Bharti Airtel Seeks Clarity on AGR Conversion to Equity

We believe that we just desired a non-discriminatory level-playing field in terms of an alternative to convert. Whether we will convert or not is a decision for the board to take yet the alternative is something that we desired to make certain.

Airtel’s Investment and Expansion Plans

Bharti Airtel looked for clarity on converting AGR charges right into equity, aiming for an equal opportunity. While mobile network investments will certainly lower, the company plans to broaden its home broadband section and data center capacities. Airtel reported a substantial jump in combined net revenue and revenue for both the quarter and the complete 2025.

“Many of the financial investments that we transformed the last 24 months and a few of the financial investments we are remaining to make over the next 8 to 9 months will see considerable capabilities come on board in FY26 and FY27. Additionally, we are having conversations with multiple huge players to check out what extra we can do to help their strategies,” Vittal said.

Fiber Expansion Goals

“We want to see even more fiber being turned out as we speak. I am not pleased with the 1.7 million home passes that we carried out in the quarter. I wish to see it going up to well over 2.5 million,” Vittal stated.

AGR Conversion Rationale

Bharti Airtel’s application for converting its adjusted gross earnings (AGR) because of the federal government right into equity possession was indicated to look for a clarity on readily available alternatives for the business, the telecom company’s vice-chairman and MD Gopal Vittal said on Wednesday. Bharti Airtel has sought conversion of its AGR charges of around Rs 41,000 crore, including passion liability, right into equity possession for the federal government, in accordance with a comparable alleviation offered to debt-ridden Vodafone Concept.