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Bharti Airtel Plans To Raise Up To Rs 21,000 Crore Through Share Sale

Bharti Airtel Share Price: Bharti Airtel Gains After Acquiring 355 45 MHz Spectrum For Rs 18,699 Crore

Bharti Airtel Share Price: Shares last traded 1.25 per cent higher at Rs 538.95 on the BSE. Shares of Bharti Airtel gained around two per cent on Tuesday, March 2, after the communication service provider announced that it has acquired 355.45 MHz spectrum across Sub GHz, mid band, and 2300 MHz bands for a total amount of Rs 18,699 crores in the latest spectrum auction conducted by the government. Through the auction, Airtel has strengthened its mid band and capacity spectrum holdings that will help it provide better customer experience at the marginal capex. All of the spectrum will enable Airtel to deliver 5G services in the future. On Tuesday, Bharti Airtel opened on the BSE at Rs 542.95, touching an intraday high of Rs 543.95 and an intraday low of Rs 529.05, so far. 

Bharti Airtel Qualcom 5G Rollout News: Bharti Airtel, Qualcomm Tie Up To Provide 5G Services In India

Bharti Airtel, Qualcomm Tie Up To Provide 5G Services In India Telecom operator Bharti Airtel said on Tuesday it will collaborate with US chipmaker Qualcomm to roll out 5G services in India. Updated: February 23, 2021 1:06 pm IST Airtel said it will use Qualcomm s 5G RAN platforms to roll out virtualized and open 5G networks. Telecom operator Bharti Airtel said on Tuesday it will collaborate with US chipmaker Qualcomm to roll out 5G services in India. The country s second-largest telecom operator said it will use Qualcomm s 5G RAN platforms to roll out virtualized and open RAN-based 5G networks. The flexible and scalable architecture of O-RAN will create new opportunities for small and medium-sized businesses to become viable players in the deployment of 5G networks, Bharti Airtel said in a press release.

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