Key News - Bharti Airtel Ltd, Tata Consultancy Services Ltd, Reliance Industries Ltd by ARETE Securities
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Key News
Airtel and TCS announce collaboration for 'Made in India' 5G network
The 5G solutions, once commercially proven in Airtel's diverse and brownfield network will open export opportunities for India, which is now the second-largest telecom market in the world after China. Indian telecommunications firm Bharti Airtel, on Monday, announced a strategic partnership with IT services firm Tata Consultancy Services (TCS) for implementing 5G broadband network solutions in India. Tata Group has developed a ‘state-of-the-art’ O-RAN (Open Radio Access Network) based Radio and NSA/SA Core and has integrated a totally indigenous telecom stack, leveraging the Group capabilities and that of its partners. This will be available for commercial development starting January 2022. As per the partnership, Airtel will pilot this indigenous solution during its 5G rollout. The pilot will begin in January 2022 as per Government of India guidelines. The 5Gsolutions, once commercially proven in Airtel’s diverse and brownfield network will open export opportunities for India, which is now the second-largest telecom market in the world after China. Airtel is a Board member of the O-RAN Alliance and is committed to explore and implement O-RAN based networks in India. The Company has started 5G trials in major cities using spectrum allocated by the Department of Telecom. Other Indian telecom players such as Reliance Jio have also commenced 5G trials, even as experts believe that the prolonged second wave of the Covid-19 pandemic will delay the countrywide rollout of the technology.
Reliance, Tata superapps gear up for battle royale in e-commerce space
Mukesh Ambani-owned RIL's Jio Mart is set to launch a slew of new products including financial services, electronics to airline tickets to take on the competition from upcoming rivals like the Tata Superapp and other established players including PayTM, Amazon and Flipkart. This comes at a time when RIL’s e-commerce revenues are set to grow by 35 per cent to $15 billion within four years and its core retail revenue is expected to grow at the same pace to $44 billion, as per a forecast by Goldman Sachs. "The Tata vs Jio Mart war will be the next big corporate battle to watch.
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