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MarketScreener Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Bharti Airtel    BHARTIARTL   INE397D01024

BHARTI AIRTEL (BHARTIARTL)
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Bharti Airtel : Airtel Launches India’s First Telecom Infra Project (TIP) Community Lab

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11/10/2017 | 12:03pm CEST

Bharti Airtel (Airtel), India largest telecommunications services provider, today announced the launch of India first Telecom Infra Project (TIP) Community Lab. Airtel is amongst the early members of TIP a global initiative founded by Facebook, Deutsche Telekom, Intel, Nokia and SK Telecom to create a new approach to building and deploying telecom network infrastructure.

Airtel is demonstrating its commitment to TIP efforts by converting a part of its engineering centre for Network Excellence in Manesar (Gurgaon) - its lab for validation and demonstration of new technologies and solutions - into a TIP Community Lab. The fully equipped state-of-the-art facility will be used by TIP project group members to create innovative solutions for telecom networks.

Having been at the forefront of India telecom revolution, Airtel is excited to extend its network innovation facilities to the growing TIP Community Lab program. We look forward to collaborating with other TIP members in creating innovative network infrastructure solutions for the future, and quickly and cost-effectively expand the reach of our networks to serve customers with exciting and disruptive solutions, said Abhay Savargaonkar, Director Networks (India South Asia), Bharti Airtel.

Founded in February 2016, TIP is an engineering-focused initiative driven by operators, suppliers, integrators, and startups to disaggregate the traditional network deployment approach. The community collective aim is to collaborate on new technologies, examine new business approaches and spur new investments into the telecom space.

We look forward to working with Airtel to establish the first TIP Community Lab in Manesar. Our community is re-imagining traditional approaches to network deployment everywhere, and this lab can accelerate the development of innovative solutions for achieving this goal. TIP members can take advantage of this facility to refine new products, technologies and solutions, from proof of concept, through trials and ultimately deployment, said Axel Clauberg, TIP Chairman and Vice President, Technology Innovation, Deutsche Telekom AG.

About Bharti Airtel Limited

Bharti Airtel Limited is a leading global telecommunications company with operations in 17 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 3 mobile service providers globally in terms of subscribers. In India, the companys product offerings include 2G, 3G and 4G wireless services, mobile commerce, fixed line services, high speed home broadband, DTH, enterprise services including national international long distance services to carriers. In the rest of the geographies, it offers 2G, 3G, 4G wireless services and mobile commerce. Bharti Airtel had over 383 million customers across its operations at the end of September 2017.

To know more, please visit, www.airtel.com.

Copyright 2017, NewsVoir - All rights reserved , source Indian Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
BHARTI AIRTEL 3.21% 373.45 End-of-day quote.-29.63%
DEUTSCHE TELEKOM 0.43% 13.9 Delayed Quote.-6.05%
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Financials (INR)
Sales 2019 831 B
EBIT 2019 89 425 M
Net income 2019 55,2 M
Debt 2019 1 111 B
Yield 2019 0,62%
P/E ratio 2019 236,86
P/E ratio 2020 99,75
EV / Sales 2019 3,12x
EV / Sales 2020 2,75x
Capitalization 1 481 B
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 458  INR
Spread / Average Target 24%
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Managers
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Gopal Vittal CEO, Managing Director & Executive Director
Sunil Bharti Mittal Chairman
Ajai Puri Chief Operating Officer-India & South Asia Region
Nilanjan Roy Global Chief Financial Officer
Harmeen Mehta Global Chief Information Officer
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