Bharti Airtel Incorporates Airtel Money Subsidiary, Expands Partnership with Ericsson for 5G FWA

Bharti Airtel Incorporates New Subsidiary Airtel Money Limited, Opts Ericsson Core for FWA
Bharti Airtel has announced the incorporation of a new step-down wholly-owned subsidiary, Airtel Money Limited (Airtel Money), as per a regulatory filing made on Wednesday, July 9, 2025. The Ministry of Corporate Affairs, Government of India, has issued the Certificate of Incorporation on July 8, 2025. Airtel Money has been incorporated with an initial authorised share capital of Rs 10,00,000 and a paid-up/subscribed share capital of Rs 1,00,000. The investment qualifies as a related party transaction, with shares subscribed at par and on an arms-length basis, the company added.

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Airtel Incorporates Airtel Money Limited

The listed entity holds 100 percent shareholding in the acquired entity, with no additional shares acquired beyond this ownership percentage. The incorporated entity belongs to the financial services industry.

Airtel Money Wallet, a digital wallet service of Airtel Payments Bank, Airtel’s non-bank financial entity, enables users to make online and offline payments, recharge mobiles, and pay utility bills directly from their mobile phones.

Airtel and Ericsson Deepen Partnership for 5G FWA

Meanwhile, Bharti Airtel and Ericsson have also announced deepening their long-standing relationship with a new agreement. The two companies have entered into a new agreement to bolster Airtel’s Fixed Wireless Access (FWA) services in India with Ericsson’s core network portfolio.

Under this partnership, Ericsson will deploy its new core network solutions to improve Airtel’s FWA capabilities, with the aim of enhancing customer experience for Airtel FWA users.