News Broadcasting
Bharti launches 3G services in Seychelles
MUMBAI: Bharti has become the first Indian telecom service provider to launch 3G services. Telecom Seychelles, a subsidiary of Bharti Global, has launched 3G operations in Seychelles.
The company, which has been providing telecom services in Seychelles since 1998 under the Airtel brand, has made significant investments for rolling out state-of-the-art 3G services. Telecom Seychelles is also the first telecom operator to launch 3G services in the island nation.
Bharti Enterprises chairman and group MD Sunil Bharti Mittal says, “This is a proud moment for Bharti and the Indian telecom industry. This launch demonstrates that Indian telecom industry is ready to introduce world-class 3G services. Our 3G operations in Seychelles will provide us with valuable experience, which will be extremely beneficial for rollout of our 3G services in India.”
Customers in Seychelles will get access to a host of 3G services on the Airtel network. High speed web navigation – both on mobile through WAP and on laptop through Airtel 3G data card, Video calls – see and talk to each other on 3G handsets that have two cameras, sending and receiving large MMS messages are some of the many benefits customer will get.
A programme was initiated to upgrade the existing Airtel network in Seychelles. The upgrade included commissioning of Ericsson’s new MSC/Media gateway/BSC/RNC /IN and new 3G Node B’s. All existing RBS 200 base stations with the latest 2206 BTSs have been enabled with EDGE to give the island nation a robust and futuristic telecom infrastructure.
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
