Bharti Airtel rises on inking 4G network deployment deal with Nokia Networks

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

20 Oct 2016 Evaluate

Bharti Airtel is currently trading at Rs 308.95, up by 1.65 points or 0.54% from its previous closing of Rs. 307.30 on the BSE.

The scrip opened at Rs. 305.05 and has touched a high and low of Rs. 310.60 and Rs. 305.05 respectively. So far 104396 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 384.90 on 28-Apr-2016 and a 52 week low of Rs. 282.30 on 29-Jan-2016.

Last one week high and low of the scrip stood at Rs. 310.60 and Rs. 296.60 respectively. The current market cap of the company is Rs. 123519.66 crore.

The promoters holding in the company stood at 67.14%, while Institutions and Non-Institutions held 31.47% and 1.36% respectively.

Bharti Airtel, one of the country’s largest telecommunications services provider, has entered into a network deployment deal with Nokia Networks to install and maintain 4G services in three new circles. Nokia’s networking arm already serves 4G services for Bharti Airtel in six circles since September 2015, and with the new network roll out, Nokia will focus on better delivery of video content and other streaming applications and services.

In total, Nokia will deploy its 4G FDD-LTE & TD-LTE technology across 9 circles of Bharti Airtel’s operations in India including Gujarat, Madhya Pradesh, Bihar, Rest of Bengal, Odisha, Mumbai, Maharashtra, Kerala and UP East. It will also expand Airtel’s 3G network in 8 regions as part of this rollout and upgrade legacy 2G Base Transceiver Stations.

Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.

Bharti Airtel Share Price

1834.90 8.45 (0.46%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1834.90
Vodafone Idea	11.25
Indus Towers	404.85
Tata Communications	1590.80
Bharti Hexacom Ltd.	1498.20
View more..

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