Bharti Airtel’s shares jumped 2.5% after the telecom giant announced a strategic partnership with SpaceX to bring Starlink’s high-speed satellite internet to India. This groundbreaking collaboration aims to enhance internet connectivity across the country, particularly in rural and remote areas.
The agreement, pending regulatory approvals, will allow Airtel to integrate Starlink’s advanced satellite technology with its extensive market expertise. This move is expected to bridge the digital divide, offering businesses and individuals seamless and reliable internet access.
Key highlights of the partnership include:
- Starlink equipment availability in Airtel’s retail stores
- Enhanced enterprise solutions through Starlink’s high-speed connectivity
- Support for schools, healthcare centers, and underserved communities
This partnership complements Airtel’s existing collaboration with Eutelsat OneWeb, reinforcing its leadership in nationwide connectivity solutions. By leveraging cutting-edge satellite internet, Airtel strengthens its position in India’s growing digital landscape.
Bharti Airtel’s shares opened at ₹1,690.00, reaching a high of ₹1,716.65 and a low of ₹1,690.00 during the trading session. The stock remains close to its 52-week high of ₹1,779.00, reflecting strong market sentiment.
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