Bharti Airtel's massive $ 673 million investment in India

Bharti Airtel

Bharti Airtel

Telecommunications giant Bharti Airtel announced today that it will invest 50 billion rupees ($ 673 million) in expanding its data center operations to meet customer demand in and around India.Ajay Chitkara, CEO of Airtel Business, said his Nxtra unit will make the investment by 2025, with plans to build a data center economy in 80 Indian cities.
 

"There is a huge potential and huge demand (for data centres) which is expected in the next three to four years' time," said mr. Chitkara at a virtual press conference. Nxtra currently operates 10 large and 120 edge data centers or smaller data processing facilities across India. The business plan also comes at a time when traditional voice services face new competition from free calls through apps like WhatsApp and Facebook's Signal. A subsidiary of US private equity group Carlyle acquired 25% of Nxtra's shares last year.
 

Airtel still owns 75%.According to Gartner research firm Naveen Mishra, government spending on the cloud in India is expected to exceed $ 12 billion by 2025.Airtel rival Reliance Jio, controlled by Mukesh Ambani, formed an alliance with Microsoft in 2019 to build data centers across India, and this year it has partnered with Google to expand its commercial offering. and win 5G for launch. Separately, Airtel said that Nxtra will increase the use of green energy for its data centers with the aim of meeting 50% of its energy needs from renewable sources.

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