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Sunil Mittal says Airtel ready for next inflection

Positive+25

GreyOak summary

Bharti Enterprises Chairman Sunil Mittal stated that Airtel is positioned for its next inflection point due to a strong balance sheet and cash flows. The company plans to pivot into financial services, data centres, and other businesses. Mittal highlighted Airtel Money's profitability and 40 crore customers in Africa, while noting India's potential leadership in 6G technology by 2030.

What it affects

  • Telecom & MediaPositive +25

    Sector pivoting to data centres and financial services.Rolling sentiment Positive +32

  • AI and data centresPositive +25

    Opportunity identified in connectivity and data centres.Rolling sentiment Positive +20

  • Ready for next inflection with strong balance sheet.Rolling sentiment Positive +42

Source

Read the original at NDTV Profit

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