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Airtel unit Nxtra to invest Rs 5,000 cr to expand data centre business

Plans to build seven hyper-scale data centres that will triple its capacities and help India become a regional hub for data centres

Between 2012 and 2017, Bharti Airtel bought BWA spectrum from Qualcomm, Aircel and Tikona Digital who were the second players in different circles.
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The investment would be made through a mix of internal accruals, equity infusion and debt, said Ajay Chitkara, Director and CEO of Airtel Business.

Aneesh Phadnis Mumbai
Bharti Airtel on Thursday announced that its subsidiary Nxtra will invest Rs 5,000 crore by 2025 to scale up its data centre business.
 
Nxtra By Airtel plans to build seven hyperscale data centres that will treble its capacities, attract business from neighbouring countries, and help India become a regional hub for data centres.
  
The investment will be made through a mix of internal accruals, equity infusion, and debt, said Ajay Chitkara, director and chief executive officer, Airtel Business. Private equity firm Carlyle holds a 25 per cent stake in Nxtra Data.
 
The expansion has been announced amid