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The entity was officially incorporated on July 8, 2025, 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 arm’s length basis, it added.
The listed entity holds 100% 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 seamless online and offline payments, recharge mobiles, and pay utility bills directly from their mobile phones. The new subsidiary is expected to further enhance Airtel’s capabilities in the fast-growing digital payments space.
Meanwhile, Bharti Airtel also revealed a significant expansion of its partnership with Ericsson. The two companies have entered into a new agreement to bolster Airtel’s Fixed Wireless Access (FWA) services in India.
Bharti Airtel has expanded its collaboration with Ericsson to enhance its Fixed Wireless Access (FWA) services in India.
Under this partnership, Ericsson will deploy its advanced core network solutions to improve Airtel’s FWA capabilities, with the aim of delivering a superior customer experience.
As part of the agreement, Ericsson is introducing a next-generation platform that offers higher capacity while reducing the physical footprint and improving total cost of ownership. This development builds on the previously announced dual-mode 5G Core solution, which forms the foundation for Airtel’s transition to a unified, future-ready 5G Standalone (SA) network infrastructure.
Ericsson has been a long-standing technology partner of Bharti Airtel for over 25 years, supporting every generation of mobile communication. It was also awarded Airtel’s first 5G contract in India.
Bharti Airtel is a global communications solutions provider with over 550 million customers in 15 countries across South Asia and Africa.
The telecom major's consolidated net profit soared 432.04% to Rs 11,021.8 crore in Q4 FY25 as against Rs 2,071.6 crore reported in Q4 FY24. Revenue from operations increased 27.33% YoY to Rs 47,876.2 crore in Q4 FY25, driven by strong underlying momentum in India, a rebound in reported currency revenue growth in Africa and full quarter impact of Indus Towers consolidation. Average revenue per user (ARPU) for the quarter stood at Rs 245, up 17.78% over Rs 209 in Q4 FY24.
Shares of Bharti Airtel fell 1.49% to Rs 1,987.90 on the BSE.
Bharti Airtel and Ericsson (NASDAQ: ERIC) have deepened their long-standing relationship with a new agreement to support Bharti Airtel's rollout of Fixed Wireless Access (FWA) services in India with its core network portfolio. The deployment will enhance Airtel core capability and capacity for Fixed Wire less Access, thereby elevating the customer experience for Airtel FWA users.
As part of this agreement, Ericsson is introducing a new platform which will support higher capacity with a smaller footprint and better total cost of ownership. The solution builds on the previously an nounced dual-mode 5G Core solution deal between Ericsson and Airtel for 5G packet core which cre ated a unified and future-ready network infrastructure, underpinning Airtel's journey to 5G Standalone (SA).
Bharti Hexacom Ltd fell 3.32% today to trade at Rs 1906.4. The BSE Telecommunication index is down 0.14% to quote at 3149.75. The index is up 5.93 % over last one month. Among the other constituents of the index, Tata Teleservices (Maharashtra) Ltd decreased 1.49% and Bharti Airtel Ltd lost 0.81% on the day. The BSE Telecommunication index went up 1.66 % over last one year compared to the 6.32% surge in benchmark SENSEX.
Bharti Hexacom Ltd has added 4.16% over last one month compared to 5.93% gain in BSE Telecommunication index and 3.16% rise in the SENSEX. On the BSE, 2105 shares were traded in the counter so far compared with average daily volumes of 17792 shares in the past one month. The stock hit a record high of Rs 2023.05 on 27 Jun 2025. The stock hit a 52-week low of Rs 1036.4 on 10 Jul 2024.