Stocks of Bharti Airtel broke a 8 day losing streak
Advertisement
Advertisement
As a consequence, mobile companies will now be allowed to share radio waves in the same frequency in a bid to cut down congestion and improve voice quality. Call drops, the bane of mobile users in India, will also come down. This is a major step forward for the sector, which until recently was allowed to share only passive infrastructure such as mobile towers. Companies will also face lower costs when it comes to installing equipment which improves call quality.
Bharti Airtel gained 10.9 rupees, or 2.7 percent, to 409.55 rupees on the National Stock Exchange were 21 lakh shares changed hands by 11:10 AM compared with a 5-day average of 33 lakh shares.
Bharti's market capitalisation has gained 11 percent in one year to 1.64 lakh shares.
Image credit: Indiatimes
Advertisement
Advertisement
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie