Stocks to Watch: KFin Technologies to debut on the bourses today. The stock is likely to list on a tepid note.
Fewer people upgrading to 5G handsets, says top executive
Telecom operator Bharti Airtel has plans to invest Rs 27,000-28,000 crore in telecom network with a focus on 5G rollout, a company official said on Wednesday. While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so. "Airtel capex will be in line with that spent in the last three years. It may go up and down because of the faster rollout of 5G-- around Rs 27,000-28,000 crore. We may see an upsurge in one year and gradually moderate around the same level," the official, who did not wish to be named, told PTI. The company earlier had an annual average capex in the range of Rs 24,000-25,000 crore. The official said that capex is being largely spent on radios (mobile antennas), fibre, broadband, enterprise technology data centres etc. According to data shared by the telecom ministry, Bharti Airtel has rolled out 3,293 base stations for 5G till .
Airtel 5G Plus services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout
Stocks to Watch: Shares of restaurant and travel related firms are likely to be in foucs as government ups the ante to keep the new variant of Coivd-19 virus at bay.
CLOSING BELL: The Pharma index advanced over 2 per cent today as diagnostics and healthcare firms climbed amid rising Covid-19 cases globally
Stocks to Watch Today: Dabur India promoters, the Burman family, sold 1 per cent stake in the company through a block deal on Tuesday.
The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction 'buy' for Jefferies with a price target of Rs 100
Operators have taken up conflicting positions on the need to create common AI terminology standards before leveraging the new-age technology in the telecom industry
Airtel cites difference in tech after govt presents data in Rajya Sabha
Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans
The number of mobile users has fallen twice in the past eight months now, latest fall concentrated in urban India
CLOSING BELL: The 30-pack index had dropped over 900 points intra-day to hit a low of 61,715.61, while the 50-pack index hit a low of 18,388
Stocks to watch today: M&M will invest Rs 10,000 crore to set up an electric vehicle (EV) manufacturing facility in Pune; Bharti Airtel launched 5G Plus services at no-extra cost in Lucknow
Telecom operator Bharti Airtel on Wednesday announced the launch of its cutting-edge 5G services here. Airtel 5G Plus services will be available to customers in a phased manner as the company continues to construct its network and complete the rollout. Customers with 5G-enabled devices will enjoy a high-speed Airtel 5G Plus network at no extra cost until the rollout is more widespread, according to a press statement. "Currently operational at Gomti Nagar, Hazratganj, Aliganj, Aishbagh, Rajajipuram, Aminabad, Jankipuram, Alambagh and Vikas Nagar and a few other select locations, Airtel will augment its network making its services available across the city in due course of time," said Sovan Mukherjee, CEO, Bharti Airtel, Uttar Pradesh. Airtel customers can now experience ultrafast networks and enjoy speed up to 20-30 times faster than the current 4G speeds, he added. "The upgraded network will allow superfast access to high definition video streaming, gaming, instant uploading of pho
The Airtel World Pass international roaming plans offer significantly higher value in terms of data and voice benefits, Airtel said in a statement
World's longest subsea cable system aims to provide faster internet to almost 3 billion people
This, they feel, could happen under direct allocation of spectrum by the govt
In a studied contrarian move, the Ronnie Screwvala-led edtech company is on a hectic expansion spree
Stocks to Watch: Inox Green Energy Services will make its debut on the bourses today. The issue price has been fixed at Rs 65 per share