Airtel will utilize the Qualcomm 5G RAN Platforms to roll-out virtualized and Open RAN-based 5G networks in India.In addition, Airtel and Qualcomm Technologies will collaborate to enable a wide array of use cases, including 5G Fixed Wireless Access (FWA) that is designed to deliver broadband connectivity at Gigabit speeds to homes and businesses. This collaboration also aims to allow a faster rollout of broadband services in a cost effective and expeditious manner across India for "last mile" connectivity challenges.
For customers, the ultra-fast and low latency of 5G will unlock limitless possibilities - gigabit size file downloads in seconds and 4K video streaming on the go across smartphones and computing devices, lmmersive Technologies such as Virtual Reality and SMART Homes with connected things.
Randeep Sekhon, CTO, Bharti Airtel said, "Airtel has been a pioneer of new technologies and our networks are fully ready for 5G. We are delighted to have Qualcomm Technologies as a key technology provider in our journey to roll-out world-class 5G in India. With Airtel's integrated service portfolio and Qualcomm Technologies' 5G leadership, we will be well placed to usher India into the next era of hyper-fast and ultra-low latency digital connectivity."
Rajen Vagadia, Vice President, QUALCOMM India Private Limited and President, Qualcomm India said, "There is a compelling case to accelerate the roll-out of 5G networks in India, as it will help fast-track the country's socio-economic growth and development. We are pleased to be working with Airtel, and we are excited by the opportunity ahead. This collaboration is expected to play a critical role in Airtel's plans to add 5G network coverage and capacity where and when it is needed the most."
Bharti Airtel is a global telecommunications company with operations in 18 countries across South Asia and Africa.
On a consolidated basis, the telecom major reported a net profit of Rs 853.60 crore in Q3 FY21 as against net loss of Rs 1035.30 crore in Q3 FY20. Net sales during the quarter increased by 20.8% year-on-year (YoY) to Rs 26517.80 crore.
The Bharti Airtel scrip was up 0.35% to Rs 572.70 on the BSE. It traded in the range of 567.80 and 577 so far during the day.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)