Ericsson Snags $2 Billion Bharti Deal

The Swedish telecom equipment supplier will help India's largest telco extend the reach of its GSM network

In a statement issued last Thursday, Manoj Kohli, president and CEO of Bharti Airtel, said the company's decision to expand its network will not only allow Bharti to offer more products and services to its customers, it will also help grow its market share in India. According to Kohli, the company hopes to enlarge its current mobile subscriber base—which number 40.74 million users—by enlisting new customers from the country's rural regions.

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