Airtel Share Price Today: Gains Driven by Strategic Partnership with Fortinet

Monday, 7 October 2024, 00:36

Airtel share price is experiencing a resurgence today following a partnership with Fortinet to introduce 'Airtel Secure Internet.' This collaboration aims to enhance cybersecurity for businesses. With a 1.3% increase, Airtel reflects a positive market response to this innovation in online security solutions.
Moneycontrol
Airtel Share Price Today: Gains Driven by Strategic Partnership with Fortinet

Airtel Share Price Overview

Airtel share price saw a notable increase on October 7, rebounding after five consecutive days of decline.

Airtel Secure Internet Launch

The rise in Airtel share price can be attributed to a new collaboration with Fortinet aimed at launching the innovative 'Airtel Secure Internet' service.

  • Airtel Secure Internet provides comprehensive cybersecurity solutions.
  • The stock reached Rs 1,662.30 on the NSE, marking a 1.3% gain.
  • It reached an intraday high of Rs 1,670, up 1.77%.

Details of the Partnership

The partnership is expected to strengthen security measures for Internet Lease Line (ILL) circuits, integrating Airtel’s connectivity with Fortinet’s firewall technology.

  1. Comprehensive protection via Airtel’s Security Operations Centre.
  2. Leverage of Fortinet’s SOAR platform for enhanced threat management.

Leadership Insights

Sharat Sinha, CEO of Airtel Business, emphasized the company’s pioneering role in delivering inclusive Cyber Secured ILL services in India. He stated, “With Airtel Secure Internet, enterprises gain a future-proof security solution without substantial capex.”

Market Implications of Airtel Share Price

The introduction of Airtel Secure Internet positions Airtel as a key player in the cybersecurity space, offering businesses robust connectivity across locations including headquarters and remote sites.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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