Two companies will also collaborate to evolve standards for 5G, network functions visualization (NFV), software-defined networking (SDN) and internet of things (IoT)
India’s leading telecommunications service provider Bharti Airtel on Wednesday announced that it has entered into a strategic alliance with South Korean Telecom operator SK Telecom to build the most advanced telecom network in India. It will have capacity to identify, monitor and deliver improvements to the network experience on an individual basis.
The two companies will also collaborate on an ongoing basis to evolve standards for 5G, network functions visualization (NFV), software-defined networking (SDN) and internet of things (IoT), and jointly work towards building an ecosystem for the introduction of these technologies in the Indian context.
“This partnership will bring a dramatically improved experience to Airtel customers in India by leveraging the expertise of a company that has built one of the best mobile broadband networks in the world,” Bharti Airtel Chairman, Sunil Mittal said in the statement.
“SK Telecom is delighted to announce a strategic partnership with Bharti Airtel. SK Telecom will work closely with Bharti to achieve new network innovations so as to deliver a greater value to Bharti’s customers,” SK Telecom President and CEO Park Jung-ho said.
SK Telecom has led the development of the global mobile telecommunications industry by launching CDMA (2G), WCDMA (3G) and LTE-A (4G) for the first time in the world and has been offering up to 500 Mbps 4G speed using carrier aggregation technology.
Following the agreement, Bharti Airtel shares were trading 0.09% down at Rs 404.45, while BSE Sensex was up 122 bps or 0.38 per cent at 32,280.70
According to a Telecom Regulatory Authority of India (TRAI) report, Reliance Jio has been offering about double the speed delivered by its closest rival at around 18 megabits per second.
There has been an interminable quest for supremacy among Indian telecom operators for delivering high-speed mobile broadband solutions to its consumers.