Bharti Airtel has acquired financial solutions firm YTS Solutions for an undisclosed amount, which offers company’s flagship semi-closed wallet under the brand name 'Airtel Money'. This acquisition will expand company’s portfolio in the mobile commerce segment and bring in a host of new product capabilities targeted at migrants in urban cities and their families in rural towns and villages.
Bharti Airtel is a leading integrated telecommunications company with operations in 20 countries across Asia and Africa. The company ranks amongst the top 5 mobile service providers globally in terms of subscribers.
