Bharti Airtel rings loudly on surpassing 1 million customers on 5G network
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Bharti Airtel is currently trading at Rs. 819.25, up by 9.35 points or 1.15% from its previous closing of Rs. 809.90 on the BSE.
The scrip opened at Rs. 805.55 and has touched a high and low of Rs. 824.05 and Rs. 804.50 respectively. So far 133397 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 841.30 on 01-Nov-2022 and a 52 week low of Rs. 629.05 on 14-Jul-2022.
Last one week high and low of the scrip stood at Rs. 841.30 and Rs. 804.50 respectively. The current market cap of the company is Rs. 487995.25 crore.
The promoters holding in the company stood at 55.13%, while Institutions and Non-Institutions held 40.75% and 4.10% respectively.
Bharti Airtel has crossed the 1 million unique 5G user mark on its network. The company achieved this milestone in less than 30 days of its commercial launch even as the network is being built. Earlier this month, Airtel announced the advent of its 5G services in Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Siliguri, Nagpur and Varanasi. The services in these cities are getting rolled out in a phased manner as the company continues to construct its network and complete the roll out.
Airtel initiated the 5G trials in 2021 and became the first operator to commercially launch 5G in the country. Customers with 5G smart phones can enjoy the high speed Airtel 5G Plus on their existing data plans until the roll out is more widespread. There is no need to change the SIM as the existing Airtel 4G SIM is 5G enabled.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
