Mittal says Airtel is betting on AI data centers and cloud
In short
Sunil Bharti Mittal said Airtel is betting on AI data centers, sovereign cloud and financial services. He said data center capacity should rise to 1 GW by 2030 from 250-260 MW now.
He also said nearly half the portfolio may shift to new businesses over the next five years. That matters because it shows Airtel wants to grow beyond telecom.
What the reporting says
Sunil Bharti Mittal said Airtel is betting on AI data centers, sovereign cloud and financial services, according to a CNBC TV18 Business summary. He said the company plans to expand data center capacity to 1 GW by 2030 from 250-260 MW now and shift nearly half its portfolio toward new businesses over the next five years. The remarks point to a broader diversification push beyond telecom.
Why it matters
Sunil Bharti Mittal said Airtel is betting on AI data centers, sovereign cloud and financial services, and outlined a plan to raise data center capacity to 1 GW by 2030 from 250-260 MW. He also said nearly half the portfolio may shift toward new businesses over the next five years. The comments are relevant for Bharti Airtel's strategy and for investors watching digital infrastructure and financial services expansion.