Q3 2025 Bharti Airtel Ltd Earnings Call Transcript

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Feb 07, 2025

Feb 07, 2025 / 09:00AM GMT
Operator

(audio in progress) That must be viewed in conjunction with the risks that we face. Post the management's opening remarks, we will open up for an interactive Q&A session.

(Operator Instructions)

With this, I would now like to hand over to Mr. Gopal Vittal for his opening remarks.

Gopal Vittal - Bharti Airtel Ltd - Chief Executive Officer, Managing Director, Executive Director

Thank you, Dehi. A very warm welcome to all of you. And with me on the call, I've got Shashwat, Soumen, Harjeet, Naval, and Akhil Garg.

Let me start with one key development. We are planning to transfer about 16,100 telecom towers, approximately 12,700 from Bharti Airtel and about 3,400 from Bharti Hexacom to Indus Towers. Our belief is that this business is managed by -- best managed by Indus since they know how to do this better than us. It will not only free up management bandwidth within Airtel, it will also create greater efficiency, scale and ultimately, long-term value at Indus.

Now let me give you an update of the quarter and the progress

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