
The world’s largest telco, Bharti Airtel, said in a message to users on Wednesday that it will roll out 5G services in a month and that it would reach major metro areas.
Bharti Airtel had stated intentions to launch 5G connectivity in August. By the end of Diwali, Reliance Jio would roll out its service in important metropolises like Mumbai, Delhi, Chennai, and Kolkata. By the end of 2023, Jio hopes to have a nationwide coverage.
According to Mittal, Airtel’s 5G network will offer speeds that could be 20–30 times faster than those currently offered. For specific needs, the service will make network slicing easier. Airtel will be able to slice the network for gamers that demand the best possible performance.
Days have passed since Reliance Chairman Mukesh Ambani stated that only Jio will provide genuine 5G service in his communication to stockholders. Ambani had indirectly referred to Airtel and Vodafone Idea’s non-standalone 5G strategy as “a rushed way to formally declare a 5G launch but won’t offer the breakthrough gains.”
According to Mittal, Airtel has selected a particular 5G technology that has the largest network globally. This indicates that any 5G smartphone in India will operate flawlessly on the Airtel network, according to Mittal’s letter.
Meanwhile. The Mittal family purchased more than 96 million shares from co-promoters Singtel on Wednesday in a big transaction at an aggregate cost of Rs 686 per share. The stocks were purchased as part of a previous buyout plan by group company Bharti Telecom from two Singtel affiliates for a total of Rs 6,603 crore.
Singtel said on August 25 that it would sell its 3.3% interest in Airtel within 90 days in order to increase about $1.6 billion (Rs 12,895 crore).