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 ‘Del Monte Foods Private Limited’
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 ‘Power of Free’ 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! 💪🏼
Here we go:
𝟏. 𝐉𝐢𝐨, 𝐀𝐢𝐫𝐭𝐞𝐥 𝐥𝐚𝐮𝐧𝐜𝐡𝐢𝐧𝐠 𝐭𝐡𝐞𝐢𝐫 𝐨𝐰𝐧 𝐬𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞𝐬 𝐢𝐧𝐭𝐨 𝐬𝐩𝐚𝐜𝐞 🛰️
In a move that's set to shake up Indi...
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