Bharti Airtel withdraws corporate structure announced in April 2021

Bharti Airtel to continue with existing corporate structure, pursuing plan to merge DTH operations with Airtel

Telecom service provider Bharti Airtel on Tuesday announced withdrawal of corporate structure that was announced in April 2021.

In a stock exchange filing, Bharti Airtel said it will continue with existing corporate structure, pursuing plan to merge DTH operations with Airtel.

"The seminal telecom sector reforms package announced by the Government of India has significantly boosted the outlook and investor confidence for the industry while simplifying the license framework. With a strong balance sheet and 5G ready network, Bharti Airtel is well positioned to invest aggressively in the emerging growth opportunities offered by India’s digital economy," the company said.

Bharti Airtel said its