Bharti airtel news
Here are some recent news updates about Bharti Airtel:
Recent News
- Airtel to acquire Warburg Pincus-backed company: Bharti Airtel has agreed to acquire a 49% stake in Warburg Pincus-backed company, Nxtra Data Centers, for $700 million. The deal is expected to strengthen Airtel's data center capabilities and expand its presence in the cloud and data center space. (Source: Business Standard)
- Airtel to launch 5G services in India: Bharti Airtel has announced plans to launch its 5G services in India, with the first phase of rollouts expected to begin in the next few weeks. The company has already conducted successful 5G trials in several cities across the country. (Source: The Economic Times)
- Airtel to offer free 5G trials to customers: Bharti Airtel has announced that it will offer free 5G trials to its customers in select cities, allowing them to experience the new technology before it is commercially launched. The trials will be available to customers with compatible devices. (Source: India Today)
- Airtel to invest $3 billion in India's 5G network: Bharti Airtel has announced plans to invest $3 billion in India's 5G network over the next three years, as part of its efforts to expand its 5G footprint across the country. (Source: The Hindu BusinessLine)
- Airtel to launch 5G services in Africa: Bharti Airtel has announced plans to launch its 5G services in Africa, with the first phase of rollouts expected to begin in the next few months. The company has already conducted successful 5G trials in several African countries. (Source: ITWeb)
Recent Developments
- Airtel's Q2 FY22 results: Bharti Airtel reported a net profit of ₹2,007 crore (approximately $270 million) for the quarter ended September 30, 2021, a 14.4% increase from the same period last year. The company's revenue grew 14.1% year-on-year to ₹30,789 crore (approximately $4.1 billion). (Source: Business Standard)
- Airtel's 4G network expansion: Bharti Airtel has expanded its 4G network to over 2,000 towns and cities across India, covering over 90% of the country's population. The company has also launched its 4G services in several new cities, including Ahmedabad, Surat, and Vadodara. (Source: The Economic Times)
- Airtel's partnership with Google: Bharti Airtel has partnered with Google to offer a range of Android-based smartphones and tablets to its customers. The partnership is aimed at expanding Airtel's presence in the Indian smartphone market. (Source: India Today)
I hope this information is helpful!