Bharti Airtel Shares Rise 2.6% on Ericsson 5G Deal

Bharti Airtel Ltd’s shares rose 2.6% today,  on Tuesday, hitting an intraday high of ₹1,643 per share on the BSE. By 1:26 PM, it was trading at ₹1,640, up 2.42%, while the BSE Sensex was up 0.27% at 74,657.18. The company’s market capitalisation stood at ₹9.33 lakh crore. The stock’s 52-week high is ₹1,778.95, and its 52-week low is ₹1,098.1.

The company’s shares have risen 2.33% in the past month, 47.74% over the past year, and 8,305.95% since its all-time listing.

Airtel’s Transition to 5G Standalone 

Bharti Airtel has partnered with Ericsson to roll out 5G Core technology, which will allow the telecom operator to transition to a 5G Standalone (SA) network over time. As per the filing, this network is expected to boost connectivity and improve service quality for both consumers and enterprises.

Technology Deployment

As part of this partnership, Ericsson will introduce its Signaling Controller solution and 5G Standalone-enabled Charging and Policy solution to Airtel’s network. These additions are to play a role in improving Airtel’s network capacity and offering new digital services.

Airtel – Ericsson Association

Ericsson has been a technology provider for Airtel for over 25 years, supplying equipment across multiple generations of mobile networks. The company was also awarded Airtel’s first 5G contract in India, strengthening their long-standing collaboration.

Additional Agreements

Apart from its 5G expansion, Airtel has also entered into a deal with Apple to offer Apple TV+ and Apple Music to its users. This service is available for Airtel Xstream Fiber Home Wi-Fi customers with plans starting at ₹999.

Conclusion

Bharti Airtel’s partnership with Ericsson adds to its ongoing network developments. Alongside its stock movement and new service agreements, the company continues its expansion in the telecom sector.

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