Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1997.25
31.65 (1.61%)
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Bharti Airtel enters into strategic agreement with GBI

Date: 07-03-2018

Bharti Airtel and Gulf Bridge International (GBI), a global cloud provider for the Middle-East and Europe, have entered into a strategic agreement to unlock the capacity on GBI's India-Middle East-Europe submarine cable system. Under this agreement, Airtel through its subsidiary has acquired the rights to use significant capacity on Middle East-Europe leg of GBI's cable system.

GBI’s cable asset will complement Bharti Group's existing global network and add significant long term bandwidth capacity, enabling it to serve the booming data demand across emerging markets like India and Africa.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa. The company ranks amongst the top 3 mobile service providers globally in terms of subscribers.