Bharti Airtel gains on partnering with Apple

27 Aug 2024 Evaluate

Bharti Airtel is currently trading at Rs. 1523.45, up by 9.80 points or 0.65% from its previous closing of Rs. 1513.65 on the BSE.

The scrip opened at Rs. 1523.55 and has touched a high and low of Rs. 1526.00 and Rs. 1502.55 respectively. So far 86417 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1539.10 on 28-Jun-2024 and a 52 week low of Rs. 847.60 on 31-Aug-2023.

Last one week high and low of the scrip stood at Rs. 1526.00 and Rs. 1447.10 respectively. The current market cap of the company is Rs. 924961.70 crore.

The promoters holding in the company stood at 53.17%, while Institutions and Non-Institutions held 43.87% and 2.95% respectively.

Bharti Airtel and Apple have entered into a strategic partnership to bring Exclusive Offers of Apple TV+ and Apple Music to customers in India. Large screen video content viewership is growing at a fast pace in India, and there is a large appetite for high quality video content among Indian users. Apple TV+ offers premium, compelling drama and comedy series, feature films, groundbreaking documentaries, and kids and family entertainment, and is available to watch across all favourite screens. Since launch, Apple TV+ has premiered more original hits and received more award recognitions faster than any other streaming service in its debut.  Airtel Xstream fiber also offers a large selection of TV shows, movies and web series which come included with the WiFi plans, and the addition of Apple TV+ will further enrich this content offering. Apple TV+ will come bundled with premium Airtel WiFi and Postpaid plans.

Airtel will also bring an amazing music listening experience to its customers in India through exclusive offers of Apple Music, available to Wynk Premium users. The award winning Apple Music offers one of the largest global collections of both Indian and global music as well as expertly curated playlists, artist interviews, Apple Music Radio and so much more. Apple Music subscribers also have access to exciting features like Apple Music Sing and time?synced lyrics as well as lossless audio, and immersive Spatial Audio. Wynk Music has been at the forefront of offering quality music content for customers. Wynk Premium users will roll into Apple Music and get exclusive offers. These Apple Music and Apple TV+ offers will become available exclusively to Airtel customers in India, later this year.

Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.

Bharti Airtel Share Price

1570.10 45.15 (2.96%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1570.10
Vodafone Idea 6.67
Indus Towers 330.10
Tata Communications 1739.05
Bharti Hexacom Ltd. 1328.35
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.