Airtel ups stake in Qualcomm’s four 4G entities to 51% from 49%

Airtel on Thursday said it increased its stake in Qualcomm AP’s four 4G entities to 51 percent from the earlier 49 percent.

The telecom giant did not disclose the financial details.

Qualcomm, in 2010, acquired broadband wireless access (BWA) spectrum in these circles and sold to Airtel in 2012.

All four entities — which hold BWA licenses in Delhi, Mumbai, Haryana and Kerala — are now subsidiaries of Bharti Airtel.

editor@telecomlead.com

Latest

More like this
Related

Who’s Benedicte Schilbred Fasmer, the new CEO of Telenor?

Benedicte Schilbred Fasmer is the new CEO (Chief Executive...

MTN reveals investment plans for Open RAN solutions

MTN Group, Africa’s largest telecommunications operator, has announced its...

Ookla explains why MTN’s mobile network performance in Nigeria is better

Ookla analysts have found that MTN’s mobile network performance...

Vodafone Idea achieves “100 towers every hour” network expansion

Indian telecom operator Vodafone Idea (Vi) has celebrated the...