Airtel buys stake in British Telecom.
Big strides made by indian telecom industry, and airtel. BT was one of the investors in Airtel when it started.
TIL Bharti (owner of airtel) is also in FMCG.
Del Monte Foods Private Limited is a 50:50 joint venture between Bharti Enterprises and Del Monte Pacific Limited
2010 - Bharti unveils FieldFresh in joint venture with Del Monte
2021 - FieldsFresh Foods renames itself โDel Monte Foods Private Limitedโ
This revenue diversification and risk mitigation strategy of Airtel makes even more sense in 2023 after how Jio, backed by Reliance's financial strength, came from nothing in 2016, exercised the โPower of Freeโ market penetration strategy, and basically captured the telecom market.
Big strides made by indian telecom industry, and airtel. BT was one of the investors in Airtel when it started.
Happy Friday! The weekend is almost here but the news never stops! ๐ช๐ผ
Here we go:
๐. ๐๐ข๐จ, ๐๐ข๐ซ๐ญ๐๐ฅ ๐ฅ๐๐ฎ๐ง๐๐ก๐ข๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐จ๐ฐ๐ง ๐ฌ๐๐ญ๐๐ฅ๐ฅ๐ข๐ญ๐๐ฌ ๐ข๐ง๐ญ๐จ ๐ฌ๐ฉ๐๐๐ ๐ฐ๏ธ
In a move that's set to shake up Indi...