Bharti Airtel banking big on home broadband network to drive next phase of growth
NEW DELHI: Bharti Airtel’s top management comments during the second quarter post-earnings analysts’ call indicates that the company sees the home broadband segment to become a significant driver of growth.
So far, the Indian fixed-line broadband segment has remained one of the smaller segments in terms of user base, with a penetration of less 10 per cent-far below comparable economies. However, with Reliance turning its focus to the under-penetrated sector with the launch of Jio Fiber, and rivals such as Airtel rushing to defend their turf, the market has been steadily heating up.