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Bharti Airtel rings loud on entering into strategic collaboration with China Mobile

Bharti Airtel Ltd. | Telecommunication - Service Provider | Telecom | BSE: 532454 | NSE: BHARTIARTL

04 Mar 2015 Evaluate

Bharti Airtel is currently trading at Rs. 353.60, up by 4.65 points or 1.33% from its previous closing of Rs. 348.95 on the BSE.

The scrip opened at Rs. 350.00 and has touched a high and low of Rs. 353.80 and Rs. 350.00 respectively. So far 37997 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 419.90 on 19-Sep-2014 and a 52 week low of Rs. 282.30 on 05-Mar-2014.

Last one week high and low of the scrip stood at Rs. 362.70 and Rs. 344.10 respectively. The current market cap of the company is Rs. 140528.60 crore.

The promoters holding in the company stood at 65.37% while Institutions and Non-Institutions held 24.95% and 9.67% respectively.

Bharti Airtel, India’s largest telecom services provider, has entered into a strategic collaboration with China Mobile under which the two companies will work towards the growth of the LTE ecosystem and evolving mobile technology standards. Airtel and China Mobile will also work towards shaping up a joint strategy for procurement of devices that include Mifi, smart phones, data cards, LTE CPEs and USIM.

The strategic collaboration aims to bring together the largest mobile operators from the world’s two largest mobile markets - China and India. China Mobile and Airtel are also among the founding members of the Global TD-LTE initiative.

With both China and India on the cusp of large scale roll-out of high speed 4G data services, China Mobile and Airtel plan to share relevant network as well as product knowledge (specifically for new technologies like 4G), best practices and technical learnings to enable delivery of world-class affordable services to customers.

Airtel and China Mobile will also work together for development of relevant technical standards and interoperability testing. Additionally, as founders of Global TD-LTE Initiative (GTI), China Mobile and Airtel will cooperate on standards and products development, and promoting a robust ecosystem to accelerate the commercialization of TD-LTE and evolving 4.5G/ 5G technologies.

Bharti Airtel Share Price

1840.65 10.95 (0.60%)

23-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1840.65
Vodafone Idea	9.58
Indus Towers	404.75
Tata Communications	1581.60
Bharti Hexacom Ltd.	1558.25
View more..

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Bharti Airtel rings loud on entering into strategic collaboration with China Mobile

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