This comes following a top-level meeting to decide the successor of present company COO Ajai Puri who is set to retire at the end of December
According to German market and consumer data company, Statista, India with its vast youth population, growing smartphone penetration and 5G networks will see mobile gaming evolve into a $2.4 billion market opportunity. India's base of 436 million online gamers is expected to reach 510 million by 2022.
The capital raising would enable Airtel to enhance its market share and provide the wherewithal to make faster investments in a scenario India moves to a two-player market.
The company in February raised $1.25 bn through various debt instruments. For the April-June quarter, the co saw a net profit of Rs 284 crore
A three-judge bench led by Justice L Nageswara Rao allowed Bharti Airtel to go to the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) for relief over the issue
After the merger, Vodafone Idea went from being India's largest telecom provider with nearly 40 million users to the third largest with 26.8 million. If it declares bankruptcy, customers will rush to Jio, Airtel, or BSNL/MTNL.
The company is running a live 5G trial in Mumbai's Phoenix Mall in Lower Parel. A Nokia spokesperson has meanwhile, confirmed the development
Harish will be responsible for identifying and leveraging growth opportunities in emerging categories such as SMB segment, said Airtel.
Airtel chairman Sunil Mittal stressed that the telecom industry was under tremendous stress and hoped the government will ensure that India’s digital dream remains intact
The high propagation and reach of the 900 MHz spectrum will enable wider network availability and improved data speeds across urban and rural areas in the state