Bharti Airtel, India's largest telecommunications services provider has said that it has entered into a strategic partnership with SK Telecom, Korea's largest telecommunications company and a world leader in building cutting edge networks.
Airtel will leverage SK Telecom's expertise to build the most advanced telecom network in India. The partnership will work across several areas including developing bespoke software to dramatically improve network experience, leveraging advanced digital tools including machine learning, big data and building customized tools to improve network planning based on every customer's device experience.
The capacity to identify, monitor and deliver improvements to the network experience on an individual device basis will be a first in India, helped by SK Telecom's global leadership in this area.
The two companies will also collaborate on an on-going basis to evolve standards for 5G, Network Functions Virtualization (NFV), Software-defined Networking (SDN) and Internet of Things (IoT), and jointly work towards building an enabling ecosystem for the introduction of these technologies in the Indian context.
Meanwhile, shares of the company were trading at Rs 403.95 apiece, down 0.23 per cent from the previous close at 10:44 hours on BSE.