Sunil Mittal praises Jio's ground-up telecom rollout
In short
Sunil Bharti Mittal said Reliance Jio’s ground-up telecom rollout was a once-in-a-lifetime story. He also said Airtel will look at inorganic acquisitions to grow globally.
The comments show Airtel may expand through deals as it looks beyond India. They also underline how Jio’s rise has set a high bar in telecom.
What the reporting says
Sunil Bharti Mittal said Reliance Jio's ground-up telecom rollout was a once-in-a-lifetime story, according to a CNBC TV18 Business summary. He also said Airtel will pursue inorganic acquisitions for global expansion. The remarks frame Airtel's expansion plans against Jio's rapid build-out and point to a growth strategy that may rely on acquisitions rather than only organic expansion.
Why it matters
Sunil Bharti Mittal said Reliance Jio's ground-up telecom rollout was a once-in-a-lifetime story and said Airtel will pursue inorganic acquisitions for global expansion. The comments highlight Airtel's growth approach and compare it with Jio's expansion in telecom. The remarks are relevant for Bharti Airtel, Reliance Jio and investors tracking competition and overseas expansion plans.