Bharti Airtel Plans to Infuse $1 Billion to Grow Data Centre Business 

Bharti Airtel Ltd announced on Monday,31  March, a new financial infusion of around $1 billion into its data centre subsidiary Nxtra, as the telecom giant seeks to expand its digital infrastructure footprint in India amid increased demand for AI-led and cloud services.

According to an exchange filing, Alpha Wave Global, Carlyle, and Anchorage Capital, through their affiliates, would invest $1 billion in Airtel’s data centre unit, Nxtra Data Ltd. The company also stated that it will engage in the fundraising process alongside these investors.

Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, and Airtel will fund the balance. The investors’ final shareholding will be subject to post-closing changes, while Airtel will maintain its majority position in Nxtra. The transaction is subject to regulatory approval in India.

Nxtra, which is positioned as India’s first data centre startup to employ AI at scale for predictive maintenance, energy efficiency, and automated operations, intends to use the cash to accelerate growth. The company intends to significantly grow its infrastructure and expand its service portfolio to serve companies, hyperscalers, and government organisations.

“At Nxtra, we have built one of India’s most advanced and sustainable data center networks… With ~300 MW capacity today, we aim to scale to 1 GW in the next few years, targeting ~25% market share,” Gopal Vittal, Executive Vice Chairman, Airtel, said.

He noted that strategic collaborations with global investors and technology leaders are critical to Airtel’s growth strategy, allowing it to speed expansion and deploy next-generation digital infrastructure on a large scale.

Following the purchase, Nxtra is projected to be valued at approximately $3.1 billion, reflecting investor confidence in India’s rapidly expanding digital infrastructure opportunities.

On Monday, March 30, Bharti Airtel shares fell 3.34% to Rs 1,782.40 on the NSE.

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