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Airtel Payments Bank is an Indian payments bank with its headquarters in New Delhi. [3] The company is a subsidiary of Bharti Airtel. [4] On 5 January 2022, it was granted the scheduled bank status by the Reserve Bank of India under the second schedule of RBI Act, 1934. [5]
Airtel 4G trials has been started in Delhi from 18 June 2015. [27] Airtel had 95,173,000 4G subscribers as of June 2019. [28] As of June 2019, Airtel provides 4G coverage in all India in 22 circles. [29] Airtel extended its 4G network to 15 km off India's coastline, following a request by the Indian Navy. [30]
Bharti Infratel Limited was a telecommunications infrastructure company that provided telecom infrastructure such as telecom towers, fiber networks and other related infrastructure. [53] Headquartered in Gurugram , Haryana , the company was established by Bharti Airtel in July 2007 by spinning-off its mobile towers to a new wholly-owned subsidiary.
Atria Convergence Technologies Limited, branded as ACT, is an Indian telecommunications company headquartered in Bengaluru, Karnataka, India.ACT offers fibre to the home (FTTH) services under the brand name "ACT Fibernet" and digital television services under the "ACT Digital" brand.
Paytm Payments Bank and Airtel Payments Bank together command over 88% of the deposits in payment banks in India in 2018. According to the Reserve Bank of India's report on ‘Trend and progress of Banking in India 2017-2018', the payment banks reported losses in the financial year 2017-2018, after a weak performance in the FY 2016-17. [14]
Post-independence, growth remained slow because the telephone was seen more as a status symbol rather than being an instrument of utility. The number of telephones grew leisurely to 980,000 in 1971, 2.15 million in 1981 and 5.07 million in 1991, the year economic reforms were initiated in the country.
After the launch of Reliance Jio in 2016, Internet data rates dropped considerably, and telecom companies expanded their fiber optic networks in competition. Today, internet access in India is provided by both public and private companies using a variety of technologies and media, including dial-up (PSTN), xDSL, coaxial cable, Ethernet, FTTH ...
The A.P. Fiber Grid Phase established a high-speed optical fiber network infrastructure across the state, funded by the Electricity Department. [6] 24-core all-dielectric self-supporting cables were to be wrapped around electrical poles and laid for a length of around 23,000 km (14,000 mi), featuring back-end electronic systems set up at points of interests.