Indian Stock Market Daily Updates
Airtel launched India’s first wireless home Wi-Fi service, Airtel Xstream AirFiber, on August 7, 2023. The service is available in Delhi and Mumbai, and it will be rolled out to other cities in the coming months. Airtel Xstream AirFiber is a fixed wireless access (FWA) service that uses 5G technology to deliver high-speed internet to … Read more
Reliance Jio Infocomm, the telecom arm of Reliance Industries, has signed a $1.7 billion deal with Nokia to purchase 5G network equipment. The deal is expected to help Jio to roll out its 5G services across India by the end of this year. The deal includes the supply of Nokia’s AirScale portfolio of 5G radio … Read more
Reliance Jio Infocomm Ltd., the telecom arm of Reliance Industries, is in talks to raise a loan of $1.6 billion to fund the purchase of equipment from Nokia Oyj. The loan would be used to purchase 5G equipment from Nokia, which would help RJIO to expand its 5G network in India. The loan is being … Read more