News

Bharti Airtel Incorporates new subsidiary Airtel Money LimitedBharti Airtel has incorporated a new step-down wholly-owned subsidiary, Airtel Money Limited. The company also deepened its partnership with Ericsson to enhance Fixed Wireless Access (FWA) services in India.By Megha Rani   July 9, 2025, 8:02:18 PM IST (Published)2 Min ReadBharti Airtel has announced the incorporation of a new step-down wholly-owned subsidiary, “Airtel Money Limited,” as per a regulatory filing made on Wednesday (09 July).

The entity was officially incorporated on July 8, 2025, with an initial authorised share capital of ₹10,00,000 and a paid-up/subscribed share capital of ₹1,00,000. The investment qualifies as a related party transaction, with shares subscribed at par and on an arm’s length basis, the exchange filing stated.

Airtel Money Wallet, a digital wallet service of Airtel Payments Bank, Airtel’s non-bank financial entity, enables users to make seamless online and offline payments, recharge mobiles, and pay utility bills directly from their mobile phones. The new subsidiary is expected to further enhance Airtel’s capabilities in the fast-growing digital payments space.

Earlier in the day, Bharti Airtel also revealed a significant expansion of its partnership with Ericsson. The two companies have entered into a new agreement to bolster Airtel’s Fixed Wireless Access (FWA) services in India.

Under this collaboration, Ericsson will deploy its advanced core network portfolio to enhance Airtel’s FWA capabilities, aiming to deliver a superior customer experience.

As part of the deal, Ericsson is introducing a next-generation platform designed to offer higher capacity with a reduced physical footprint and improved total cost of ownership. This builds upon the previously announced dual-mode 5G Core solution agreement between the two firms, which laid the foundation for Airtel’s transition to a unified, future-ready 5G Standalone (SA) network infrastructure.

Ericsson has been a long-standing technology partner of Bharti Airtel for over 25 years, supporting every generation of mobile communication. It was also awarded Airtel’s first 5G contract in India.

Shares of Bharti Airtel ended at ₹2,018.00, down by ₹12.30, or 0.61%, on the BSE.

Also Read: Waaree Energies to offload 2.4% stake in Indosolar via OFS on July 10–11Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBharti AirtelDigital Payments SystemsTelecom stocks