Airtel announces Rs. 60,000 crore investment to improve network quality
Bharti Airtel on Monday announced that it is set to invest Rs. 60,000 crore under its strategic project called ‘Project Leap’. The new investment will help the telecom operator to improve its existing network quality as well as enable to uplift its customer experience.
The investment of Rs. 60,000 crore is expected to be completed in the next three years and is above the Rs. 1,60,000 crore that Airtel already claimed to have invested in its active and passive network, spectrum, fiber, submarine cables and systems till date. The operator is aiming to deliver a “world-class voice and data experience” for its subscribers in India using the new investment. “At Airtel, customers are at the heart of everything we do and delivering a world-class experience for them has always been our topmost priority,” said Gopal Vittal, MD and CEO, Bharti Airtel (India and South Asia), in a press statement.
“Our large customer base covers rural, urban, homes and enterprises and we are obsessed about delivering an exceptional experience for each one of them so as to win them for life. Today we are excited to launch ‘Project Leap’ which will catapult the Airtel network to be a world-class network in the coming three years. We are confident that this new initiative will deliver a truly differentiated customer experience and reinforce our commitment to build a future ready network.”
Airtel says that it will deploy over 70,000 base stations in the FY 15-16 and by March 2016, more than 60 percent of the total network will become mobile broadband enabled to provide telecom access across various remote areas. The telecom operator is aiming to expand its mobile broadband coverage to all towns and over 250,00 villages in India using the new network infrastructure. Also, there are plans to stretch the concept of mobile broadband to over 500,000 villages in the country in the next three years.
Apart from the expansion of mobile broadband, the new investment will enable Airtel to broaden the deployment of its domestic and international fiber network. The operator is also set to modernise its home broadband network, using the new age Vectoring technology. This will increase the existing 16Mbps speeds to 50 Mbps and will also bring massive up to 100Mbps speeds.
The deployment of new technologies will reduce power consumption that will bring down the carbon footprint by up to 70 percent on a per unit basis in the next three years. Airtel is set to use compact base stations and small cells to help reducing the carbon footprint.
New Delhi-headquartered Airtel is one of the three leading telecom operators worldwide. The operator has its presence in 202 countries across Asia and Africa and is one of the leading 4G players in the Southeast-Asian region.