With the Apple Watch Series 3 LTE, users would be able to use their wearable as a standalone device for all their calls and data uses.
Appearing for Bharti Airtel, Senior Advocate P Chidambaram stated that the company had followed all the standards prescribed by the Advertising Standards Council of India and was not in contempt of the court.
"Our strategic investments in data capacities, innovative digital content through Airtel TV, customer friendly bundles and upgrade programs led to the highest ever mobile data customer additions of 15 million during the quarter".
Today, Senior Advocate Abhishek Manu Singhvi representing Reliance Jio, argued that the information had not been displayed as assured by Airtel.
Consolidated Ebitda fell 12% year-on-year to Rs7,034.1 crore in the quarter ended March, Airtel said. Y-o-Y de-growth primarily impacted by the mobile drop of 13.5 percent. Additionally, mobile data traffic grew to 1,616 billion MBs in the quarter. "We intend to continue the rollout momentum next year as well", Vittal added. The telecom major had posted a profit of Rs 373.40 crore in the corresponding quarter a year ago and Rs 305.80 crore in the sequential quarter ended December 31, 2017. The GPS model has been in the Indian market since past year with two further variants also available. It will be available for purchase, across all above mentioned outlets, starting May 11. Pricing pressure is evident from the fact that Airtel's data customer base rose 50% from a year earlier to 86 million users in India in the quarter.
For the year ended 31 March, consolidated revenue fell 9.8% to Rs83,688 crore, the company said, while profit fell 71% year on year to Rs1,099 crore.
It also informed the bourses that acquisition of Tigo Rwanda was consummated during the quarter.
Africa EBITDA margin at 35.9%, up 10.3% Y-o-Y.
Shares of BHARTI AIRTEL LTD. was last trading in BSE at Rs.403.65 as compared to the previous close of Rs. 400.75.
Bharti Infratel, the towers arm of Bharti Airtel, announced its annual results on Monday. Together with the interim dividend of Rs 2.84 per share, total dividend for the year comes to Rs 5.34 per share, Airtel said in a regulatory filing.