5G Will Also Boost Bharti Airtel’s Enterprise Offerings: CLSA

Bharti Airtel is set to continue its growth trajectory, driven by tariff hikes, increasing mobile data penetration and a 5G subscriber base. Airtel has also strengthened its position, increasing its revenue market share to 36 percent, according to a CLSA report dated March 5, 2025. The telecom company remains focused on expanding data usage among its 342 million mobile subscribers in India, with 70 percent already using mobile data. Airtel is rolling out 5G services targeting to cover all of urban India and key rural markets, the report said.

• Make Telecom Talk My Trusted Source
• 
• 

Also Read: Monetising 4G and 5G: Key Takeaways to Date and What’s Next?

5G Rollout and Enterprise Services

“5G will also boost Bharti’s enterprise offerings, and 5G fixed wireless access (FWA) is an opportunity. Bharti’s 5G mobile rollout targeting top-end subscribers, enterprise, home broadband/5G FWA and convergence services ramp-up should further enhance growth,” the report added, stating that tariff hikes are a key catalyst for the stock.

Airtel Finance’s Partnership with Bajaj Finance

Bharti Airtel’s financial services platform, Airtel Finance, which is expanding its offerings, has already served 1 million customers, disbursing Rs 46 billion across various financial products. However, this remains a fraction of Bharti Airtel’s 370 million subscribers, presenting a vast growth opportunity, the report said. It also noted that Airtel’s mega partnership with Bajaj Finance, India’s top NBFC, is expected to accelerate growth.

Also Read: Bharti Airtel and Bajaj Finance Partner to Launch Digital Financial Services Platform

A co-branded Insta EMI card has gone live on the Airtel Thanks app as part of Airtel Finance’s recent partnership with Bajaj Finance. “Gold, business and personal loans will be next and Airtel Finance’s prospects are high as 200 million Bharti subscribers do not overlap with Bajaj Finance,” the report highlighted.