Airtel’s latest renewal came weeks after Vodafone Idea signed $3.6 billion equipment deals with all three equipment vendors to expand its 4G network and gradually roll out 5G services.

Communications giant, Nokia (NOK, Financial) is in currently in talks with Bharti Airtel for a multi-billion dollar contract in supplying 5G telecom equipment, according to a Reuters report. The deal would entail Nokia's AirScale mobile radios,

The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs

Nokia (NYSE:NOK) is in discussions with Bharti Airtel about securing a multi-billion dollar agreement to provide 5G telecom equipment to the Indian mobile operator, which is bolstering its network, Reuters reported citing people with knowledge of the matter.