Airtel to mount ~ 2,000 towers in North-East with the financial investment of Rs1,610 cr from USOF

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Airtel to mount ~ 2,000 towers in North-East with the financial investment of Rs1,610 cr from USOF

Post by scarface » Mon Dec 11, 2017 9:29 am

Bharti Airtel has actually authorized an agreement with the telecommunications department as well as Universal Service Responsibility Fund (USOF) to offer mobile services in ~ 2,100 identified exposed towns as well as national highways in the North Eastern States of Assam, Manipur, Mizoram, Nagaland, Sikkim, Tripura and Arunachal Pradesh to improve connection over next 18 months, according to the media sources. Under this agreement, Airtel will certainly mount over 2,000 towers; it would certainly get Rs1,610 cr from USOF for the implementation of the task.

Currently, there are 43,200 villages in this area, of which ~ 21% of the villages are not linked to any mobile network. This task would certainly supply a massive increase to the telecommunications connectivity in these locations.

Bharti Airtel is a leading telecom player using varied telecommunications services, viz., wireless, fixed line, business and DTH services. Airtel is Indiaâ $ s largest mobile driver with 24% client market share and also 31% earnings market share. The business's revenue has expanded at 4.4% CAGR over FY13-17.

Bharti Airtel Ltd ended at Rs522, up by Rs8.65 or 1.69% from its previous closing of Rs513.35 on the BSE.


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