Bharti Airtel CEO Gopal Vittal attributed the company’s financial turnaround to a focused capital allocation strategy aimed at improving service quality. Speaking at MWC25 Barcelona, he said Airtel is “obsessed about experience” and is pursuing partnerships that add value for customers.
Vittal explained Airtel made a bold decision to target the top 40% of customers who generate nearly 80% of industry revenue, positioning the company for growth amid market consolidation. He described the earlier environment as a “competitive onslaught,” with revenues plunging 30% and ten operators exiting the market.
He highlighted that Airtel’s revenue share has grown from 29% to over 40% in the last 8–9 years, and its market capitalization has surged from $20 billion to nearly $120 billion.
Source: Mobile World Live