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Showing posts with the label Sunil Mittal

IMC 2017: Sunil Mittal says Airtel to invest Rs 18,000 cr in digital infra

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Mittal noted that building infrastructure in telecom sector, like in other sectors, will take time LATEST NEWS :  Chairman of Bharti Airtel, Sunil Bharti Mittal on Wednesday stated that amid infrastructural development in the telecom quarter, the organisation can be investing around Rs. 18, 000 to twenty,000 crore this 12 months toward the identical. Speaking at the Indian mobile Congress 2017 (IMC) here, Mittal referred to that even as the authorities is aware of the challenges that the telecom area is going through, constructing infrastructure, like in other sectors, will take time. "India's time has come to show off increase in digital economic system. authorities is acutely privy to the shortages of the telecom quarter. Rs 50,000-60,000 crore is going into constructing hard infrastructure every 12 months. however, building Infrastructure, like in different sectors, will take time," he stated. In addition, he known as for aid from the authorities whi...

Reliance Jio active subscriber additions slowing down? Airtel wins in April

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However, on net basis, RJio continues to add maximum users Latest news :Reliance Jio has begun to witness a slowdown in active subscriber additions. For the first time since September, when Jio stormed into the market, Bharti Airtel has added more active subscribers than Jio. As per reports by Goldman Sachs and ICICI Securities, Jio added 0.4 million active subscribers in April as compared to 2.6 million by Airtel. During the September-October period of last year Jio was adding around 16 million subscribers a month. However, in terms of net additions, RELIANCE JIO continues to add maximum subscribers. It added 3.87 million subscribers in April followed by 2.85 million by Airtel, 0.81 million by BSNL, 0.75 million by Vodafone and 0.68 million by Idea. All other operators lost subscribers on net basis in April. Jio has witnessed a deceleration in its active subscribers in fourth straight month and since the company has started to charge its users from April, the de...