Nokia Eyes Multi-Billion Dollar 5G Deal with Bharti Airtel in India

Nokia is in advanced talks with Bharti Airtel to secure a substantial contract for providing 5G telecom equipment, aiming to capitalize on the Indian mobile operator’s network expansion. This potential deal comes amidst slowing demand in India after a surge last year and follows Ericsson’s successful multi-billion dollar contract with Airtel. The agreement would involve Nokia’s latest technology, Air Scale mobile radios, supporting 5G-Advanced and reducing energy costs.

Bharti Airtel Chairman Sunil Mittal’s Remuneration Soars to Rs 32.27 Crore

Sunil Mittal, chairman of Bharti Airtel, saw his gross remuneration jump to Rs 32.27 crore in the financial year 2023-24, driven by a combination of salary, allowances, and performance-linked incentives. Mittal, a self-made billionaire, is one of India’s wealthiest businessmen with a net worth exceeding USD 11.5 billion. His company, Bharti Airtel, boasts a market cap of Rs 886,000 crore and serves over 500 million customers across South Asia and Africa.

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