Bharti Airtel Divests Over 3,500 Mobile Towers In Africa To Eaton
Advertisement
Advertisement
In a cost-cutting exercise, "This agreement (with Eaton) represents the next phase of Airtel's growth journey in Africa. We are strong proponents of telecoms infrastructure sharing, which results in industry-wide cost efficiencies," said
The latest agreement with Eaton will allow Bharti Airtel focus on its core business and customers and will significantly reduce its on-going capital expenditure on passive infrastructure.
Advertisement
The Eaton pact would lead to "superior usage of passive infrastructure and help drive the proliferation of affordable mobile services across Africa," concluded Manoj Kohli.
(Image: The Economic Times)
Advertisement
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- 7 Nutritious and flavourful tiffin ideas to pack for school
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market