DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Bola Tinubu - 1 Lewis Joly - 1 Tinubu - 1 Ajuri Ngelale - 1 Ngelale - 1 India's Bharti - 1 Joe Biden - 1 Felix Onuah - 1
Top related locs:
Nigeria Paris France Rights ABUJA India West African Brazil South Korea
Top related orgs:
Thomson - 2 New Global Financial - 1 Rights - 1 Jindal Steel - 1 Power Company - 1 India's - 1 India's Bharti Airtel - 1 U.S - 1

Search resuls for: "India's Bharti Airtel"


3 mentions found


☆ Nigeria's Tinubu to attend G20 summit in India to promote investment
  + stars: | 2023-09-01 | by ( Felix Onuah | ) www.reuters.com   time to read: +2 min
Bola Tinubu, President of Nigeria, arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23, 2023 in Paris, France. Lewis Joly/Pool via REUTERS/File Photo Acquire Licensing RightsABUJA, Sept 1 (Reuters) - Nigeria's President Bola Tinubu plans to attend the G20 summit in India this month to try to promote foreign investment in Africa's largest economy and mobilize global capital to develop infrastructure, his spokesman said on Friday. The summit in India will hold on Sept 9 and 10. Ngelale said Tinubu will meet leaders from Brazil, India, South Korea and Germany on the sidelines of the G20. Tinubu also plans to meet Indian executives, including Jindal Steel and Power Company, among others, Ngelale said.
Persons: Bola Tinubu, Lewis Joly, Tinubu, Ajuri Ngelale, Ngelale, India's Bharti, Joe Biden, Felix Onuah, Chijioke Ohuocha, Cynthia Osterman Organizations: New Global Financial, Rights, Jindal Steel, Power Company, India's, India's Bharti Airtel, U.S, United Nations General Assembly, Thomson Locations: Nigeria, Paris, France, Rights ABUJA, India, West African, Brazil, South Korea, Germany, Africa, New York
☆ SingTel Q1 profit slumps 23% on unfavourable currency move, high costs
  + stars: | 2023-08-20 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Edgar Su/File Photo Acquire Licensing RightsAug 21 (Reuters) - Singapore Telecommunications (STEL.SI) reported on Monday a 23% decline in first-quarter net profit, citing the one-off impact at Bharti Airtel (BRTI.NS) in Nigeria as the naira depreciated sharply against the U.S. dollar, as well as high costs. Singapore Telecommunications (SingTel), Southeast Asia's largest telecoms company, owns an effective 29.5% stake in India's Bharti Airtel. SingTel said in a statement net profit for the quarter ended June 30 was S$483 million ($355.91 million), compared with S$628 million a year earlier. On an underlying basis, net profit for the quarter gained 14.5% to S$571 million. SingTel also recorded a 2.7% decline in its first-quarter operating revenue to S$3.49 billion, hurt by currency exchange headwinds and competition.
Persons: Edgar Su, SingTel, Yuen Kuan, Sameer Manekar, Upasana Singh, Muralikumar Organizations: REUTERS, Singapore Telecommunications, Bharti Airtel, U.S ., Optus, Thomson Locations: Singapore, Nigeria, Nigerian, Australia, Bengaluru
☆ Nokia, Ericsson slump as patent fights hit margins
  + stars: | 2022-10-20 | by ( Supantha Mukherjee Stine Jacobsen | Supantha Mukherjee | Stine Jacobsen | ) www.reuters.com   time to read: +4 min
While the revenue of both companies beat expectations thanks to the rollout of 5G, delayed royalty payments meant their core profit missed analysts' expectations. Shares in Ericsson slumped 12% and were the worst performers in the STOXX 600 (.STOXX) while Nokia shares fell almost 5% to be among the worst. Companies such as Ericsson charge $2.50 to $5 for every 5G handset they sell and come under pressure when negotiating new contracts. Ericsson's quarterly royalty revenue fell 1.1 billion Swedish crowns ($98.24 million) as it battled companies such as Apple (AAPL.O) over patents. Nokia's patent revenue was down by 62 million euros ($60.67 million), mainly due to a dispute with Oppo and Vivo.
0 next >>
Total: 3