Bharti Airtel on Wednesday announced a new corporate structure with focus on four verticals - Digital, India, International and Infrastructure.
The new structure envisages Airtel Digital Ltd folding into 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 of the company will be housed in a newly-created entity, Airtel Ltd, a wholly owned subsidiary of Bharti Airtel. Bharti Telemedia, the 100 per cent arm operating DTH services, will sit alongside Airtel Ltd for now.
