After only a few days of participating in spectrum auctions, Bharti Airtel revealed on Wednesday that it had inked contracts for 5G network deployment this month with Ericsson, Nokia, and Samsung.
While announcing cooperation with Samsung that would start this year, Airtel emphasized its long-standing connections with Ericsson and Nokia for connectivity and pan-India managed services.
In order to strengthen its spectrum holding, the Sunil Mittal-led company recently purchased 19,867.8 MHZ of spectrum in the 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz bands.
Bharti Airtel said that it is well-positioned to usher in the 5G revolution in India after winning the auction for spectrum valued at Rs. 43,084 crores.
Airtel CEO Gopal Vittal stated, “We are pleased to announce that Airtel will begin rolling out 5G services in August.”
In order to provide its customers with the full benefits of a 5G connection, Vittal stated that the network agreements are finalized and Airtel will collaborate with the top technological partners from across the world.
“Telecom will be at the forefront of India’s shift to a digital economy, and 5G presents a game-changing opportunity to drive the digital transformation of industries, enterprises, and the socio-economic development of India,” Vittal continued.
According to the firm, choosing various partners will allow Airtel to roll out 5G services with ultra-high speeds, low latency, and enormous data handling capabilities.
In the nation’s largest-ever auction of telecom spectrum earlier this week, the Department of Telecom (DoT) received bids totaling a record Rs 1.5 lakh crore, with Mukesh Ambani’s Jio winning over half of the airwaves sold with a bid of Rs 88,078 crore.
Of the 72,098 MHz of spectrum offered over 10 bands, according to Telecom Minister Ashwini Vaishnaw, 51,236 MHz, or 71%, were sold.
According to him, enhanced service quality for customers across the nation will be made possible by the auctions and spectrum top-up by businesses. Before the year is out, the 5G services should go live in the nation.