CUSTOMER OBSESSED.

If there is one defining trait that has marked us out in the crowd, it is our complete obsession with the customer. Be it the beginning of a normal working day at Airtel, or the seeding of an idea that translates into momentous change for the industry, our starting point is always the customer.

Created the digital
superhighway of

future growth

We built India’s first commercial 4G network that made high speed mobile broadband a reality. Through our innovation prowess, we have continued to serve our customers in a better way by building the network infrastructure, improving applications and unlocking greater productivity.

237,577
Network towers (India)
355k Rkms
Optic fibre network (India)
365k Rkms+
Global fiber
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From lab
to life

for enhanced customer
end-to-end solutions

We are spearheading India’s 5G roadmap, by leveraging our infrastructure and technical strengths. With its promise of hyperfast speed, ultra-low latency and capacity to carry innumerable connections simultaneously, 5G could help India unlock the digital dividend and build a truly connected society with broadband for all. We intend to create relevant use cases, in order to raise the customer experience on our network.

Partnerships to co-create the 5G ecosystem

To move forward on our 5G roadmap, we have developed best-in-class partnerships with leading global players. These will allow our customers to reap the full possibilities of a hyper connected world.

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Well capitalised for

the journey to
the next

We continued to build on the foundations of a strong and leaner balance sheet. We now have untapped firepower in the form of the uncalled portion of the partly paid rights issue and the proposed Google investment in Bharti Airtel. With a deleveraged balance sheet and ability to generate strong free cash flows, we are well placed to capitalise on future growth opportunities and create value for all our stakeholders.

Gross Debt Breakup (as of March 31, 2022)

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Curating digital
experiences to deliver
a riveting

customer
experience

We are obsessed with our customer, and it is this obsession that has led us to continuously raise the bar on innovation so that we can deliver exceptional experiences to them and ensure greater customer lifetime value. At the centre of each innovation is our commitment to foster new connections, experiences, and possibilities for a new generation of customers.

Airtel Next-gen stores

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A bouquet of
digital services

firing on all cylinders

Driven by our customer obsession, we have made significant investments to create a differentiated portfolio of digital services. The digital flywheel of these services is helping us create a seamless experience for our customers and be more efficient. At the same time, it is enabling us to incubate new revenue streams which are growing exponentially and now turning meaningful in the overall scheme of things.

129.4 Mn
Total Customer base of Airtel Payments Bank
36.7 Mn
Monthly transacting user base
`1,333,988 Mn
Gross Merchandise Value
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A future-
proofed

business looking
ahead confidently

On the back of strong investments and a sharp growth focus, we have achieved scale in each of our business segments with a total customer base of about 360 mn in India alone. With continuous investments, product innovation, convergence capabilities, digital tools and focus on customer experience, we have actually made these businesses future proofed to tap on massive upcoming opportunities.


Competitively placed in Mobile


At the centre of Home Broadband market explosion


Dual opportunity in Airtel Business for rapid growth

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Embedding
sustainability

at the core of our
digital journey

Climate change is one of the most critical risks facing humanity. It is incumbent on businesses to stand by governments and communities and address climate issues by considering their own carbon footprint, framing the right strategy to minimise it, and even advocate for policy change and engage customers and employees on the issue. At Airtel, we endeavour to create holistic and sustained value for our stakeholders while protecting our environment and the planet. We stay customer-obsessed and innovation-driven as we reimagine possibilities in the digital world led by a purpose beyond profits.

FY 2030-31 targets

50%
Reduction in GHG emissions across operations
42%
Target for reducing absolute Scope 3 GHG emissions Base year 2021
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About Airtel
Driving transition to a digital economy

Bharti Airtel Limited (Airtel) is one of the largest homegrown consumer brands and India’s premier integrated communications solutions provider.

Through our four key business segments of Mobile, Homes, Digital TV and Airtel Business, we connect millions of people and businesses to transform lives for the better.

Present in 17 Countries across
South Asia and Africa

95.7%
Indian Population Covered
491 Mn+
Customers Globally
18,000+
Global Employees
24%
World Population Covered

* Based on UN Report dated January 1, 2013

Our Winning
Strategy

Key highlights FY 2021-22
Consolidated
`1,165,469 Mn
Revenue
16%
`581,103 Mn
EBITDA
26%
Standalone
`706,419 Mn
Revenue
10%
`355,984 Mn
EBITDA
24%
`209,874 Mn*
Raised through Rights Issue
*25% already received as application money
Upto $1 Bn
Announced investments by Google
`243,336 Mn
Prepayment of deferred spectrum liabilities
Highest ever
Consolidated revenue
India’s first 5G
trial in 700 MHz band rural trial cloud gaming experience
CRISIL AA+/Stable
Upgraded long-term credit rating
491.26 Mn*
Airtel customer base
+4% YoY
326.04 Mn
Mobile Services (India)
+1% YoY
17.56 Mn
Digital TV Services
-1% YoY
4.48 Mn
Homes Services
+46% YoY
128.43 Mn
Africa
+9% YoY
Message from the Chairman
Onwards with courage and confidence

Dear Shareholders,

Amidst new COVID-19 variants, geo-political crises, soaring commodity prices and high inflation, this financial year saw India emerge as a bright spot in the global economy.

Sunil Bharti Mittal

Chairman

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Message from the MD & CEO
Backed by a strong strategy

Dear Shareholders,

The Financial Year 2021-22 was exceptional. In particular, the second Covid wave during April to May 2021 was unprecedented – many of us and the people we know were impacted including our own employees at Airtel.

Gopal Vittal

Managing Director & CEO

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Our Ecosystem
Expanding ecosystem to
elevate experience
1
Business Segments

Mobile Services (India)
Homes Services
Digital TV Services
Airtel Business

2
Strengths

Network
Data
Payments
Distribution

3
Digital Services & Adjacencies

Consumer

4
Partnerships

Amazon/AWS, Apollo247, Apple, Axis Bank, Byju’s, Cisco, Disney+Hotsar, Ericsson, Flipkart, Google, HDFC Bank, IBM, Intel, Meta, Microsoft, MMT, Nokia, Oracle, Pepsico, Qualcomm, Swiggy, Tech Mahindra, Zee and many more.

Segment-wise Performance
Enhancing impact
across businesses
Mobile Services (India)

Airtel offers postpaid, prepaid, roaming, internet and other value-added services.

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Homes Services

Airtel provides fixed-line telephone and broadband services for homes in 847 cities (including LCOs) pan-India.

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Digital TV Services

Airtel’s Direct-To-Home (DTH) platform offers both standard and high definition (HD) digital TV services with 3D capabilities and Dolby surround sound.

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Airtel Business

Airtel is India’s leading and most trusted provider of ICT services with a diverse portfolio of offerings to enterprises, governments, carriers, and small and medium business.

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Our Capital

Financial
Capital

Financial Capital is the backbone of every business and at Airtel, our emphasis remains on sustainable revenue growth, cost optimisation, prudent capital allocation and robust operating cashflow generation.

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Manufactured
Capital

Our ability to delight customers rests on strong network infrastructure. We continue to invest in the latest technologies and innovative solutions, thereby making our network infrastructure future ready.

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Intellectual
Capital

Our ability to delight customers rests on strong network infrastructure. We continue to invest in the latest technologies and innovative solutions, thereby making our network infrastructure future ready.

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Human
Capital

With the spirit of “I am Airtel”, we continually strive to foster a culture where each employee is empowered to deliver their best. Our culture, talent and capabilities are reinforced under the GPS umbrella.

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Social and Relationship
Capital

The relationship that we hold with our stakeholders – including customers, suppliers and local communities is intrinsically linked to our commitment towards providing best products and differentiated services.

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Natural
Capital

At Airtel, we are committed towards responsible and sustainable growth while creating value for our stakeholders, protecting, preserving, and restoring the environment.

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Our Responsible
Approach
Our Operating Environment & Response
Partnering India’s
progress
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Materiality Assessment and Stakeholder Engagement
Building trust at
every stage
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ESG Approach
Sustainability - Our
pathway for the future
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Risks and Opportunities
Augmenting resilience
and relevance
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Download Centre

Integrated Annual
Report 2021-22

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Management
Discussion & Analysis

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Statutory
Reports

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Financial
Statements

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