Bharti Airtel has decided not to restructure its business after determining that its current structure is “optimal for leveraging” reforms announced by India’s government in September 2021.
Bharti Airtel on Tuesday said the scheme for a new corporate structure it had announced on April 14, 2021, has been "withdrawn" as the board is of the view that its existing structure is optimal for tapping emerging opportunities and unlocking value while scaling up digital businesses. The "seminal" telecom sector reforms package announced by the government has significantly
Bharti Airtel announces a new corporate structure The move comes at a time players are positioning themselves beyond the core telephony offerings
Bharti Airtel on Wednesday announced a new corporate structure to sharpen the company’s focus on rapidly unfolding digital opportunities.
The move comes at a time players are positioning themselves beyond the core telephony offerings as they enhance digital engagement, build future streams of revenue and create brand differentiation, besides redefining themselves as a larger platform of digital services, say market watchers.
Bharti Airtel said the restructuring exercise would focus on four distinct verticals digital, India, international and infrastructure.