Sunil Mittal just shared Airtel's ambitious new game plan: think way more focus on AI, cloud tech, and digital financial services.
The company wants to boost its data center power nearly fourfold by 2030 (building a large AI data center in Visakhapatnam for Google), plus open new centers in Mumbai, Pune, Hyderabad, and Kolkata.
It is all about gearing up for the next wave of tech.
Airtel raises $1B from investors
Airtel has already raised $1 billion from big names like Carlyle and Alphabet to back these moves.
They are planning to keep control of their data center business while using its customer base to grow digital finance, in a market of around 400 million people in India.
Airtel Payments Bank could even go public by 2030.
Mittal said Airtel wants to become "a significantly different company within five years," aiming for nearly half of Airtel's portfolio over the next five years.