Airtel to spend USD9bn over three years on network modernisation

30 Nov 2015

Indian telecoms giant Bharti Airtel has earmarked an investment of INR600 billion (USD9 billion) for the upgrade of its pan-Indian network over the next three years under ‘Project Leap’, the Economic Times reports. The ten-point programme will see the company double the number of its base stations from 160,000 to 320,000 over the next ten years, in addition to the modernisation of the network, upgrade of the copper line, swap of legacy networks and a 70% reduction in carbon footprint. The investment will enable Airtel’s customers to benefit from broadband speeds of 50Mbps (up from the 16Mbps downlink currently on offer) by 2016. Going forward, Airtel is planning to offer speeds of up to 100Mbps via its fibre-to-the-home (FTTH) network. Gopal Vittal, managing director of India and South Asia at Bharti, said the company will fund the investment through cash accruals, with most of the money expected to be spent on CAPEX and airwaves

India, Bharti Airtel