telecommunications services providers, announced changes to its leadership team in Airtel Business. Ajay Chitkara, CEO Airtel Business, has decided to move on from Airtel. He will continue with the company until the third week of August 2023. Consequently, Airtel Business will operate as three business and channel segments…
Bharti Airtel re-appoints Kimsuka Narasimhan as Independent Director
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•Telecom major Bharti Airtel announced the re-appointment of Kimsuka Narasimhan as Independent Director on the company’s Board for a further period of five years, with effect from March 30, 2024. According to the company’s exchange filing, “we wish to inform you that on the recommendation of HR & Nomination Committee, the Board of Directors of…
Bharti Airtel appoints Naval Seth as Head of Investor Relations
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•Bharti Airtel (Airtel), a communications solutions provider, announced the appointment of Naval Seth as the Head of Investor Relations. In this role, Naval will spearhead Airtel’s representation amongst investors, lenders, equity partners, & financial institutions and will report to Soumen Ray, Chief Financial Officer. Welcoming Naval to the role, Soumen Ray, Chief Financial Officer, Bharti…
Airtel acquires strategic stake in Bengaluru-based startup Lemnisk
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•Telecom major, Bharti Airtel (Airtel), announced that it has acquired a strategic stake in Lemnisk (Immensitas Private Limited) under Airtel’s Start Up Accelerator Program. The deal is subject to all applicable statutory approvals. Lemnisk is a Bengaluru based Start Up that offers Real-Time Marketing Automation and secure Customer Data Platform (CDP) capable of orchestrating 1-to-1…
Airtel and Meta collaborate to accelerate India’s digital ecosystem
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•Bharti Airtel (Airtel), India’s premier digital communications solutions provider, and Meta Platforms, Inc. (Meta) announced a collaboration to support the growth of India’s digital ecosystem. Airtel and Meta will jointly invest in global connectivity infrastructure and CPaaS based new-age digital solutions to support the emerging requirements of customers and enterprises in India. Foundational connectivity infrastructure…
Airtel and IBM join hands to bring secured edge cloud services to Indian enterprises
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•IBM and Bharti Airtel, a communications solutions provider in India with more than 358 million subscribers, announced their intent to work together to deploy Airtel’s edge computing platform in India, which will include 120 network data centers across 20 cities. Once deployed, the platform is designed to enable large enterprises across multiple industries including manufacturing and automotive to…
Airtel announces appointment of new independent directors on its Board
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•Bharti Airtel (Airtel), a communications solutions provider in India, announced the appointment of PK Sinha and Shyamal Mukherjee as Independent Directors on its Board of Directors. PK Sinha, IAS (Retd.), served as the Cabinet Secretary for more than 4 years before moving tJ the Prime Minister’s Office. He retired from there in March 2021 after…
Airtel and Tech Mahindra announce partnership to grow India’s digital economy
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•Bharti Airtel (Airtel), India’s premier communications solutions provider, and Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, announced a strategic partnership to build and market innovative solutions for India’s digital economy by bringing together their core strengths. Airtel and Tech Mahindra will co-develop and market 5G use cases…
Bharti Airtel’s subsidiary Nxtra Data acquires stake in Avaada KNShorapur
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•Nxtra Data Limited, a subsidiary of Bharti Airtel, announced it has acquired 11.334% equity stake in Avaada KNShorapur, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under electricity laws. According to the exchange filing, “we wish to…
Airtel appoints Varun Singla as SVP, CISO
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•Telecom major Airtel has roped in Varun Singla as SVP & Chief Information Security Officer (CISO) of the company. He will be reporting to Pradipt Kapoor, Chief Information Officer (CIO), Airtel. In this new role, Singla will be driving next-generation cyber security initiatives and contributing to the ongoing innovation and business growth at Airtel. As…
Vodafone to sell partial stake In Indus Towers Ltd
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•Vodafone Group Plc (Vodafone) holds 757.8 million shares in Indus Towers Limited (Indus), equivalent to a 28.1% shareholding. 190.7 million of these shares, equivalent to a 7.1% shareholding, are currently pledged to Indus as part of the security arrangements entered into between Vodafone and Indus (the Security Arrangements) at the time of the merger of…
Airtel joins SEA-ME-WE-6 undersea cable consortium
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•Bharti Airtel (Airtel), India’s premier communications solutions provider, said that it has joined the SEA-ME-WE-6 undersea cable consortium to scale up its high speed global network capacity to serve India’s fast growing digital economy. The 19,200 Rkm SEA-ME-WE-6 will connect Singapore and France, and will be amongst the largest undersea cable systems globally, a statement…