Airtel to invest Rs 20,000 crore this year: Sunil Mittal

Sunil Mittal at India Mobile Congress 2017
Bharti Airtel Chairman Sunil Mittal today announced that Airtel will be investing Rs 18,000 crore – Rs 20,000 crore this year.

Sunil Mittal made this announcement at the India Mobile Congress (IMC) 2017 in the presence of Reliance Jio Chairman Mukesh Ambani.

Mukesh Ambani did not make any announcement related to investment. Reliance Jio has grabbed nearly 130 million 4G subscribers on its all-India 4G network. Reliance Jio has made an investment of $20 billion plus to launch its 4G network in India.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Cellular IoT Module Shipments to Reach 976 mn by 2030 as LoRa and LPWA Markets Accelerate: Berg Insight

The global market for cellular Internet of Things (IoT)...

TRAI Drive Test: Jio Leads Mobile Network Performance Between Gorakhpur and Lucknow, BSNL Faces Coverage and Call Quality Challenges

India’s telecom operators delivered mixed performance in the latest...

Bharti Airtel Shareholders Back Airtel Africa Stake Consolidation, Boosting Ownership to Nearly 79%

Bharti Airtel has secured overwhelming shareholder approval for its...