CALCULATE YOUR SIP RETURNS

Bharti Airtel Shares in Focus; Partners with Nokia and Qualcomm to Expand 5G

Written by: Neha DubeyUpdated on: Feb 12, 2025, 1:25 PM IST
Bharti Airtel shares remained in focus as it awarded a contract to Nokia and Qualcomm for expanding 5G Fixed Wireless Access devices.
Bharti Airtel Shares in Focus; Partners with Nokia and Qualcomm to Expand 5G
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Bharti Airtel collaborates with Nokia and Qualcomm to roll out 5G Fixed Wireless Access and Wi-Fi 6 solutions, delivering reliable, high-speed broadband connectivity in underserved areas across India, the company said in a press release on the stock exchanges.

Contract Details

Bharti Airtel has awarded a significant contract to Nokia and Qualcomm, aiming to expand 5G Fixed Wireless Access (FWA) and Wi-Fi solutions across India.

This partnership will enable Airtel to provide high-speed broadband services to regions where fiber connectivity is limited or challenging.

Nokia will supply Airtel with its 5G FWA outdoor gateway receivers and Wi-Fi 6 access points, utilizing Qualcomm’s Modem-RF and Wi-Fi 6 chipsets.

These devices will enable Airtel to deliver reliable broadband access in underserved areas, ensuring improved connectivity for customers.

Airtel Deploys Nokia’s 5G Solutions

Airtel plans to deploy Nokia’s FastMile 5G FWA outdoor receivers, which can serve two households simultaneously, thereby reducing connection costs. The Wi-Fi 6 access points will enhance in-home experiences with intelligent mesh capabilities.

Additionally, the equipment will be produced in India and packaged with fully recyclable materials.

Randeep Sekhon, CTO of Airtel, expressed confidence that these advanced solutions would provide a superior broadband experience for users in areas lacking fiber infrastructure.

Sandy Motley, President of Fixed Networks at Nokia, emphasised the importance of FWA technology in overcoming India’s broadband challenges. Rahul Patel, Group General Manager at Qualcomm, highlighted the significance of this solution for connecting homes and businesses across the country.

This collaboration builds on Airtel’s ongoing partnership with Nokia, which has been providing network equipment for Airtel’s 4G and 5G rollouts across India.

Share Price Performance

Bharti Airtel’s share price saw a slight increase of ₹0.70, or 0.04% at 1:20 PM on the NSE, reaching ₹1,697.45. The stock opened at ₹1,704, hitting a high of ₹1,710 and a low of ₹1,684.50 during the session.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 12, 2025, 1:25 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2.5 Cr+ happy customers