Bharti Enterprises to acquire majority stake in BT

Bharti Enterprises has announced plans to acquire a majority stake in BT, the UK’s largest broadband and mobile provider.

Bharti will purchase approximately 24.5% of BT Group from its current top shareholder, Altice. The acquisition will be executed through Bharti Global, the international investment arm of Bharti Enterprises.

Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, commented on the historical significance of this move: "Bharti and BT have an...

12 August 2024 | 5G

OneWeb is ready to rival Starlink after weekend launches

OneWeb successfully launched 36 new satellites over the weekend, marking a key milestone for the UK-based outfit.

The successful deployment and contact of the satellites were confirmed by NewSpace India Limited (NSIL) after a launch from the Satish Dhawan Space Centre in Sriharikota, India.

“NSIL would like to thank OneWeb for believing in our capabilities and giving us this important opportunity to undertake the mission,” said Radhakrishnan D, Chairman-cum-Managing...

28 March 2023 | Hot Topics

India plans nationwide 5G coverage within two years

The Taj Mahal at the sunrise.

India's National Broadband Mission, which operates under the Ministry of Communications, has revealed that the country's Government will announce the launch of 5G services in the country at India Mobile Congress on October 1.

Mukesh Ambani, India's Reliance Industries’ chairman, Bharti Airtel’s CEO, Sunil Mittal, and Vodafone Idea India’s CEO, Ravinder Takkar, are expected to unveil the plan during a joint presentation at the event.

According to reports, the...

28 September 2022 | 5G

India is the latest country preparing to ban Huawei from its 5G

India is set to become the latest country to ban Chinese telecoms vendors Huawei and ZTE from its 5G networks.

New rules will prevent any bids from countries which India shares a land border with under amended investment rules that cite concerns over national security.

Earlier this year, a brutal clash between Chinese and Indian troops at a decades-old disputed Himalayan border left a trail of fatalities – many soldiers were beaten to death with barbed wire clubs, or...

14 August 2020 | Legislation & Government

Facebook invests $5.7 billion in Indian telco Reliance Jio

Facebook has invested a rather substantial sum in Indian telecoms giant Reliance Jio.

Earlier this year, Reliance Jio overtook Vodafone Idea to become the largest operator by userbase in India.

With its over 1.3 billion population, the Indian market offers huge growth potential; especially for a company like Facebook.

In a Facebook post, CEO Mark Zuckerberg wrote:

"Facebook is teaming up with Jio Platforms -- we're making a financial investment, and...

22 April 2020 | Networks