Bharti Hexacom Ltd Business Overview - SOIC x StockScans Report

as of Jul 2026

Bharti Hexacom is a pure-play telecom operator that runs mobile and broadband networks exclusively in two of India’s 22 telecom circles - Rajasthan and the North East - under the Airtel brand. Originally incorporated as Hexacom India in 1995, it became part of the Bharti Airtel group in 2004, gaining access to the group’s digital backbone, tools and brand. Everything the company does flows from a single recurring approach: premiumise the customer base - move people from 2G to 4G/5G, from prepaid to postpaid, and from single-service to converged bundles - and use data science to make the network smarter and the selling sharper.

Business segments

Two engines at different stages - a dominant mobile cash cow and a fast-growing broadband challenger - both built on the same network and brand, and both pushed by the same premiumisation playbook.

1. Mobile Services: the cash engine that funds everything else

A wireless business serving 28 million customers across two underserved circles, where the company is the revenue leader and grows by upgrading subscribers to higher-value plans rather than just adding numbers.

2. Homes and Offices: the broadband challenger riding the mobile base

A fixed-line and broadband business that uses an asset-light partnership model and converged mobile-plus-broadband plans to win homes in markets where fixed-line penetration is still in single digits.

Technology and AI capabilities

A cross-cutting digital engine - built on a proprietary Converged Data Engine - that powers network management, customer acquisition and spam protection across every business line.

Group structure and partners

Bharti Hexacom is a 70%-owned subsidiary of Bharti Airtel Limited, with no subsidiaries of its own - it operates standalone but leans heavily on the parent’s brand, digital tools and management.