Bharti Airtel Ltd.

BSE: 532454 | NSE: BHARTIARTL
Large Cap | Telecommunication - Service Provider
1970.00
-4.00 (-0.20%)
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Bharti Airtel planning to invest Rs 27-28k crore in telecom network with focus on 5G rollout

Date: 29-12-2022

Bharti Airtel is planning to invest Rs 27,000-28,000 crore in telecom network with a focus on 5G rollout. While the company is planning to increase capital expenditure by 10-15 per cent, it has no plans to charge a premium rate for 5G services as it has not worked in several countries that tried to do so.

The company earlier had an annual average capex in the range of Rs 24,000-25,000 crore. The capex is being largely spent on radios (mobile antennas), fibre, broadband, enterprise technology data centres etc.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.