SCAT BUSINESS

BHARTI BIDS FOR ROBI INDIA TELECOM WANT GST reported Bharti WAIVER continuous International India’s growth through (Singapore) telecom operational Pte Ltd, a operators want efficiencies and subsidiary the goods and strict control on of Bharti services tax to expenses across Airtel, has be levied on all metrics. SITI’s acquired actual payments Operating Japanese received from EBITDA for FY20 surged by 1.2x to telco, NTT customers – and Rs.3,538 Mn by efficiently leveraging DoCoMo’s not on invoices existing operating resources. 6.3% stake raised – so that they don’t have to SITI’s Operating EBITDA for in Robi pay GST on delayed payments or Q4FY20 also jumped 2.5% to Rs. 861 Axiata for an undisclosed sum in an defaults, which are on the rise due to Mn year on year. Q4FY20 also saw all-cash deal, increasing its stake in the Covid-19 outbreak. further consolidation in SITI’s Bangladesh’s second-largest mobile The operators, including Operating EBITDA Margins which carrier to 31.3%. Reliance Infocomm, Vodafone grew 1.02X to 21.6% on y-o-y basis. Robi Axiata is a subsidiary of Idea and , are seeking the Subscription Revenue for Axiata Investments (Labuan) Ltd, change for the 18% GST levied on Q4FY20 grew 25.3% y-o-y to Rs. 2,842 which, in turn, is a unit of Malaysian telecom services for a six-month Mn. For FY20 too, Subscription telecom carrier, Axiata Group Berhad. period. Revenue surged 21.3% to Rs.11,567 Axiata has a controlling 68.7% stake in Experts said the problem of Mn. Total Revenue (excluding the telco. rising defaults is causing financial activation) for Q4FY20 surged ~23% Back in 2016, Bharti Airtel and stress in telecom companies, given the y-o-y to Rs. 4,128 Mn. FY20 Total Robi Axiata had announced plans to tough economic conditions after the Revenue (excluding activation) also merge operations in Bangladesh. nationwide lockdown was imposed in jumped 15.3% over FY19 to Rs.16,354 The latest deal comes on the March. Mn. SITI Broadband continued its heels of Bharti Telecom, the promoter Many customers have focus on providing the best company of Bharti Airtel, raising Rs defaulted or postponed bill payments technology to its customers by 8,433 crore ($1.15 billion) last month due to job losses, salary cuts, business launching a composite FTTX based by selling a 2.75% stake in the telco closures and also a general breakdown network architecture which would to a clutch of global investors such in corporate payment cycles. make enable customer premises with as Blackrock, Seganti Capital, Norges the best of online and linear content. Bank and Key Square Capital, SITI SEES HIGH EBITDA Implementation of this composite besides local fund houses such as Limited , an model wills benefit both SITI Networks HDFC Mutual Fund and SBI Mutual Company, one of India’s and SITI Broadband, while providing Fund. largest Multi-System Operators IOT based services to customers. 

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