Airtel to invest Rs 60,000 crore in 3 years on network expansion

New Delhi: Bharti Airtel Monday said it will invest Rs 60,000 crore over three years on expanding networks that will help improve the quality of services.

It said that as part of 'Project leap', it will deploy over 70,000 base stations in the current fiscal, while over three years, more than 1,60,000 base stations will be put up across the country.

This proposed investment of Rs 60,000 crore is over and above Rs 1,60,000 crore the company has already invested in its active and passive network, spectrum, fiber, submarine cables and systems till date.

Bharti Airtel (India & South Asia) MD & CEO Gopal Vittal said: "Today we are excited to launch 'Project Leap' which will catapult the Airtel network to be a world class network in the coming three years.

"We are confident that this new initiative will deliver a truly differentiated customer experience and reinforce our commitment to build a future ready network."

Airtel said the comprehensive 10-point programme under 'Project Leap' will enable it to take a decisive lead in delivering a differentiated customer experience.