Bharti Airtel has announced its strategic exit from the low-margin international wholesale voice and messaging segment. This decision, aimed at focusing on high-growth areas like IoT, cloud solutions, and cybersecurity, opens significant revenue opportunities for competitors such as Reliance Jio, Vodafone Idea, and Tata Communications. Industry experts believe this market shift could reshape the telecom landscape as global customers seek alternative service providers. Despite this exit, Airtel reported a 505% surge in Q3 FY25 net profit, showcasing its robust financial performance. Competitors’ strategies to capitalize on this opportunity will be pivotal in the coming months.
Source: [India.com]