Bharti Airtel rings loudly on completing deployment of additional spectrum in Jammu, Srinagar, Leh Ladakh
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Bharti Airtel is currently trading at Rs. 1663.00, up by 22.25 points or 1.36% from its previous closing of Rs. 1640.75 on the BSE.
The scrip opened at Rs. 1656.95 and has touched a high and low of Rs. 1669.40 and Rs. 1643.65 respectively. So far 757193 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1778.95 on 26-Sep-2024 and a 52 week low of Rs. 896.00 on 01-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1732.05 and Rs. 1630.50 respectively. The current market cap of the company is Rs. 1012617.57 crore.
The promoters holding in the company stood at 53.17%, while Institutions and Non-Institutions held 43.87% and 2.95% respectively.
Bharti Airtel has completed the deployment of the additional spectrum it acquired in July 2024. The deployment of additional 5MHz on the 2100 band and additional 3.8 MHz on the 900 band will give a boost to Airtel’s 5G/4G network capacities which, in turn, will improve and enhance data speeds and provide significantly better coverage inside homes and buildings both in urban and rural areas.
The deployment of additional spectrum is now complete and as a result customers across Jammu, Srinagar & leh Ladakh etc. will enjoy an elevated quality of service both on voice and data. The deployment will also allow Airtel to offer wider coverage along the highways and rail routes as well as increase its footprint in rural areas as the demand for connectivity continues to rise exponentially.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
