-7.45 (-0.37%) Bharti Airtel has introduced a new business model for managing fixed line and DSL broadband networks, on the line of Indus Towers. The company will initially acquire the entire equity stake of Alcatel Lucent India in Alcatel Lucent Managed Network Service India, a joint venture between Bharti Airtel and Alcatel Lucent India to manage and deploy the former’s fixed line and broadband network in India.
The operations of the entity would be strengthened by the transition of proven tools, processes and all manpower and skilled resources from the existing joint venture. It will operate independent of Bharti and going forward, will invite other operators to join in with equity participation and bring the management of their broadband and fixed line networks under its fold.
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. It provides broadband (DSL), data and telephone services (fixed line) in 87 cities across India with 3.3 million customers of which, 1.4 million subscribe to broadband/internet services.