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Airtel
Bharti Airtel on Monday said it has deployed more than 4,300 new 5G sites across eastern Uttar Pradesh in the last 12 months, boosting its network presence in the region. The large-scale network expansion was undertaken across 48 districts of the UP East circle, covering 34 million people across urban centres, growth towns and remote rural villages. By adding an average of 12 new sites every day, Airtel has accelerated the rollout of high-speed connectivity, ensuring customers experience consistent performance for work, education, entertainment and digital payments, the company said in a statement. Customers in Lucknow, Kanpur, Varanasi, Prayagraj, Gorakhpur, Ayodhya, Jhansi and several other districts will directly benefit from this enhanced network footprint. The expanded coverage will enable seamless access to high-speed 5G services, supporting the everyday digital needs of citizens, students, micro entrepreneurs, enterprises and government institutions across urban and rural ...
The combined market valuation of six of the top-10 most valued firms declined by Rs 64,734.46 crore in a holiday-shortened last week, with Bharti Airtel taking the biggest hit, reflecting the broader weakness in the equities market. Last week, the BSE benchmark Sensex declined 263.67 points, or 0.35 per cent, and the NSE Nifty fell 106.5 points, or 0.46 per cent. "Markets ended lower for the sixth consecutive week, declining by nearly half a per cent, reflecting heightened volatility driven by a mix of global and domestic uncertainties. "The holiday-shortened week began on a weak note as escalating US-Iran tensions and a sharp rise in crude oil prices weighed on sentiment, triggering broad-based selling pressure," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. However, markets staged a mid-week recovery supported by easing geopolitical concerns and softer oil prices, he added. "Despite this rebound, volatility remained elevated due to fluctuating global cues, continued ..
Finnish telecom company Nokia has partnered with Bharti Airtel to make network capabilities available to third-party developers for building new technology solutions and open up new monetization opportunities. Following successful trials, Airtel's network APIs (Application Programming Interface) will be available on a subscription basis to an established ecosystem of developers, system integrators and enterprises using Nokia's Network as Code platform, Nokia said in a statement. "We are happy to partner with Nokia today for network APIs and enable the ecosystem to leverage our network capabilities for automation and building secure and innovative digital services" Airtel Business CEO Sharat Sinha said. The collaboration will enable the developer community to seamlessly build advanced solutions leveraging the Airtel network's robust capabilities such as Al, 5G, edge computing and more. "This strategic partnership will provide developers and enterprises alike access to Airtel's ...
S&P Global Ratings has raised Bharti Airtel's ratings to 'BBB' on expectations that the telco's earnings growth will remain robust over the next 24 months fuelled by Indian operations, subscriber adds and user revenue lift. The outlook for the Indian operations stems from expectations of 2 per cent to 4 per cent of annual subscriber additions and average revenue per user (ARPU) growth of 6 per cent to 8 per cent in the same period, a fall out of upgrades to higher-priced plans and higher data consumption. S&P Global Ratings has raised its long-term issuer credit ratings on Bharti Airtel to 'BBB' from 'BBB-'. "At the same time, we raised our ratings on the senior unsecured debt the company issued or guarantees to 'BBB' from 'BBB-', and the ratings on its subordinated perpetual securities to 'BB+' from 'BB'," it said. The positive outlook reflects S&P Global Ratings' view that Bharti Airtel's continued deleveraging, and a correspondingly supportive leverage tolerance, could .
Bharti Airtel plans to set up two new multizone regions for Airtel Cloud in Mumbai and Chennai, in collaboration with US IT company IBM, the telecom operator said on Wednesday. Bharti Airtel has signed a strategic partnership with IBM to augment its recently launched Airtel Cloud to jointly provide enterprise solutions. Bharti Airtel Vice Chairman and Managing Director Gopal Vittal said the company is extending the footprint of Airtel Cloud availability zones in India from four to ten, comprising next-gen sustainable data centres. Today, with the IBM partnership, we are adding substantial capabilities to our Cloud platform to address the unique needs of several industries that require migration from IBM Power Systems and allow for AI readiness. We will, together, also establish two new Multizone Regions (MZRs) in Mumbai and Chennai soon, Vittal said. The multizone region for cloud services entails setting up several physical independent datacentres in a geographic location. The ..
