Sunil Mittal says Airtel may be debt-free by 2029
In short
Sunil Bharti Mittal said Airtel expects to be debt-free by 2029. The Mint summary says he pointed to a stronger balance sheet and talked about AI, data centres and the next phase of growth.
The story matters because a stronger balance sheet can give Airtel more room to invest or return money to shareholders, including possible buybacks.
What the reporting says
Sunil Bharti Mittal said Airtel expects to be debt-free by 2029, according to a Mint interview summary. He linked the view to a stronger balance sheet and also discussed AI, data centres and the next phase of growth.
Why it matters
Sunil Bharti Mittal said Airtel expects to be debt-free by 2029 in a Mint interview summary. The note says the telecom group’s balance sheet is getting stronger and mentions possible share buybacks as a next move. It also says Mittal discussed AI, data centres and growth plans, which points to areas that could shape Airtel’s capital allocation and expansion strategy.