Bharti Airtel rejigs its corporate structure, brings Airtel Digital under its fold entirely

Bharti Airtel on Wednesday announced a new corporate structure to sharpen the company’s focus on driving the rapidly-unfolding digital opportunities while enabling it to unlock value.

The new structure involves Airtel Digital Limited folding into the listed entity Bharti Airtel.

This will now house all of the digital assets spanning Wynk Music, Airtel X stream, Airtel Thanks, Mitra Payments platform used by a million retailers, Airtel Ads, Airtel IQ, Airtel Secure, Airtel Cloud and all future digital products and services, the company said in a statement.

The telecom business will be housed in a newly created entity — Airtel Limited – a wholly-owned subsidiary of Bharti Airtel Limited.

“It is therefore intended to house all the telecom businesses in a newly created entity, Airtel Limited – a wholly-owned subsidiary of Bharti Airtel Limited,” it said.