Moneycontrol PRO
HomeNewsBusinessCompaniesBharti Airtel plans to list Airtel Payments Bank: Report

Bharti Airtel plans to list Airtel Payments Bank: Report

Launched in January 2017, Airtel Payments Bank currently has around 50 million users on the platform and about Rs 20,000 crore in gross merchandise value. Airtel owns 70% in the unit, with the balance held by Bharti Enterprises.

December 29, 2022 / 09:35 IST
Launched in January 2017, Airtel Payments Bank currently has around 50 million users on the platform and about Rs 20,000 crore in gross merchandise value (GMV)
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Telecom giant, Bharti Airtel is planning to list its unit, Airtel Payments Bank, according to a report by Economic Times. The company’s data centre business could also be monetized at some stage, it added.

    The official, quoted in the report said, “Airtel is not looking at a premium pricing for its 5G services, which is being rolled out at a rapid pace, the telco doesn’t need the 700 MHz band in the future as well for its next gen services.”

    Also Read: Bharti Airtel plans Rs 27,000-28,000 crore capex for network, no premium pricing for 5G

    He added that currently, only 12% of the devices support 5G in India and that significant revenue opportunities from captive networks were still sometime away, with use cases still being developed and trialled.

    Earlier this year, Airtel Payments Bank got categorised as a scheduled bank by the Reserve Bank of India (RBI) in the second schedule of the Reserve Bank of India Act, 1934.

    Launched in January 2017, Airtel Payments Bank currently has around 50 million users on the platform and about Rs 20,000 crore in gross merchandise value (GMV), with annualised revenue at around Rs 1,000 crore. Airtel owns 70% in the unit, with the balance held by Bharti Enterprises.

    “It’s (Airtel Payments Bank) a profitable company, it’s doing well and growing rapidly. Further, that’s an option as per the RBI (Reserve Bank of India) license that at some stage we are expected to list,” the official said.

    Speaking about the data consumption on 5G, the official said it’s too early to come to any conclusions as the network rollout is at a nascent stage. “But by February, we can have a fair idea about data consumption and can share some colour on it in the Q4 results,” the official said.

    Currently, about 20% of the revenues come from enterprise but in the coming few years, the company is targeting surpassing global telcos which on average get 22-23% of their revenue from the business.

    “Currently, the enterprise market is around Rs 45,000 crore but there is an adjacent market worth Rs 50,000 crore, which is yet to be tapped,” the official said.

    Airtel is betting big on its home business to improve its average revenue per user (ARPU), which stood at Rs 190 in the fiscal second quarter ended September.

    Moneycontrol News
    first published: Dec 29, 2022 09:35 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347
    CloseOutskill Genai