Achievements in
FY 2015-16
- Operational
Highlights
- Financial
Highlights
2015
May
- Received Bilateral Financing Commitments of up to USD 2.5 Bn from China Development Bank and Industrial and Commercial Bank of China.
June
- Airtel becomes the third largest mobile operator in the world.
- Signed an agreement to acquire 100% equity stake in Augere Wireless Broadband India.
July
- Rolled out a national mobile number portability.
- Announced the launch of first indigenously manufactured DTH set top boxes; in step with the Government’s ‘Make in India’ initiative.
- In collaboration with the Government of Madhya Pradesh, launched an internet literacy programme - ‘e-Shakti’, to build internet awareness and access for women working with various government departments and for girl students of government-run schools and colleges.
August
- Introduced new range of ‘Infinity Plans’ (industry first plan) and an industry first technology platform – Flexpage.
- Launched ‘Wynk Movies’ – carrier agnostic mobile application offering customers thousands of movies and other video content.
- Entered into strategic partnership with Uber in India.
September
- Signed pan-African agreement with Liquid Telecom to provide fibre connectivity to towers.
- Won ‘Golden Peacock Award for Sustainability’ for the year 2015.
October
- Launched high speed 4G services commercially in 334 towns across India.
- Concluded the sale of about 9,000 telecom towers in eight African countries. Total proceeds from all the concluded transactions is over USD 1.8 Bn.
November
- Wynk Music crossed 12 Mn downloads.
- Announced ‘Project Leap’ - largest capital expenditure of ` 600,000 Mn in the next three years towards a comprehensive network transformation.
2016
January
- Entered into an exclusive discussion with Axiata Group to explore the possibility of combining the business operations of their subsidiaries in Bangladesh, namely, Robi Axiata.
- Signed a definitive agreement with Orange to sell operations in Burkina Faso and Sierra Leone.
February
- Became the first mobile operator in India to commercially deploy LTE-Advanced (4G+) technology on a live 4G network in Kerala. LTE-Advanced carrier aggregation technology combines TD LTE (2300 MHz) with FD LTE (1800 MHz) bandwidths to deliver mobile data speeds up to 135 Mbps.
- Airtel Rwanda received the award of best 4G Mobile Network Operator for the year 2015 for exceptional performance in 4G LTE by Olleh Rwanda Networks (ORN).
March
- Entered into a definitive agreement with Videocon Telecommunications Limited (VTL) to acquire, rights to use 2x5 MHz spectrum in the 1800 MHz Band in six circles at an aggregate consideration of ` 44,280 Mn.
- Kotak Mahindra Bank Limited agreed to acquire 19.90% of the paid-up capital of Airtel Payments Bank Limited.
- Entered into agreement for the sale of over 1,300 telecom towers in Tanzania to American Tower Corporation (ATC).
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