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Bharti Airtel inches up on extending partnership with Ericsson for deployment of 5G-ready radio network

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

08 Oct 2020 Evaluate

Bharti Airtel is currently trading at Rs. 425.35, up by 2.85 points or 0.67% from its previous closing of Rs. 422.50 on the BSE.

The scrip opened at Rs. 426.00 and has touched a high and low of Rs. 426.85 and Rs. 424.25 respectively. So far 49687 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 611.70 on 20-May-2020 and a 52 week low of Rs. 325.60 on 24-Oct-2019.

Last one week high and low of the scrip stood at Rs. 437.50 and Rs. 421.00 respectively. The current market cap of the company is Rs. 230497.30 crore.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 38.52% and 5.21% respectively.

Bharti Airtel has extended its contract with Ericsson for deployment of 5G-ready radio network. The Made-in-India 5G-ready Ericsson Radio System products is expected to enhance the network experience of Airtel customers. Bharti Airtel and Ericsson have strengthened their long-standing partnership with a renewed multi-year contract to supply and deploy 5G-ready radio and transport solutions from Ericsson.

The extension of contract comes after announcement of a renewed pan-India managed services contract in July this year, and marks another milestone in the companies’ 25-year partnership. The continued deployment of Ericsson Radio System products and solutions is expected to enhance Airtel's network capacity and deliver a robust experience to its customers. The products will also ensure an increase in Airtel network's backhaul capacities.

Bharti Airtel is a leading global telecommunications company with operations in 18 countries across Asia and Africa.

Bharti Airtel Share Price

1865.40 20.35 (1.10%)

21-Apr-2026 11:29 View Price Chart

Peers

Company Name	CMP
Bharti Airtel	1865.40
Vodafone Idea	9.66
Indus Towers	416.00
Tata Communications	1515.40
Bharti Hexacom Ltd.	1567.70
View more..

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Bharti Airtel inches up on extending partnership with Ericsson for deployment of 5G-ready radio network

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