Nokia has been awarded a multi-year, multi-billion extension deal by Bharti Airtel (Airtel) to deploy 4G and 5G equipment across key Indian cities and states. As per the contract, Nokia will deploy equipment from its cutting-edge 5G AirScale portfolio including base stations, baseband units and the latest generation of Massive MIMO radios, all powered by its energy-efficient ReefShark System-on-Chip technology. These solutions will enhance Airtel's network with exceptional 5G capacity and coverage and support its network evolution. Furthermore, Nokia will modernize Airtel's existing 4G network with multiband radios and baseband equipment, which can also support 5G. Airtel will also be leveraging Nokia's MantaRay Network Management for intelligent network monitoring and management that uses AI-based tools covering digital deployment, optimization and technical support. Powered by Capital Market - Live

Furthering its mission to build future-ready data centre infrastructure that is ''Intelligent by Design and Sustainable by Choice'', Nxtra by Airtel, one of India''s leading data centre companies, has deployed Artificial Intelligence (AI) in its data centres to drive operational excellence. With this, Nxtra by Airtel has become the first data centre in India to leverage AI to build new-age digitised facilities engineered to drive smart capabilities like predictive maintenance, enhanced operational and energy efficiency, streamlined automation of operations and optimised capex utilisation. The deployment leverages the AI-powered SmartSense platform of leading AI expert in the infrastructure industry, Ecolibrium. Nxtra implemented the AI technology in its Chennai data centre first and will now deploy the capabilities across all its core data centres. With the deployment, Nxtra aims to achieve key efficiency milestones including: -10% increase in asset life through real time performance analytics to identify early signs of deterioration and provide corrective recommendations 'h - 10% reduction in non-IT power consumption through early identification of deviations and energy loss in each piece of equipment 'h -15% increase in equipment performance through AI-driven Fault Detection and Diagnostics (FDD) algorithms and preventative maintenance 'h -25% improvement in productivity with intelligent and proactive insights across all DC operationsPowered by Capital Market - Live

Bharti Airtel joined hands with the Indian Army to launch its network in Galwan and Daulat Beg Oldie (DBO), the northernmost military outpost in the border town. This makes Airtel the only private telecom service provider to offer its services 16700 ft. above the sea level. The Company has installed 17 mobile towers across Kargil, Siachen, Galwan, Daulat Beg Oldie (DBO) and the Changthang regions, extending connectivity to remote villages of Ladakh. Airtel worked with the Leh Signalers to execute this challenging task. Galwan and Daulat Beg Oldie (DBO) are both located in the Ladakh region on the Indo China border at the northeastern corner of the Karakoram Range.Powered by Capital Market - Live

Securities in F&O Ban: Dixon Technologies, Escorts Kubota, IDFC First Bank, Indiamart Intermesh, L&T Finance, Manappuram Finance, Punjab National Bank, RBL Bank. Result Today: Adani Enterprises, Adani Ports, Allied Blenders, Voltas, Hitachi Energy, Marico, Cipla, Maruti Suzuki (Standalone), APL Apollo, Canara Bank (Standalone), Welspun Enterprises, Edelweiss Financial (Standalone), Force Motors, GSK Pharma, HUDCO, Vedant Fashions, Motisons Jewellers, Prestige Estates, Somany Ceramics, V-Guard Industries, V-Mart Retail, and Kirloskar Brothers will declare their result later today. Stock to Watch: Bharti Airtel reported a consolidated net profit of Rs 3,593.2 crore in Q2 FY25, steeply higher than Rs 1,340.7 crore posted in Q2 FY24. Revenue from operations increased 11.95% YoY to Rs 41,473.3 crore in Q2 FY25, driven by strong momentum in India and sustained constant currency growth in Africa. Suzlon Energy's consolidated net profit jumped 96% to Rs 200.60 crore in Q2 FY25 as compared with Rs 102.29 crore posted in same quarter last year. Revenue increased 48% YoY to Rs 2,103.38 crore during the quarter. Gillette India's standalone net profit increased 43% to Rs 133 crore on 17% increase in revenue from operations to Rs 1782 crore in Q2 FY25 over Q2 FY24. Tata Technologies' consolidated net profit declined 2.9% to Rs 157 crore on 2.2% increase in revenue to Rs 1,296 crore in Q2 FY25 over Q2 FY24. Pfizer's standalone net profit increased 6.3% to Rs 158 crore on 2.3% increase in revenue from operations to Rs 589 crore in Q2 FY25 over Q2 FY24. Ideaforge Technology reported net loss of Rs 13.72 crore in Q2 FY25 as compared with net profit of Rs 0.8 crore in Q2 FY24. Revenue from operations increased 56.34% YoY to Rs 37.10 crore in Q2 FY25.Powered by Capital Market - Live

Bharti Airtel's revenue from operations increased 11.95% YoY to Rs 41,473.3 crore in Q2 FY25, driven by strong momentum in India and sustained constant currency growth in Africa. Profit before exceptional items and tax grew by 22.52% to Rs 6,751.1 crore in Q2 FY25 as compared to Rs 5,510 crore reported in Q2 FY24. The firm reported exceptional items of Rs 853.7 crore during the quarter. EBITDA increased 12% to Rs 22,021 crore in Q2 FY25 as against to Rs 19,665 crore reported in Q2 FY24. The EBITDA margin held steady at 53.1% in Q2 FY25 compared to Q2 FY24. Total capex spend for the quarter was at Rs 7,675 crore. Consolidated mobile data traffic at 19,742 PBs in the quarter with a healthy YoY growth of 23.6%. During the quarter, overall customer base stood at approximately 563 million across 15 countries. India revenues for Q2 FY25 were at Rs 31,561 crore, increased by 16.9% YoY. Mobile revenues grew by 18.5% YoY, led by tariff repair and relentless focus to premiumize the portfolio with quality customers. Average revenue per user (ARPU) for the quarter stood at Rs 233, up 14.77% as compared to Rs 203 in Q2 FY24. The telecom operator strengthened its leadership position in postpaid segment with sustained momentum in net adds of 0.8 million in Q2 FY25 thereby reaching a customer base of 24.7 million. Its market share in smartphone segment saw continued improvement with addition of 26.2 million, increase of 11.0% YoY. Airtel Business delivered revenue growth of 10.7% YoY despite of macro headwinds in the global segment. Domestic business continues to showcase healthy growth trends. Its emerging digital products are also seeing strong traction. Airtel's Homes business delivered a revenue growth of 17.3% year-over-year, driven by strong customer additions. During the quarter, the company accelerated its FWA expansion, resulting in a significant increase of 583,000 customers, bringing the total base to 8.6 million. The company continues to rapidly expand its home-pass network through its own assets and a partnership model with local cable operators. Digital TV reported revenue of Rs 759 crore with a customer base of 15.8 million. The company continues to gain market share through its market-specific strategy and differentiated converged offerings. As of 30 September 2024, the Net Debt-EBITDA ratio, including lease impact, stood at 2.50 times. Africa's revenue (in constant currency) was at $1,263 million, representing a 20.8% increase compared to $1,046 million in the corresponding quarter last year, driven by growth across all regions, including Nigeria, East Africa, and Francophone countries. Customer base was around 157 million. Capex for the quarter was Rs 1,415 crore. Gopal Vittal, MD, Bharti Airtel, said, 'We delivered another quarter of solid performance, with India revenue growing 8.7% sequentially. Africa maintained strong revenue growth momentum as well with 7.7% constant currency growth. The flow thru of tariff repair is in-line with our expectation on ARPU increase and SIM consolidation. We reported industry leading ARPU of Rs 233. Our focus on winning quality customers and driving premiumization has helped us add 4.2 million smartphone customers. We continue to expand our Wifi coverage with FWA offerings to over 2,000 cities. We continue to invest in our digital businesses to diversify portfolio strength and drive long term growth. Airtel also continues to invest in a future ready digital network to deliver brilliant customer experience - we launched India's first AI-powered, network-based spam detection solution to solve the endemic problem of spam calls and messages. Our 5G network has once again received validation from Open signal ' Airtel was awarded all the five awards on 5G network experience. Our balance sheet remains solid, supported by cash generation and continued deleveraging. During the quarter, we prepaid another tranche of Rs 8,465 crore of high cost spectrum dues. At the same time, we believe that industry needs further tariff repair for sustained investments given that ROCE for India is still only 11 percent.' Bharti Airtel is a global communications solutions provider with over 550 million customers in 15 countries across South Asia and Africa. Powered by Capital Market - Live

Bharti Airtel has approved the appointment of Rajan Bharti Mittal as an Additional Director in the capacity of a Non-Executive Director with effect from October 28, 2024 in place of Rakesh Bharti Mittal, who has been appointed as a Non-Executive Director on the Board of Bharti Hexacom Limited and has also been nominated on the Board of Indus Towers Limited ('Indus Towers').Powered by Capital Market - Live

Net profit of Bharti Airtel rose 168.01% to Rs 3593.20 crore in the quarter ended September 2024 as against Rs 1340.70 crore during the previous quarter ended September 2023. Sales rose 11.96% to Rs 41473.30 crore in the quarter ended September 2024 as against Rs 37043.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales41473.3037043.80 12 OPM %52.6852.68 - PBDT17751.1015244.30 16 PBT6751.105510.00 23 NP3593.201340.70 168 Powered by Capital Market - Live

Bharti Airtel announced that it is the first telecom service provider to offer uninterrupted 5G connectivity across the ten new stations of the newly inaugurated Mumbai Metro Line-3, also known as the Aqua Line. This underground infrastructure is a groundbreaking step to connect the financial capital from the Bandra Kurla Complex (BKC) to Aarey, spanning the crucial Jogeshwari-Vikhroli Link Road (JVLR) section. Powered by Capital Market - Live

Airtel Business, the B2B arm of Bharti Airtel, and Vonage, a global leader in cloud communications that helps businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), have partnered to launch Airtel IQ Business Connect  - a device-agnostic, unified business communications application that will help enterprises in India to simplify their customer engagement. Airtel IQ Business Connect is a customised multi-channel unified communications application that will enable businesses to enrich their customer experiences by maintaining consistent, long-lasting customer engagement while also overcoming challenges of data loss that can arise during employee transitions or attrition. With the new application, new employees will be equipped to seamlessly maintain continuity in customer communications across a range of devices including mobile phones, tablets and laptops, through a single interface, ensuring strong customer loyalty and stickiness. Enterprises can effortlessly adopt the application without the need for any additional hardware investments.  Airtel IQ Business Connect, powered by Vonage, is a part of Airtel Business's cloud communications offering - Airtel IQ. The application will enable enterprises in India to empower all their employees, including their hybrid workforce, as well as personnel such as relationship managers, field force and others, to seamlessly communicate with their stakeholders 24X7, thereby enabling enhanced customer engagement. Powered by Capital Market - Live

Bharti Airtel will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live