Breaking News

You are here » Indian-Commodity  :  Corporate  :  Bharti Airtel to set up 2,000 mobile towers across villages: Report

11-Dec2017

Bharti Airtel to set up 2,000 mobile towers across villages: Report

Bharti Airtel is reportedly planning to set up 2,000 mobile towers across villages and national highways in the North East with the help of government funding. In this regards, the telecom operator has signed an agreement with the department of telecommunications (DoT) and the Universal Service Obligation Fund (USOF) to provide mobile services in 2,100 villages across Assam, Manipur, Mizoram, Nagaland, Sikkim, Tripura and Arunachal Pradesh over the next 18 months.

The government charges a small fee from telecom operators which go into the USOF which, in turn, is used to provide connectivity in rural areas of the country. Moreover, the company will receive Rs 1,610 crore from the USOF for executing the project.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.


Related News

View all news

Uflex enters into an agreement with Flex Chemicals

Uflex has entered into an agreement to acquire 100% equity shares of Flex Chemicals, a company incorporated in Russia. The acquisition will complement the existing chemical business of the company and......

JK Tyre to invest Rs 1250 crore in Laksar unit for expansion: Report

JK Tyre & Industries is reportedly planning to invest Rs 1250 crore in Laksar unit in Haridwar it bought from Birla Tyres. The company will invest the same for a sizeable expansion which will give......

Govt to give environmental clearance to Tata Sponge Iron for enhancement of DRI production

The Ministry of Environment, Forest and Climate Change, Government of India (MoEFCC), has considered the Tata Sponge Iron's application and subject to certain conditions, decided to accord environmental......

Top News

View all news

Arrow Greentech's arm gets approval to manufacture mouth dissolving strips

Arrow Greentech's wholly owned subsidiary (WOS) company -- Avery Pharmaceuticals, also known as Arrow Rx has received an approval for site plan to manufacture mouth dissolving strips from Food &......

Essel Propack issuing commercial papers worth Rs 50 crore

Essel Propack is issuing Commercial Papers (CPs) for Rs 50 crore on private placement basis and will have date of maturity as March 13, 2019. The CPs for Rs 50 crore with date of maturity as December 13,......

Escorts, Kubota join hands for global leadership

Escorts and Kubota Corporation have joined hands for their global joint venture (JV) to manufacture high end technology tractors for domestic and export geographies. The JV will leverage leading Japanese......