iWorld
Facebook acquires EPL rights for 2019-22
MUMBAI: Broadcasters need to be careful of their turf as digital players are swooping in to pick sporting rights. Facebook has acquired the English Premier League rights for the Southeast Asia territory by paying £200 million.
Facebook made its intentions clear to move into sports by bidding around Rs 3000 crore for the digital rights of Indian Premier League in September last year and hiring Eurosport CEO Peter Hutton earlier this year.
According to Thedrum.com, Facebook has powered ahead of BeIN Sports and Fox Sports Asia to secure the exclusive rights to broadcast live Premier League matches in Southeast Asia from 2019. The coverage of English soccer’s top flight in Thailand, Vietnam, Cambodia and Laos is for a three-year period covering 2019 to 2022.
The rights package includes all 380 Premier League matches each season in what is Facebook’s biggest move into the live sports market to date.
Along with Amazon, Facebook was also widely tipped to make a bid for the Premier League’s domestic rights this year, with the league specifically structuring two packages to make it more attractive to the tech giants. As Facebook stayed away, it was ultimately Amazon who secured the package of 20 live matches each season for three years from 2019.
iWorld
Airtel bets big on digital lending with Rs 20,000 Cr NBFC push
Telecom giant aims to transform India’s credit scene with a high-scale NBFC plan
NEW DELHI: Bharati Airtel is taking a bold step into the financial world. The telecom giant has announced plans to supercharge its Non-Banking Financial Company, Airtel Money Limited, with a whopping Rs 20,000 crore over the coming years.
Airtel will fund 70 per cent of the capital, with the remaining 30 per cent coming from the promoter group via Bharti Enterprises Limited. The move is designed to narrow India’s credit gap and bring simple, secure digital lending to more consumers.
The company is not starting from scratch. Its existing digital lending platform has already disbursed over Rs 9,000 crore, backed by smart underwriting, disciplined portfolio management, and real-time risk monitoring. With 500 plus data scientists and robust analytics, Airtel claims it has built one of the country’s most trusted lending service provider models.
Bharti Airtel executive vice chairman Gopal Vittal said, “Our success over the past two years shows how technology, data, and customer trust can create impact at a national scale. With this NBFC expansion, we aim to build a future-ready digital lending business that stands for trust, innovation, and inclusion.”
Airtel Money received its NBFC licence from the Reserve Bank of India on 13 February 2026. The expansion taps into India’s fast-growing financial sector, where formal credit accounts for just 53 per cent of GDP, highlighting huge room for growth.
The NBFC’s operations will integrate seamlessly with Airtel’s existing lending platform, keeping processes clear for customers while delivering a smooth experience. By leveraging its vast telecom customer base, Airtel aims to set a new benchmark in digital financial services and make lending accessible, simple, and reliable.
The Reserve Bank of India has noted that while Airtel Money has a valid registration certificate, it does not guarantee the company’s financial soundness or the repayment of liabilities.
