Bharti Airtel to shut down 3G network across the country by December

Airtel on Thursday reported its first quarterly net loss in over a decade at Rs 2,866 crore as it continues to battle competition from Reliance Jio

Bharti Airtel on Friday said it would shut down its 3G network across the country by December and utilise the same for more efficient technology.

The company on Friday saw its shares surge 6 per cent on the bourses a day after its first quarter results showed signs of recovery in its mobile services. In the post earnings conference call, Bharti Airtel Chief Financial Officer Badal Bagri said, “We now have a plan to pretty much shut the 3G networks across the country by December. So you will see a lot of action in this quarter.” The company has shut down