Airtel to Invest in 30,000+ Cell Sites, Fiber and FTTH Rollout This Year: Sunil Mittal

Bharti Airtel is going to invest heavily in building new cell sites, fiber and fiber-to-the-home (FTTH) rollout this year

By February 15th, 2021 AT 12:38 PM


Bharti Airtel will invest heavily in building new cell sites, fiber and fiber-to-the-home (FTTH) rollout this year. The telco saw net profits in its books after six consecutive quarters. Sunil Mittal, founder and chairperson of Bharti Airtel said that the worst is over for the telco. According to a report from ET Telecom, Mittal said that resetting the industry has only strengthened Airtel since the telco emphasises a lot on investing in its networks and keeps customers ahead of anything.

Airtel Approximately Has 35% Revenue Market Share

When questioned about the revenue market share, Mittal said even though Vodafone Idea’s (Vi) results are yet to come, Airtel should hold around 35% revenue market share. He revealed that Airtel’s capital expenditure in the last five years has been about Rs 20,000 crore every year, excluding spectrum costs.

Mittal said that the telco is planning to build and invest in more than 20,000 to 30,000 cell sites this year. Further, Airtel will also invest in fiber and FTTH rollout heavily. He also noted that Airtel would invest more in its Direct-to-Home (DTH) arm, Airtel Digital TV, and side by side will keep building data centres. After this, the telco would move on to the 5G investment cycle.

Mittal also said that Airtel could clear up the bank dues of Rs 5,000 to Rs 6,000 crores in a few months. This would enable the telco in focusing completely on the spectrum-related debt (Adjusted Gross Revenue dues).

Mittal confirmed about the presence of a separate arm of Bharti Airtel called ‘Airtel Digital’ that houses all the company’s digital entities. The company is still discussing how it can restructure its new ‘digital’ arm, with around 119 million active customers.

According to Mittal, the aim of creating ‘Airtel Digital’ is to make two monetisable vehicles. Investors who only want a piece of Airtel Digital can now buy freely without worrying about its telecom part.

Tanay is someone with whom you can chill and talk about technology and life. A fitness enthusiast and cricketer, he loves to read and write.

Notify of
oldest most voted
Inline Feedbacks
View all comments

Recent Posts

Mavenir and Xilinx Working Together to Enhance 5G Network Capacity

On Tuesday, Semiconductor firm Xilinx Inc and telecommunications software firm Mavenir Inc joined hands for boosting cellphone tower capacity for...

Huawei to Launch 6G in China by 2030: Report

Huawei, a Chinese telecom equipment manufacturing company, is set to launch 6G in China by 2030. While the nations worldwide...

Vodafone and Oppo Deliver Europe’s First 5G SA Network

The Chinese consumer electronics and smartphone manufacturer Oppo has teamed up with Ericsson, Qualcomm and Vodafone to commercialise Europe’s first...