Member companies selected 26 board members for 2023-24 which include senior executives from mobile operators
Number of towers may be increased to 10K per week by Jan
Reliance Jio is most likely to lead the hikes as it is now focussing on profitability and aims to launch an IPO in next couple of years
Apple Inc made the commitment at a meeting of key mobile device makers called by the DoT on Wednesday
Equity benchmarks surrendered early gains to close with losses on Wednesday, snapping their four-day winning streak as investors pared exposure to telecom, realty and tech stocks amid a mixed trend in global markets. Investors were also cautious ahead of the US Federal Reserve's meeting on interest rates, while a depreciating rupee further weighed on sentiment, traders said. After a positive beginning, the 30-share BSE Sensex failed to hold on to the gains and ended 215.26 points or 0.35 per cent lower at 60,906.09. During the day, it slipped 326.96 points or 0.53 per cent to 60,794.39. Similarly, the broader NSE Nifty fell 62.55 points or 0.34 per cent to settle at 18,082.85. Bharti Airtel was the top gainer among the Sensex constituents, spurting 3.05 per cent, followed by Maruti, Hindustan Unilever, Infosys, HCL Technologies, IndusInd Bank and Titan. On the other hand, Sun Pharma, ITC, Tech Mahindra, Dr Reddy's and Reliance Industries were among the gainers. "With the Federal
As of August, Airtel had the second largest overall mobile phone user base at 363.8 million
New Vi Max postpaid plan offers users more data and SMSes per month, apart from travel discounts, airport lounge access, and priority customer service; comes into effect on Wednesday
Telecom operator Bharti Airtel on Wednesday said it has surpassed 1 million customers on 5G network within 30 days of its commercial launch even while the network is being built. Earlier, Airtel had announced phase wise roll-out of its 5G services in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi. The services in these cities are getting rolled out in a phased manner as the company continues to construct its network and complete the roll-out, according to Airtel. "Bharti Airtel...today announced that it has crossed the 1 million unique 5G user mark on its network. The company achieved this milestone in less than 30 days of its commercial launch even as the network is being built," the company said in a statement. Randeep Sekhon, Chief Technology Officer of Bharti Airtel, said these are early days but the response from customers have been "very encouraging". "Our network is being built every day even as all 5G devices are now capable of working on the .
Apple Inc made the commitment at a meeting of key mobile device makers called by the DoT on Wednesday
All 5G enabled smartphones, except Apple's iPhones, will start supporting Airtel 5G services by the middle of this month, a senior Bharti Airtel official said. During the company's earnings call, Bharti Airtel Managing Director and Chief Executive Officer Gopal Vittal said Apple will release the software update in the first week of November and all of its devices should support the company's 5G services by mid-December. Airtel is providing 5G services at 4G rates but it is likely to take call on the pricing of the next generation services in the next 6-9 months, he added. "Samsung... I think there are 27 models of 5G. 16 models are already ready and enabled. Rest will happen by November 10-12. OnePlus all 17 models will work on our network. Vivo all 34 models, Realme all 34 models will work on our network. Xiaomi's all 33 models and Oppo all 14 models will work. Apple has 13 models. They will have (software update) release around the first week of November and by mid-December they .
Here's how leading brokerages have interpreted Bharti Airtel's September 2022 quarter (Q2FY23) numbers
Decision on differential 5G pricing may be taken after 6-9 months: Vittal
MARKET WRAP: Pharma, power and IT stocks were the major gainers in trade on Tuesday, while index heavyweight Reliance Industries and select banking shares ended on a tepid note.
Stocks to Watch today: Bharti Airtel's (Airtel's) consolidated net profit jumped 89% year-on-year (YoY) to Rs 2,145 crore in the second quarter (Q2) of 2022-23, led by strong revenue growth
The firm is currently carrying out beta trials of the 5G service in eight cities nationwide, has now seen eight consecutive profitable quarters
Airtel CEO Gopal Vittal said the company is now rolling out 5G and exuded confidence that Airtel 5G Plus will deliver the best experience in India
Srinath joined Tata Administrative Services in 1986 and led different Tata Companies in the ICT sector
CLOSING BELL: The Financial Services, IT, Pharma, Auto, and Consumer Durable indices gained over 1 per cent each, while others added up to 1 per cent
Telecom Q2 preview: Bharti Airtel is expected to add around 2 million overall subscribers this quarter, taking the tally to 329 million
The latest data from the Telecom Regulatory Authority of India (Trai) showed Reliance Jio at 28.31% market share in wireline subscribers, ahead of BSNL at 27.46% and Bharti Airtel at 23.86%