Bharti Airtel has set up a special panel to evaluate restructuring of its business as well as shareholding structure of the company and its subsidiaries, to enhance focus on digital and non-telecom business. The restructuring may lead to consolidation or acquisition of shares of subsidiary companies.
The exercise is being done with the objective to achieve required flexibility and sharper focus on digital and non-telecom businesses of the company. The company has also approached the RBI seeking licence to set up a small bank.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.