Bharti Airtel forms new telecom entity for big digital push
Bharti Airtel Ltd on Wednesday announced a new corporate structure that will allow the telco to sharpen its focus on digital assets and unlock value from India’s digital opportunity. Bharti Telemedia Ltd, a wholly-owned direct-to-home subsidiary of the telco, will continue to operate as a separate entity for now but will eventually be merged with Airtel Ltd, the company said. It is intended to eventually fold the DTH business into Airtel Ltd to move towards the National Digital Communications Policy, 2018, vision of converged services to customers,” the firm said. “The new structure sets the exciting future course for Bharti Airtel and puts focus on four distinct businesses—digital, India, international and infra, each in a razor-sharp way,” said Sunil Mittal, chairperson, Bharti Airtel.
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