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In a boost to Elon Musk's <keyword id="20034452" type="General" weightage="20" keywordseo="starlink" source="keywords">Starlink</keyword>, Communications Minister Scindia has said the spectrum for satellite broadband will be allocated and not auctioned as sought by Indian billionaires Mukesh Ambani and Sunil Mittal. The satellite broadband spectrum will however be not given free and sector regulator Trai will fix a price for the resource, he told PTI in a text and video interview. "Every country has to follow the <keyword id="20848482" type="General" weightage="20" keywordseo="international-telecommunications-union" source="keywords">International Telecommunications Union</keyword> (ITU), which is the organisation that lays out the policy for spectrum in space or satellites, and the ITU has been very clear in terms of the spectrum being given out on an assignment basis. In addition, if you look across the world today, I cannot think of a single country that auctions spectrum for satellite," Scindia said. India is a member of the International Telecommunication Union (ITU), a UN agency for digital technology. Musk's Starlink and global peers like Amazon's Project Kuiper back an administrative allocation. While Ambani's Reliance Jio has been vocal about the need to allocate such spectrum through an auction to provide a level playing field to legacy operators who buy airwaves and set up infrastructure like telecom towers, Mittal last month at an industry event where Prime Minister Narendra Modi was also present articulated the need to use bidding for such allocation. Jio and Mittal's Bharti Airtel - India's largest and second-largest operators, respectively - feel that giving away the satellite broadband airwaves at a pre-decided price by the government will create an uneven playing field since they had to compete in an auction to get spectrum for their terrestrial wireless phone networks. The two are vying for a piece of the satellite broadband segment as well. Musk-led Starlink is demanding administrative allotment of licences in line with the global trend as it looks to tap into the world's fastest-growing mobile telephony and internet market. Scindia said the Telecom Act of 2023 passed in December has put the matter in 'Schedule 1', which means that the Satcom spectrum will be allocated administratively. Such an allocation will be at a government-decided price, and allow foreign firms like Starlink to offer voice and data services. If the spectrum were to be auctioned, it would have made it costlier for Starlink to roll out services. Starlink has applied for a licence to start operations in the country. Scindia, however, offered no clues on the fate of his application. The minister said that the regulatory process is very clear and transparent. The new Telecom Act has been passed, and the Satellite spectrum is very clearly a part of that in schedule one, he pointed out. "...and therefore, we are open to looking at the application of any entity that wants to invest in India at this point in time. I think only one or two licenses have been given out. And whoever else wants to participate, India is surely going to welcome that," the minister said. Last month, Musk, in a post on X, termed the demand made by Jio for shunning sector regulator Trai's consultation paper on satellite broadband being allocated and not auctioned as "unprecedented", and when Mittal made the pitch in the presence of the Prime Minister, he asked if it was "too much trouble" to allow Starlink to provide internet services in India. This was perhaps the first time that Musk, whose networth of USD 241 billion is more than the combined wealth of Ambani, Mittal and Gautam Adani, had spoken directly against demands for a level playing field made by the Indian firms. Musk, the mind behind PayPal, founder of Tesla and SpaceX and owner of X (formerly Twitter), uses his social media platform on a daily basis to make his views known on a vast array of topics.

In a win for Elon Musk, Scindia says no to spectrum auction pitch from Ambani, Mittal

<keyword id="21282723" type="General" weightage="100" keywordseo="satellite-communications" source="keywords">Satellite communications</keyword> is a "magic bullet" to cover dark unconnected areas, <keyword id="22764352" type="General" weightage="20" keywordseo="Bharti-Chairman" source="keywords">Bharti Chairman</keyword> <keyword id="20104229" type="General" weightage="20" keywordseo="Sunil-Mittal" source="keywords">Sunil Mittal</keyword> said on Monday, adding that players now have a great new opportunity to leverage satellite connectivity to cover <keyword id="20534956" type="General" weightage="20" keywordseo="remote-areas" source="keywords">remote areas</keyword> that have so far been left out. Speaking at the <keyword id="23624328" type="General" weightage="20" keywordseo="NDTV-World-Summit" source="keywords">NDTV World Summit</keyword>, Mittal said that nearly two billion people in the world are still not connected to the internet, and in the Indian context too there are areas -- large swathes of desert, forests, coastlines -- where neither mobile networks, not fibre is feasible. "For those areas you need satellite communications, and that, to my mind, offers now a great source of new opportunities for us, mobile operators, or <keyword id="20055601" type="General" weightage="20" keywordseo="telecom-operators" source="keywords">telecom operators</keyword>, to put that in a mix and start to cover areas which are still left behind," Mittal said. About five per cent of India's population sans <keyword id="19936241" type="General" weightage="20" keywordseo="internet-connectivity" source="keywords">internet connectivity</keyword> lives in 25 per cent of the area, he said, emphasising that satellite is the only solution for them. "India provides a very high quality signal to 95 per cent of its population, but there are still five per cent of people who do not get internet in the country, and they live in 25 per cent of the area of the country. So it's a very large area with a very small population, the only way to cover that is satellite," Mittal said. Mittal said that two ground stations in Mehsana (Gujarat) and in Pondicherry are in a state of preparedness and ready to start services. "The day government gives us the permission, there will not be a single square inch of this country which will not have a radio coverage. So you just need to raise your hand and be connected," he said. Mittal said he is of the view that satellite is truly a "magic bullet" to cover the dark areas, and noted that about 2 billion people in the world are still not connected to internet, including in advanced countries like the US. The telecom stalwart's comments assume significance as billionaire Elon Musk and Indian tycoons Mukesh Ambani and Mittal are locked in a standoff over satellite spectrum, and nuances of its allocation in India. While Ambani's <keyword id="19896911" type="General" weightage="20" keywordseo="Reliance-Jio" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Jio" meta.hostid="268" meta.entityid="Reliance Jio">Reliance Jio</keyword> has been vocal about the need to allocate such spectrum through an auction to give a level-playing field to legacy operators who buy airwaves and set up infrastructure like telecom towers, Mittal during India Mobile Congress held last week articulated the need for satellite companies harbouring any urban ambitions to buy spectrum as telecom companies do. Musk-led <keyword id="20034452" type="General" weightage="20" keywordseo="Starlink" source="keywords" meta.keywordsubtype="org" meta.entityname="Starlink" meta.hostid="268" meta.entityid="Starlink">Starlink</keyword> is demanding administrative allotment of licences in line with the global trend as it looks to tap into the world's fastest-growing mobile telephony and internet market. This has found some backing in Telecom Minister Jyotiraditya Scindia, who said recently that such airwaves will be given out through administrative allocation at a cost, but not auctioned.

Satellite 'magic bullet' to connect the unconnected; offers opportunity to cover areas left out: Sunil Mittal

In times when cases of scam and <keyword id="20649571" type="General" weightage="20" keywordseo="spam-calls" source="keywords">spam calls</keyword> are on the rise, <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword>’s new AI-powered spam detection system has identified 51 million potential spam calls and 1.6 million <keyword id="23471655" type="General" weightage="20" keywordseo="malicious-SMS" source="keywords">malicious SMS</keyword> messages in Rajasthan—all in just the first 10 days since its launch. This technology, rolled out at no additional cost to <keyword id="19896909" type="General" weightage="100" keywordseo="Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Airtel" meta.hostid="261" meta.entityid="Airtel">Airtel</keyword> customers, promises to offer real-time protection against scammers and fraudulent links. Marut Dilawari, CEO of Bharti Airtel in <keyword id="19898913" type="General" weightage="20" keywordseo="Rajasthan" source="keywords">Rajasthan</keyword>, shared the news on Tuesday, revealing the breakthrough solution that’s already making a significant impact. “For this, Airtel has built a centralized database of blacklisted URLs, and every SMS is scanned in real-time by a state-of-the-art AI algorithm to caution users from accidentally clicking on suspicious links,” he explained as per PTI. <h2>How the tool works </h2> Airtel’s AI-powered system works quietly in the background, scanning every incoming SMS for potentially dangerous links. When a suspicious link is detected, users are immediately alerted, helping them avoid accidentally falling victim to <keyword id="19939895" type="General" weightage="20" keywordseo="phishing-scams" source="keywords">phishing scams</keyword> or malicious websites. This isn’t just about blocking irritating spam—it also protects users against cybercriminals targeting unsuspecting customers. What sets Airtel’s solution apart is its extensive database of blacklisted URLs, which is constantly updated to ensure real-time protection. The AI system analyses every message before it reaches the customer. Airtel is the first telecom provider to roll out such an AI-driven spam protection system for its users, a move that places it ahead in the battle against increasingly sophisticated cyber threats. The best part? It’s completely automatic and free for all Airtel users, with no need for customers to install additional apps or sign up for extra services. Dilawari talked about how important this solution is in today’s digital age. “The threat of scams, fraud, and malicious communications has become a growing concern for customers. In view of this, Airtel has introduced an AI-powered solution which equips all Airtel customers in Rajasthan with a powerful shield against the schemes of cybercriminals and scammers,” he told PTI. <h2>Spam calls are on the rise </h2> With phishing attempts and spam calls on the rise, especially in regions with high mobile penetration like Rajasthan, customers have been increasingly vulnerable to fraudsters. Whether it’s a fraudulent link promising a fake lottery win or a robocall posing as a government agency, the tactics are becoming more devious—and difficult to detect. Airtel’s move to integrate AI into its security systems is not only a step forward for telecom providers but also a much-needed layer of protection for millions of customers. As digital fraud continues to evolve, proactive measures like these will become essential in keeping users safe. (With PTI inputs)

AI helped Airtel detect 51 million spam calls in 10 days, all details

<ul><li><keyword id="19896909" type="General" weightage="20" keywordseo="Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Airtel" meta.hostid="261" meta.entityid="Airtel">Airtel</keyword> has announced an AI-powered solution to tackle <keyword id="20649571" type="General" weightage="20" keywordseo="spam-calls" source="keywords">spam calls</keyword> and messages.</li><li>The telco will use AI to scan and alert users about spam calls and messages.</li><li>The company will roll out the new feature to all users for free.</li></ul> Spam calls and messages are a nuisance and while the <keyword id="19945464" type="General" weightage="20" keywordseo="Telecom-Regulatory-Authority-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Telecom Regulatory Authority of India" meta.hostid="261" meta.entityid="Telecom Regulatory Authority of India">Telecom Regulatory Authority of India</keyword> (TRAI) has taken steps to tackle the issue, it has failed to do so completely. Telecom operator <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> has now deployed <keyword id="21310835" type="General" weightage="20" keywordseo="AI-powered-technology" source="keywords">AI-powered technology</keyword> to try to solve the issue. The company termed it as the country’s “first AI-powered <keyword id="23323248" type="General" weightage="20" keywordseo="spam-detection-solution" source="keywords">spam detection solution</keyword>”. The company has said that it will offer this spam detection solution to all users for free. "Spam has become a menace for customers. We have spent the last twelve months solving this comprehensively," said <keyword id="20174209" type="General" weightage="20" keywordseo="Gopal-Vittal" source="keywords">Gopal Vittal</keyword>, Managing Director and Chief Executive Officer, Bharti Airtel. <div type="Article" hostid="261" msid="113548793" title="Jio and Airtel lost subscribers in July after tariff hike, BSNL records growth" mstype="2" mssubtype="0"></div> As per the company, the tool will alert customers in real time to all suspected spam calls and messages. Customers won’t have to do anything to enable this and it will be auto-activated for all Airtel customers without them having to raise a service request or download any app. "Our solution has been able to successfully identify 100 million potential spam calls and 3 million spam SMSes originating every day," Vittal added. Airtel has claimed that the AI-powered spam detection solution, developed in-house by Airtel's data scientists flags suspected spam calls and messages accurately. <div type="Article" hostid="261" msid="112841081" title="Airtel customers to get access to Apple TV+, Apple Music – telco to absorb Wynk Music employees" mstype="2" mssubtype="0"></div> In addition to alerting users about spam calls and messages, this tool will also alert customers about malicious links received via SMS. To address this, Airtel said it has built a centralised database of blacklisted URLs and every SMS is scanned in real-time by an AI algorithm to caution users from accidentally clicking on suspicious links. "There are several indicators based on which we have identified spammers. We have developed an AI-enabled spam detection solution which analyses calls in 2 milliseconds and alerts users on the dialer," Vittal added. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/webstories/diffusion-engineers-ipo-quick-review-ipo-gmp-risk-factors-and-more/slidelist/113687580.cms">Diffusion Engineers IPO quick review – IPO GMP, risk factors and more</a> <a href="https://www.businessinsider.in/stock-market/news/manba-finance-ipo-allotment-how-to-check-allotment-ipo-gmp-listing-date-and-more/articleshow/113667907.cms">Manba Finance IPO allotment – How to check allotment, IPO GMP, listing date and more</a> <a href="https://www.businessinsider.in/entertainment/news/it-is-cheaper-to-watch-coldplay-perform-in-abu-dhabi-than-to-pay-scalpers-for-mumbai-tickets/articleshow/113665893.cms">It is cheaper to watch Coldplay perform in Abu Dhabi than to pay scalpers for Mumbai tickets</a>

Airtel is using AI-powered technology to block spam calls and messages

<keyword id="19899016" type="General" weightage="100" keywordseo="Vodafone-Idea" source="keywords" meta.keywordsubtype="org" meta.entityname="Vodafone Idea" meta.hostid="261" meta.entityid="Vodafone Idea">Vodafone Idea</keyword> has secured contracts worth Rs 30,000 crore with <keyword id="19941076" type="General" weightage="20" keywordseo="Nokia" source="keywords" meta.keywordsubtype="org" meta.entityname="Nokia" meta.hostid="261" meta.entityid="Nokia">Nokia</keyword>, <keyword id="19962937" type="General" weightage="20" keywordseo="Ericsson" source="keywords" meta.keywordsubtype="org" meta.entityname="Ericsson" meta.hostid="261" meta.entityid="Ericsson">Ericsson</keyword>, and <keyword id="19897758" type="General" weightage="20" keywordseo="Samsung" source="keywords" meta.keywordsubtype="org" meta.entityname="Samsung" meta.hostid="261" meta.entityid="Samsung">Samsung</keyword>, a PTI report revealed. These contracts, which span a period of three years, are a crucial part of the company's Rs 55,000 crore capital expenditure (capex) plan. The investment will focus on expanding 4G coverage, launching 5G services, and meeting the growing demand for data in India. The debt-laden telecom operator announced the deal as it strives to regain market share in an increasingly competitive industry. Vodafone Idea has faced financial difficulties since its merger in 2018 between Vodafone Group's Indian arm and Aditya Birla Group's Idea Cellular. Since then, the company has struggled to compete with larger rivals such as <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> and Reliance Jio, both of which have made significant inroads into India’s telecom market. The Rs 30,000 crore deal with Nokia, Ericsson, and Samsung is expected to provide Vodafone Idea with the necessary equipment to expand its 4G coverage from 1.03 billion to 1.2 billion people, as well as initiate the rollout of 5G services in key markets. The company confirmed that supplies under the new contract would begin arriving in the next quarter. In a statement, Vodafone Idea said that its primary goal is to enhance 4G connectivity across India while simultaneously preparing to introduce 5G technology. ""Vodafone Idea has concluded a mega, about USD 3.6 billion (around Rs 300 billion), deal with Nokia, Ericsson and Samsung for supply of network equipment over a period of three years. The capex programme is directed towards expanding the 4G population coverage from 1.03 billion to 1.2 billion, launching 5G in key markets and capacity expansion in line with data growth," the company said in a statement. Akshaya Moondra, CEO of Vodafone Idea, said as per a Livemint report, “"We have kickstarted the investment cycle. We are on our journey of VIL 2.0 and from hereon, VIL will stage a smart turnaround to effectively participate in the industry growth opportunities. Nokia and Ericsson have been our partners since our inception and this marks another milestone in that continuing partnership. We are pleased to start our new partnership with Samsung. We look forward to work closely with all our partners as we move into the 5G era." (With Reuters and PTI inputs)

Vodafone Idea seals Rs 30,000 crore deal with Nokia, Ericsson, and Samsung for 4G and 5G expansion

New Delhi: Nine of the top-10 most valued firms together added Rs 2,01,552.69 crore in market valuation last week, with <keyword id="19951944" type="General" weightage="100" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="153" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> stealing the show, amid bullish investors' sentiment in equities. Last week, the BSE benchmark jumped 1,707.01 points or 2.10 per cent. The 30-share BSE Sensex hit its lifetime high of 83,116.19 on Thursday. Bharti Airtel's valuation jumped Rs 54,282.62 crore to Rs 9,30,490.20 crore, becoming the biggest gainer among the top-10 firms. The market capitalisation (mcap) of <keyword id="19900482" type="General" weightage="20" keywordseo="ICICI-Bank" source="keywords" meta.keywordsubtype="org" meta.entityname="ICICI Bank" meta.hostid="153" meta.entityid="ICICI Bank">ICICI Bank</keyword> surged Rs 29,662.44 crore to Rs 8,80,867.09 crore. <keyword id="19950119" type="General" weightage="20" keywordseo="Tata-Consultancy-Services" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Consultancy Services" meta.hostid="153" meta.entityid="Tata Consultancy Services">Tata Consultancy Services</keyword> (TCS) added Rs 23,427.12 crore taking its valuation to Rs 16,36,189.63 crore. The mcap of Hindustan Unilever soared Rs 22,438.6 crore to Rs 6,89,358.33 crore and that of <keyword id="19895995" type="General" weightage="20" keywordseo="HDFC-Bank" source="keywords" meta.keywordsubtype="org" meta.entityname="HDFC Bank" meta.hostid="153" meta.entityid="HDFC Bank">HDFC Bank</keyword> zoomed Rs 22,093.99 crore to Rs 12,70,035.77 crore. The market valuation of Infosys climbed Rs 17,480.49 crore to Rs 8,07,299.55 crore and that of ITC rallied Rs 15,194.17 crore to Rs 6,42,531.82 crore. The valuation of <keyword id="19896380" type="General" weightage="20" keywordseo="Reliance-Industries" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Industries" meta.hostid="153" meta.entityid="Reliance Industries">Reliance Industries</keyword> jumped Rs 9,878.19 crore to Rs 19,92,160.61 crore and that of State Bank of India went up by Rs 7,095.07 crore to Rs 7,05,535.20 crore. However, the mcap of Life Insurance Corporation of India (LIC) declined by Rs 3,004.38 crore to Rs 6,54,004.76 crore. Reliance Industries was leading the chart of the top-10 most valued firms followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Hindustan Unilever, LIC and ITC.

Mcap of nine of top-10 most valued firms jump Rs 2 lakh crore, Bharti Airtel leads the surge

<ul><li><keyword id="19896909" type="General" weightage="20" keywordseo="Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Airtel" meta.hostid="261" meta.entityid="Airtel">Airtel</keyword> has partnered with Apple to offer its customers access to Apple TV+ and <keyword id="20066660" type="General" weightage="100" keywordseo="Apple-Music" source="keywords">Apple Music</keyword>.</li><li>The telecom operator will shut down the <keyword id="22938696" type="General" weightage="20" keywordseo="Wynk-Music" source="keywords" meta.keywordsubtype="org" meta.entityname="Wynk Music" meta.hostid="261" meta.entityid="Wynk Music">Wynk Music</keyword> app.</li><li>Airtel will reportedly absorb all the employees of Wynk Music.</li></ul>Indian telecom operator <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> has announced a partnership with Apple to bring access to Apple TV+ and Apple Music content to its customers through video streaming platforms <keyword id="20371132" type="General" weightage="20" keywordseo="Xstream" source="keywords" meta.keywordsubtype="org" meta.entityname="Xstream" meta.hostid="261" meta.entityid="Xstream">Xstream</keyword> and Wynk Music respectively. Under the partnership, Airtel Xstream customers will be able to explore Hollywood and award-winning content on Apple TV+ which will come bundled with premium Airtel WiFi and postpaid plans. Apple Music will be accessible for Wynk Premium users. These Apple Music and Apple TV+ offers will become available to <keyword id="21638222" type="General" weightage="20" keywordseo="Airtel-customers" source="keywords">Airtel customers</keyword> in India later this year. "Apple and Airtel are natural partners who strive to bring excellence to customer experience. This partnership with Apple will provide immense value to our customers since they will now have access to the best content and entertainment globally," Bharti Airtel chief marketing officer and EVP customer experience, Amit Tripathi said. "We are thrilled that Airtel customers in India will soon be able to enjoy all of the incredible content on Apple TV+ and Apple Music," said Oliver Schusser, Apple’s vice president of Apple Music, Apple TV+, Sports, and Beats. <h2>Airtel to shut down Wynk Music, absorb employees</h2>Following this deal, Airtel will reportedly exit from the music vertical and shut down its Wynk Music app according to a report. The telco will absorb all Wynk Music employees. "Airtel is planning to close Wynk Music in the next couple of months. It will absorb all the employees into the company," a source told PTI. "We can confirm that we will sunset Wynk Music and all Wynk Music employees will be absorbed within the Airtel ecosystem. Airtel users will have access to Apple Music. Additionally, Wynk Premium users will receive exclusive offers from Airtel for Apple," an Airtel spokesperson said to PTI. With inputs from PTI. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/apple-iphone-16-to-be-launched-on-september-9-heres-everything-we-know-so-far/articleshow/112828818.cms">Apple iPhone 16 to be launched on September 9 – here’s everything we know so far</a> <a href="https://www.businessinsider.in/stock-market/news/a-company-with-8-employees-looking-to-raise-12-crore-ended-up-getting-applications-worth-over-4700-crore/articleshow/112824522.cms">Delhi firm with just 8 employees seeks ₹12 crore via IPO, gets ₹4,700 crore worth of investor applications!</a> <a href="https://www.businessinsider.in/tech/news/telegram-comes-under-the-scanner-in-india-for-extortion-and-gambling-will-it-be-banned-in-india/articleshow/112807370.cms">Telegram comes under the scanner in India for extortion and gambling – will it be banned in India?</a>

Airtel customers to get access to Apple TV+, Apple Music – telco to absorb Wynk Music employees

<keyword id="20253141" type="General" weightage="20" keywordseo="Bharti-Global" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Global" meta.hostid="268" meta.entityid="Bharti Global">Bharti Global</keyword>, the international <keyword id="19895437" type="General" weightage="20" keywordseo="investment" source="keywords">investment</keyword> arm of Bharti Enterprises, will acquire about 24.5 per cent stake in <keyword id="20115879" type="General" weightage="20" keywordseo="BT-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="BT Group" meta.hostid="268" meta.entityid="BT Group">BT Group</keyword>, Britain's largest broadband and mobile company, from <keyword id="22756191" type="General" weightage="20" keywordseo="Altice-UK" source="keywords" meta.keywordsubtype="org" meta.entityname="Altice UK" meta.hostid="268" meta.entityid="Altice UK">Altice UK</keyword>, a release said on Monday. Although it did not divulge the size of the deal, market watchers say that at BT's valuation of roughly USD 15 billion dollars, the deal could be in the ballpark of USD 4 billion. The shares will be purchased through Bharti Televentures UK, which is wholly-owned by Bharti Global. Bharti Televentures UK has inked an agreement with Altice UK to acquire about 9.99 per cent stake of BT Group's issued capital imminently with the rest about 14.51 per cent of BT's share capital is to be acquired post regulatory clearances. Telecom billionaire Patrick Drahi's Altice UK, the largest shareholder in BT, has been struggling with high debt. "Bharti Global, the international investment arm of Bharti Enterprises, a leading Indian business group with world-class companies in telecoms, digital infrastructure and space communications, has reached an agreement to acquire an interest in 24.5 per cent of the issued share capital of BT Group plc from Altice UK," Bharti said in a release. Bharti hopes the investment will further help create new synergies in the telecom sector between India and UK in the areas of AI and <keyword id="19916120" type="General" weightage="20" keywordseo="5G" source="keywords">5G</keyword> R&amp;D and core engineering among others, "offering great potential to collaborate on industry best practices and emerging technologies". It is pertinent to mention here that Bharti and BT have a relationship going back more than two decades. In 1997, BT acquired a 21 per cent stake in Bharti Airtel, and hence Bharti's latest move to acquire a 24.5 per cent chunk in the iconic British company marks a defining moment for the Indian telecom conglomerate. Sunil Bharti Mittal, Chairman of Bharti Enterprises said: "Bharti and British Telecom (BT) have an enduring relationship going back more than two decades wherein BT owned 21 per cent stake along with two board seats in Bharti Airtel Limited from 1997-2001. Today marks a significant milestone in Bharti Group's history as we invest in BT - an iconic British company". Bharti's investment in BT aims to support the commitment of Prime Minister Narendra Modi towards his vision in elevating and broadening the India-UK ties, the release said. It noted that during the recently concluded visit of UK Foreign Secretary, David Lammy to India, the UK-India Technology Security Initiative was announced to expand collaboration in critical and emerging technologies across priority sectors including telecom. Sunil Mittal said: "This investment in BT aims to support the commitment of our Prime Minister towards his vision in elevating and broadening the India-UK ties. Bharti's own record of owning and operating telecom and broadband networks around the world is underpinned by placing customers, digital innovation and operational efficiency at the heart of its business". Shravin Bharti Mittal, Managing Director of Bharti Global said: "We review global investment opportunities in the world of technology from digital infrastructure to software. BT is well known to us from the long association with Bharti, so we are pleased to have this opportunity to acquire a significant stake in the company." Bharti believes that BT is poised for leadership in the telecom arena, especially home broadband services, he added. Meanwhile, BT Group, in a separate statement said the investment from Bharti is a strong vote of confidence in the future of the British telecom carrier and its strategy. Allison Kirkby, Chief Executive of BT said: "We welcome investors who recognise the long-term value of our business, and this scale of investment from Bharti Global is a great vote of confidence in the future of BT Group and our strategy". "BT has enjoyed a long association with Bharti Enterprises, and I'm pleased that they share our ambition and vision for the future of our business. They have a strong track record of success in the sector, and I look forward to ongoing and positive engagement with them in the months and years to come," Kirkby said. Barclays Bank PLC, acting through its Investment Bank served as the sole financial advisor and Linklaters LLP served as legal advisor to Bharti Global in connection with the transaction. 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Bharti to acquire about 24.5% stake in BT Group from Altice UK; deal estimated at $4 bn

New Delhi [India], July 29 (ANI): <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="153" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> ("<keyword id="19896909" type="General" weightage="20" keywordseo="Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Airtel" meta.hostid="153" meta.entityid="Airtel">Airtel</keyword>") announced on Monday that it has begun re-farming its existing <keyword id="10952298" type="General" weightage="20" keywordseo="mid-band-spectrum" source="Orion">mid-band spectrum</keyword> to accommodate the rapidly increasing traffic demand on its 5G network. According to an exchange filing, with a growing number of customers transitioning to 5G, Airtel is reallocating its mid-band spectrum to expand 5G services across the 1800, 2100, and 2300 MHz bands nationwide. The re-farming of the mid-band spectrum aims to provide customers with enhanced <keyword id="726530" type="General" weightage="20" keywordseo="browsing-speeds" source="Orion">browsing speeds</keyword> and improved <keyword id="2551158" type="General" weightage="20" keywordseo="indoor-coverage" source="Orion">indoor coverage</keyword>. As data demand escalates, Airtel is accelerating its spectrum re-farming efforts to deliver an exceptional 5G experience to its users. Randeep Sekhon, CTO of Bharti Airtel, remarked, "As more customers pivot to our 5G services, we have re-farmed our mid-band spectrum which was being used for 4G services. With this, we are also ready to launch Stand-alone technology. This will mean that the <keyword id="2365216" type="General" weightage="20" keywordseo="Airtel-network" source="Orion">Airtel network</keyword> will be the first network in India to run on both stand-alone and non-standalone modes allowing us to deliver the best experience in the market." Airtel has successfully piloted the switch between standalone mode (SA) and non-standalone mode (NSA) modes on its 5G network in select circles, including Rewari, Chennai, and Bhubaneswar, with encouraging results. This capability will enable Airtel to introduce new innovative applications, services, and solutions through open APIs, differentiated connectivity, and service-based architecture. In collaboration with smartphone Original Equipment Manufacturers (OEMs), Airtel will push NSA and SA combined binaries with carrier aggregation functionality, further enhancing the 5G experience. Over the past year, Airtel has showcased the power of 5G with numerous use cases that have transformed the way customers live and conduct business. Airtel's 5G rollout has been one of the fastest in the country, now covering all 28 states and 8 union territories. (ANI)

Airtel accelerates 5G revolution by re-farming mid-band spectrum to meet surging demand, enhance browsing speed

Telecom operator <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> on Tuesday posted a 31 per cent drop in consolidated profit to Rs 2,072 crore in the March quarter. The company had registered a profit of Rs 3,005.6 crore in the year-ago period. The consolidated revenue of operations increased 4.4 per cent to Rs 37,599.1 crore during the quarter under review from Rs 36,009 crore a year earlier. "Consolidated performance was impacted primarily by the devaluation of the Nigerian Naira. We added 7.8 million smartphone customers and delivered an industry leading <keyword id="20233536" type="General" weightage="20" keywordseo="ARPU" source="keywords">ARPU</keyword> of Rs 209," Bharti <keyword id="19896909" type="General" weightage="20" keywordseo="airtel" source="keywords">Airtel</keyword> Managing Director Gopal Vittal said. For the year ended March 31, 2024, Bharti Airtel's profit dropped 10.5 per cent to Rs 7,467 crore from Rs 8,346 crore in FY23. The annual revenue from operations of the company increased 7.7 per cent to Rs 1,49,982.4 crore during the reported fiscal from Rs 1,39,144.8 crore in 2022-23. For FY24, the Airtel board has recommended a final dividend of Rs 8 per fully paid-up equity share of face value of Rs 5 each and Rs 2 per partly paid-up equity share of face value of Rs 5 each. SEE ALSO:<a href="https://www.businessinsider.in/tech/news/chatgpt-maker-openai-has-launched-gpt-4o-a-new-ai-voice-assistant/articleshow/110112039.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/chatgpt-maker-openai-has-launched-gpt-4o-a-new-ai-voice-assistant/articleshow/110112039.cms" target="_blank">ChatGPT maker OpenAI has launched GPT-4o, a new AI voice assistant</a><a href="https://www.businessinsider.in/tech/news/google-i/o-event-today-how-to-watch-and-what-to-expect/articleshow/110105611.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/google-i/o-event-today-how-to-watch-and-what-to-expect/articleshow/110105611.cms" target="_blank">Google I/O event today – how to watch and what to expect</a><a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-ce-4-lite-to-launch-soon-in-india-expected-price-specs-and-everything-we-know-so-far/articleshow/110076267.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-ce-4-lite-to-launch-soon-in-india-expected-price-specs-and-everything-we-know-so-far/articleshow/110076267.cms" target="_blank">OnePlus Nord CE 4 Lite to launch soon in India – expected price, specs and everything we know so far</a>

Bharti Airtel net profit tanks 31% to ₹2,072 cr in Q4

<keyword id="20812331" type="General" weightage="20" keywordseo="telecom-service-provider" source="keywords">Telecom service provider</keyword> <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword> on Friday denied reports of any breach of its <keyword id="19966946" type="General" weightage="20" keywordseo="customer-data" source="keywords">customer data</keyword> and said that such a claim was a desperate attempt to tarnish the brand's image. "There has been a report alleging that <keyword id="19896909" type="General" weightage="20" keywordseo="Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Airtel" meta.hostid="261" meta.entityid="Airtel">Airtel</keyword> customer data has been compromised. This is nothing short of a desperate attempt to tarnish Airtel's reputation by vested interests. We have done a thorough investigation and can confirm that there has been no breach whatsoever from Airtel systems," the telco said in a statement. The statement comes after an account named 'xenZen' on the dark web claimed to have access to the latest database of over 375 million Airtel India customers, including phone number, email address, parents name, and government IDs including Aadhar, and put it up for sale. "The original threat actor that made the claim has been banned from the hacking forum for scamming people," sources from Airtel told PTI. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/webstories/upcoming-smartphones-launching-in-india-in-july-2024/slidelist/111304902.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/upcoming-smartphones-launching-in-india-in-july-2024/slidelist/111304902.cms" target="_blank">Upcoming smartphones launching in India in July 2024</a><a href="https://www.businessinsider.in/tech/news/hp-envy-x360-14-review/articleshow/111407165.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/hp-envy-x360-14-review/articleshow/111407165.cms" target="_blank">HP Envy x360 14 review – feature-packed laptop with a sleek design</a><a href="https://www.businessinsider.in/tech/mobile/webstories/motorola-razr-50-ultra-flip-phone-launched-in-india-for-99999/slidelist/111504950.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/webstories/motorola-razr-50-ultra-flip-phone-launched-in-india-for-99999/slidelist/111504950.cms" target="_blank">Motorola Razr 50 Ultra flip phone launched in India for ₹99,999</a>

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