Bharti Airtel Ltd.

Telecom operator Bharti Airtel has reportedly given network modernisation and expansion contract worth over $120 million to Swedish gear maker Ericsson for Delhi, as the company is looking to spruce up service and counter the threat from Reliance Jio Infocomm in the country’s most lucrative market.

The new four-year contract, being initiated in this quarter, will bring these new airwaves into use for the telco to offer enhanced coverage and capacity, thereby improving the network performance in the national capital.

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.