Bharti Airtel planning to start 4G services in one month

India's telecom major Bharti Airtel is planning to start 4G services in india. already they started working with Qualcomm to get 4G license for Rs 6000 crore, Airtel on Tuesday(april10,2012) said it will be ready to launch 4G services in Bangalore in a month time.

"We will be ready for launching it (4G service) in Bangalore in 30 days time. We have selected Huawei (as network equipment vendor) for Bangalore," Bharti Airtel CEO Sanjay Kapoor told reporters in a call.

Today, Bharti Airtel announced that they are planning to launch 4G telecom service using TD-LTE technology in Kolkata. Chinese telecom equipment giant ZTE has been selected as a network provider for providing technology, equipments and service for 4G.

In indian stock market, the share went to 325.40 and its trading at 326.90 range which is approximately 1% down and it touched an intraday high of Rs 330.

It was trading with volumes of 117,913 shares. In the yesterday trading session, the share closed at Rs 330.35 which is 0.02% or Rs 0.05 down. Airtel's trailing 12-month (TTM) EPS was at Rs 20.32 per share. (as on Dec, 2011). Its's price-to-earnings (P/E) ratio was

16.16. The latest book face value of the company is Rs 115.42 per share. At present value, the price-to-book value of the company was 2.85. The dividend yield of the company was 0.3%.