Telecom
Bharti Airtel Q4 net falls 78% to Rs82.9 cr
25 Apr 2018
Despite the fall in overall net profit, Bharti Airtel saw a manifold increase in earnings from its Africa operations where it reported a net profit of Rs698.7 crore for the quarter ended March 2018 against Rs26.3 crore a year ago
US cracks down on Chinese tech firm ZTE, UK issues warning
18 Apr 2018
While the UK’s cyber-security watchdog has warned telecommunications companies against dealing with ZTE, citing “potential risks” to national security, the US has barred its firms from selling components to ZTE
Vodafone-Idea merger will mean axe for at least 5,000 staff: report
16 Apr 2018
Both companies are making losses amid huge revenue pressure and a combined debt of some Rs1,20,000 crore, and have been advised by the nodal team handling the merger to shed at least 5,000 employees in the next couple of months, save on costs, eliminate duplication, improve efficiency
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