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The country's private telecom operators face twin challenges on investment recovery in the New Year customers leaving their network after tariff hikes and satellite players mainly Elon Musk's Starlink eyeing a chunk of their bread and butter data business. Private operators have invested around Rs 70,000 crore in telecom infrastructure and radiowave assets this year to expand the coverage of next-generation 5G services which is one of the main highlights of 2024 for the sector. To recover investments and protect margins, private telcos resorted to tariff hikes in mid-year but that move backfired. Around 2 crore subscribers dropped their connections. Reliance Jio, Bharti Airtel and Vodafone Idea jointly lost 2.6 crore customers due to a 10-26 per cent price hike. Around 68 customers switched to state-run player BSNL which refrained from price hike. The loss-making PSU still offers generation-old 3G service and is on the path of rolling out 4G network across the country. Despite ..
Airtel Business, the B2B arm of telecom major Bharti Airtel, has inked a pact with Italy-based global operator Sparkle to enhance connectivity between Asia and Europe. As part of the partnership, Airtel will take capacity from Sparkle on the Blue-Raman Submarine Cable Systems, which will connect India to Italy. Under Sparkle's Blue-Raman cable system, Blue is deployed across Italy, France, Greece and Israel, while Raman connects Jordan, Saudi Arabia, Djibouti, Oman and India. "With this additional capacity, Airtel will further diversify its global network across multiple international submarine cable systems to serve the growing demand for data services in India and neighbouring countries," a company statement said. The partnership will also work on the development of new business opportunities and projects in the Indian sub-continent, leveraging Airtel and Sparkle's respective cable infrastructures, the statement said. Airtel Business Global Business CEO Vani Venkatesh said the .