New Delhi: Bharti Airtel<\/a>, which has housed all its digital assets under Airtel<\/a> Digital unit, is discussing making it a parallel entity to the telco, opening up the option of monetising a separate asset in the future, said chairman Sunil Bharti Mittal. The new structure could remove telecom regulatory overhang over Airtel Digital, which could even be listed in two-three years.

In an interview to ET, Mittal said going forward, expansion in financial services — which includes hopes of becoming a small finance bank, but not a full-fledged one — would be a big focus area for the telco.

Bharti Airtel itself has pivoted into a
technology company<\/a>, he said, and has emerged stronger from a bloody tariff battle since the entry of Reliance Jio<\/a> in September 2016, with a roughly 35% revenue market share, its highest ever. “Perhaps, some people may have underestimated its (Airtel’s) inner strength,\" he said.

“There is something called Airtel Digital now, under which all the digital entities are being housed. Around 119 million active monthly users are sitting here…a lot of advertising revenue is going up,” Mittal told ET. “What we are thinking about is a step-up company, which will then be the holding company of Airtel and Digital…Digital could become parallel (to Airtel)…the thinking is to restructure it so that we have similar outcomes (like investments in
Jio Platforms<\/a>).”

He added that the reorganisation will take several months and investments in the digital business will be sought after it is scaled up. From the Rs100 crore revenue currently, Airtel Digital should scale up to Rs 1,000 crore.

Jio Platforms, which houses the digital and telecom assets of
Reliance Industries<\/a>, last year received over Rs 1.52 lakh crore in investments by giving up nearly 33% stake to 13 investors, including Facebook, Google<\/a>, Intel<\/a> and Qualcomm<\/a>.
<\/p>

Read also<\/h4>
<\/a><\/figure>
Airtel’s Board to meet Feb 17 on organisational rejig<\/a><\/h5><\/div>
<\/a><\/figure>
‘Being No. 1 in the minds of customers is most important, non-negotiable&#39;: Airtel Chairman Sunil Mittal<\/a><\/h5><\/div>
<\/a><\/figure>
Higher earnest money to allow Reliance Jio, Airtel to bid for all 4G bands<\/a><\/h5><\/div>
<\/a><\/figure>
Airtel, Vodafone Idea ask DoT to lower bank guarantees for statutory dues<\/a><\/h5><\/div><\/div><\/div>
Board meeting on Feb 17<\/strong>

But Mittal said that the new structure that Airtel was planning would be different from what RIL had done. The Mukesh Ambani-owned company had established Jio Platforms as its direct unit which, in turn, became the parent of Reliance Jio, India’s telecom market leader.

“…you get a piece of what is on top (Jio Platforms) and thus, also a piece of Jio. But here, it (Airtel Digital) could be sitting alongside (Airtel),” which would mean potentially two monetisable assets, said Mittal. “You have a listed company and you can bring a listing here too after two-three years.”

Headed by Adarsh Nair, Airtel Digital houses the company’s digital properties including Wynk music, Thanks, Xstream, payments, and products such as Airtel IQ, Safe Pay, among others, and employs over 1,500 people, which is being scaled up rapidly.

“Right now, it's just building up…Lots of people, from Google, Facebook, have come back and are working in this… IQ has been launched, Safe Pay has just been launched with a bank,” said Mittal. He said the digital business will be targeted at enterprise customers and its focus will be ‘B2B2C’.

The reorganisation will also ensure that digital services – which aren’t regulated by telecom licences – don't have the regulatory overhang of the telecom service, said Mittal. Revenue from digital services will be kept separate from Bharti Airtel, and thus will not be part of the calculation of adjusted gross revenue (AGR), on the basis of which licence fees and spectrum usage charges are paid.

Airtel Friday said its board will meet on February 17 to consider restructuring of its businesses.

Speaking on the telecom business, Mittal said as per Airtel’s understanding, the telco has paid its AGR dues for the next four years, given its upfront payment of Rs18,000 crore against a demand of some Rs40,000 crore.

He added that Airtel had raised $12 billion in the last two-and-a-half years and didn’t face immediate monetisation needs.

But if needed, monetisation options included using InvIT (infrastructure investment trust) structures which allow for raising funds while allowing operational control. “There are large assets sitting in towers: 42% in Indus Towers is worth Rs25,000 crore, also the large amount of fibre could be tens of thousands of crores.” In addition, its business in Bangladesh is worth a billion dollars, Mittal said.

Airtel has approached the Reserve Bank of India for a small bank permit, which would allow it to begin lending to its customers who currently can only deposit with the payments bank. “Right now, we are just connecting other lenders to our customers, I would rather do my own risk book, at least a small one,” Mittal said. He added that the payments bank has led to customer stickiness at Airtel and reduced churn, or users leaving its network.

Read also<\/h4>
<\/a><\/figure>
Airtel’s Board to meet Feb 17 on organisational rejig<\/a><\/h5><\/div>
<\/a><\/figure>
‘Being No. 1 in the minds of customers is most important, non-negotiable&#39;: Airtel Chairman Sunil Mittal<\/a><\/h5><\/div>
<\/a><\/figure>
Higher earnest money to allow Reliance Jio, Airtel to bid for all 4G bands<\/a><\/h5><\/div>
<\/a><\/figure>
Airtel, Vodafone Idea ask DoT to lower bank guarantees for statutory dues<\/a><\/h5><\/div><\/div><\/div>

<\/body>","next_sibling":[{"msid":80917559,"title":"\u2018Being No. 1 in the minds of customers is most important, non-negotiable': Airtel Chairman Sunil Mittal","entity_type":"ARTICLE","link":"\/news\/being-no-1-in-the-minds-of-customers-is-most-important-non-negotiable-airtel-chairman-sunil-mittal\/80917559","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"73273673","title":"India's telecom sector in a rewind; everything from AGR, BSNL revival, 5G, IUC to tariff hikes in 2019","entity_type":"PHOTOGALLERYSLIDESHOWSECTION","seopath":"slide-shows\/indias-telecom-sector-in-a-rewind-everything-from-agr-bsnl-revival-5g-iuc-to-tariff-hikes-in-2019","category_name":"Slide-Shows","synopsis":"ETT brings a slideshow on Indian telecom sector developments in 2019","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-3313303\/73273673.cms?width=150&height=112","link":"\/slide-shows\/indias-telecom-sector-in-a-rewind-everything-from-agr-bsnl-revival-5g-iuc-to-tariff-hikes-in-2019\/73273673"}],"msid":80917616,"entity_type":"ARTICLE","title":"Bharti looks to make Digital unit a parallel company to Airtel","synopsis":"Bharti Airtel itself has pivoted into a technology company, he said, and has emerged stronger from a bloody tariff battle since the entry of Reliance Jio in September 2016, with a roughly 35% revenue market share, its highest ever. \u201cPerhaps, some people may have underestimated its (Airtel\u2019s) inner strength,\" he said.","titleseo":"telecomnews\/bharti-looks-to-make-digital-unit-a-parallel-company-to-airtel","status":"ACTIVE","authors":[{"author_name":"Anandita Singh Mankotia","author_link":"\/author\/479231328\/anandita-singh-mankotia","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479231328.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479231328,"author_name":"Anandita Singh Mankotia","author_seo_name":"anandita-singh-mankotia","designation":"Editor","agency":false}},{"author_name":"Romit Guha","author_link":"\/author\/479232631\/romit-guha","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479232631.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":false,"msid":479232631,"author_name":"Romit Guha","author_seo_name":"romit-guha","designation":"Correspondent","agency":false}}],"analytics":{"comments":0,"views":4511,"shares":0,"engagementtimems":14817000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2021-02-15 09:07:08","lastupd":"2021-02-15 09:07:08","breadcrumbTags":["bharti airtel","Airtel","reliance industries","Jio Platforms","google","Industry","reliance jio","Technology Company","Intel","Qualcomm"],"secinfo":{"seolocation":"telecomnews\/bharti-looks-to-make-digital-unit-a-parallel-company-to-airtel"}}" data-authors="[" anandita singh mankotia","romit guha"]" data-category-name="" data-category_id="" data-date="2021-02-15" data-index="article_1">

Bharti看起来数字单元并行公司附近的旅馆

Bharti Airtel本身旋转成一个技术公司,他说,并从血腥的关税战以来出现了更强的依赖Jio 2016年9月,约35%收入市场份额,有史以来的最高水平。“也许,有些人可能低估了其Airtel的内在力量,”他说。

辛格Anandita Mankotia Romit古哈
  • 发布于2021年2月15日凌晨09:07坚持
阅读: 100年行业专业人士
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新德里消息:Bharti Airtel安置所有的数字资产附近的旅馆数字单位,正在讨论一个平行的实体电信,开放货币化的选择一个单独的资产在未来,苏尼尔•巴帝•米塔尔董事长说。新结构可以删除电信监管过剩Airtel数字,它甚至可以在2 - 3年内上市。

等在一次采访中,米塔尔表示,展望未来,扩大金融服务——包括希望成为一家小型金融银行,但不是一个成熟的,将是一大重点区域电信。

Bharti Airtel本身旋转成一个科技公司,他说,出现了较强的血腥战斗自入境关税依赖Jio2016年9月,收入约35%的市场份额,有史以来的最高水平。“也许,有些人可能低估了其Airtel的内在力量,”他说。

广告
“现在叫做Airtel数字,所有数字实体被安置。每月约1.19亿活跃用户坐在这里…很多广告收入上升,”米塔尔告诉ET。“我们正在考虑的是升压公司的控股公司将Airtel和数字…数字可能成为并行(旅馆)…思考是重组,这样我们也有类似的结果(如投资Jio平台)。”

他补充说,重组将需要几个月的时间和投资后的数字业务将寻求扩大。从从而卢比的收入目前,Airtel数字应该扩大到1000卢比。

Jio平台,这房子的数字和电信资产信实工业公司,去年收到了超过十万的1.52卢比投资通过放弃近13投资者33%的股权,其中包括Facebook,谷歌,英特尔高通

读也


董事会会议于2月17日

但米塔尔表示,新结构,Airtel正计划将不同于瑞来斯所做的事。穆克什Ambani-owned公司建立了Jio平台直接部门,进而成为依赖的父母Jio,印度电信市场的领导者。

广告
“你…把一块上面是什么(Jio平台),因此,也一块Jio。但在这里,它(Airtel数字)可以坐在一起(旅馆),“这意味着潜在的两个monetisable资产,米塔尔说。“你有一个上市公司,你也可以带一个清单后2 - 3年。”

由Adarsh Nair Airtel数字房屋公司的数字属性包括Wynk音乐,谢谢,Xstream,支付,和产品,如Airtel智商,安全支付,其中,并雇佣了1500人,目前正在迅速扩大。

“现在,它只是建立…很多人,从谷歌,Facebook已经回来,在这工作…智商已经启动,安全支付与银行刚刚推出,“米塔尔说。他说,数字业务将针对企业客户及其重点将是“B2B2C”。

重组也将确保数字服务——不受电信牌照监管——没有监管的电信服务,米塔尔说。数字服务收入将分开Bharti Airtel,因此将不会计算调整后的总收益的一部分(AGR)的基础上支付许可证费用和频谱使用收费。

Airtel周五表示,其董事会将在2月17日考虑的业务重组。

在电信业务,米塔尔表示,按照Airtel的理解,其AGR电信支付会费在接下来的四年,鉴于其前期支付Rs18,000卢比兑一需求一些Rs40,000卢比。

他补充说,Airtel筹集了120亿美元在过去两年半,没有脸立即盈利的需求。

但如果需要,货币化选项包括使用InvIT(基础设施投资信托)结构,允许筹集资金,同时允许操作控制。“有大资产坐在塔:42%在印度塔值得Rs25,000卢比,也大量的纤维可能是成千上万的卢比。“此外,孟加拉国其业务价值十亿美元,米塔尔说。

Airtel已经接近印度央行(Reserve Bank of India)小银行许可,这将使它开始贷款的客户目前只能支付银行的存款。“现在,我们只是连接其他银行客户,我宁愿做自己的风险书,至少一个小,”米塔尔说。他补充说,付款银行导致客户粘性Airtel和减少生产,或用户离开网络。

读也



  • 发布于2021年2月15日凌晨09:07坚持
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New Delhi: Bharti Airtel<\/a>, which has housed all its digital assets under Airtel<\/a> Digital unit, is discussing making it a parallel entity to the telco, opening up the option of monetising a separate asset in the future, said chairman Sunil Bharti Mittal. The new structure could remove telecom regulatory overhang over Airtel Digital, which could even be listed in two-three years.

In an interview to ET, Mittal said going forward, expansion in financial services — which includes hopes of becoming a small finance bank, but not a full-fledged one — would be a big focus area for the telco.

Bharti Airtel itself has pivoted into a
technology company<\/a>, he said, and has emerged stronger from a bloody tariff battle since the entry of Reliance Jio<\/a> in September 2016, with a roughly 35% revenue market share, its highest ever. “Perhaps, some people may have underestimated its (Airtel’s) inner strength,\" he said.

“There is something called Airtel Digital now, under which all the digital entities are being housed. Around 119 million active monthly users are sitting here…a lot of advertising revenue is going up,” Mittal told ET. “What we are thinking about is a step-up company, which will then be the holding company of Airtel and Digital…Digital could become parallel (to Airtel)…the thinking is to restructure it so that we have similar outcomes (like investments in
Jio Platforms<\/a>).”

He added that the reorganisation will take several months and investments in the digital business will be sought after it is scaled up. From the Rs100 crore revenue currently, Airtel Digital should scale up to Rs 1,000 crore.

Jio Platforms, which houses the digital and telecom assets of
Reliance Industries<\/a>, last year received over Rs 1.52 lakh crore in investments by giving up nearly 33% stake to 13 investors, including Facebook, Google<\/a>, Intel<\/a> and Qualcomm<\/a>.
<\/p>

Read also<\/h4>
<\/a><\/figure>
Airtel’s Board to meet Feb 17 on organisational rejig<\/a><\/h5><\/div>
<\/a><\/figure>
‘Being No. 1 in the minds of customers is most important, non-negotiable&#39;: Airtel Chairman Sunil Mittal<\/a><\/h5><\/div>
<\/a><\/figure>
Higher earnest money to allow Reliance Jio, Airtel to bid for all 4G bands<\/a><\/h5><\/div>
<\/a><\/figure>
Airtel, Vodafone Idea ask DoT to lower bank guarantees for statutory dues<\/a><\/h5><\/div><\/div><\/div>
Board meeting on Feb 17<\/strong>

But Mittal said that the new structure that Airtel was planning would be different from what RIL had done. The Mukesh Ambani-owned company had established Jio Platforms as its direct unit which, in turn, became the parent of Reliance Jio, India’s telecom market leader.

“…you get a piece of what is on top (Jio Platforms) and thus, also a piece of Jio. But here, it (Airtel Digital) could be sitting alongside (Airtel),” which would mean potentially two monetisable assets, said Mittal. “You have a listed company and you can bring a listing here too after two-three years.”

Headed by Adarsh Nair, Airtel Digital houses the company’s digital properties including Wynk music, Thanks, Xstream, payments, and products such as Airtel IQ, Safe Pay, among others, and employs over 1,500 people, which is being scaled up rapidly.

“Right now, it's just building up…Lots of people, from Google, Facebook, have come back and are working in this… IQ has been launched, Safe Pay has just been launched with a bank,” said Mittal. He said the digital business will be targeted at enterprise customers and its focus will be ‘B2B2C’.

The reorganisation will also ensure that digital services – which aren’t regulated by telecom licences – don't have the regulatory overhang of the telecom service, said Mittal. Revenue from digital services will be kept separate from Bharti Airtel, and thus will not be part of the calculation of adjusted gross revenue (AGR), on the basis of which licence fees and spectrum usage charges are paid.

Airtel Friday said its board will meet on February 17 to consider restructuring of its businesses.

Speaking on the telecom business, Mittal said as per Airtel’s understanding, the telco has paid its AGR dues for the next four years, given its upfront payment of Rs18,000 crore against a demand of some Rs40,000 crore.

He added that Airtel had raised $12 billion in the last two-and-a-half years and didn’t face immediate monetisation needs.

But if needed, monetisation options included using InvIT (infrastructure investment trust) structures which allow for raising funds while allowing operational control. “There are large assets sitting in towers: 42% in Indus Towers is worth Rs25,000 crore, also the large amount of fibre could be tens of thousands of crores.” In addition, its business in Bangladesh is worth a billion dollars, Mittal said.

Airtel has approached the Reserve Bank of India for a small bank permit, which would allow it to begin lending to its customers who currently can only deposit with the payments bank. “Right now, we are just connecting other lenders to our customers, I would rather do my own risk book, at least a small one,” Mittal said. He added that the payments bank has led to customer stickiness at Airtel and reduced churn, or users leaving its network.

Read also<\/h4>
<\/a><\/figure>
Airtel’s Board to meet Feb 17 on organisational rejig<\/a><\/h5><\/div>
<\/a><\/figure>
‘Being No. 1 in the minds of customers is most important, non-negotiable&#39;: Airtel Chairman Sunil Mittal<\/a><\/h5><\/div>
<\/a><\/figure>
Higher earnest money to allow Reliance Jio, Airtel to bid for all 4G bands<\/a><\/h5><\/div>
<\/a><\/figure>
Airtel, Vodafone Idea ask DoT to lower bank guarantees for statutory dues<\/a><\/h5><\/div><\/div><\/div>

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