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Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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Bharti Airtel Annual report Suggests Good Days Will Come for Telecom Operator

India's second-largest mobile operator's net debt rose in the year ended March even as it managed to raise $8 billion. Bharti Airtel Ltd.'s net debt, according to its annual report for 2019-20, including lease obligations rose to Rs 1.18 lakh crore compared with nearly Rs 1.13 lakh crore a year ago. Excluding the obligations, its debt stood at Rs 88,251.2 crore.

The Sunil Bharti Mittal-founded company raised Rs 24,939 crore through a rights issue in 2019-20, concluded an initial public offering for its African arm by raising $674 million in net proceeds. That apart, it raised $1 billion through 5.65% subordinated perpetual securities through its subsidiary Network i2i Ltd. and raised $2 billion via qualified institutional placement and $1 billion in foreign currency convertible bonds in Jan this year.

The mobile operator changed its policy on the cost of customer acquisition during the year. The group, excluding Airtel Africa and its subsidiaries, has estimated historical average customer life at more than 12 months and based on the churn rate it has started deferring costs prospectively. The resultant financial impact led to an increase in profit before tax of Rs 1,213.2 crore in the last fiscal.

We hope the government will look into the urgent needs of the operators. Though the recent tariff increase has provided some cushion to the industry, we're still way below the levels to make the industry viable," Mittal was quoted as saying in the annual report. "The government must also look at rationalising levies on the sector and close longstanding legal disputes that are a big drag on the performance of operators."

Bharti Airtel expects an increase in cost structures ahead of revenues which may impact liquidity. "With the entry of a new operator, market pricing has been dampened putting pressure on margins and cash flows thereby leading to increased debt (leverage).

Debt levels, the company said, will continue to remain heightened as it will have to "increase investment in its network to ensure the quality of service continued spends on distribution and maintaining world-class customer service".

Investment In 5G

The company is collaborating with original equipment manufacturers and application developers and conceptualising 5G trials. It said proposed investments in the current networks will deliver best-in-class connectivity to Airtel consumers, laying a strong foundation for 5G services in the near future.

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Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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