Bharti Airtel will be holding a board meeting on Wednesday, February 17, 2021, to mull strategic plans and a possible reorganisation of shareholding in subsidiary companies. Telecom expert Rajiv Sharma shared his views and outlook and said that he believes Bharti Airtel is trying to create a structure that is on the lines of what Jio has done.
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“However, Bharti plans to have Airtel Digital and to have a separate mobile business unit and a holding company above that unlike Jio where you have the digital platform owning the mobile company,” he said.
Sharma also said, “The idea behind this upcoming meeting is to put in various nuances which will help Bharti Airtel enable this and the broader idea is that Bharti management seems to be giving an option to the investors – those who want to have investments in digital, they could go ahead with digital and those who want to invest in mobile, they could do it in mobile.”
Talking about the shift within the sector, he said, “Telecom companies are moving to this B2B, B2C and the small finance banks could play a big role not only in the financial inclusion but also with developing a new revenue stream. This small finance bank could be a very good number if executed well and if it goes well. So very early days to give any number.”
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(Edited by : Ajay Vaishnav)