Bharti Airtel

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For the information technology, see Airtel (FBI).
Bharti Enterprises (Airtel)
TypePublic, Listed on BSE
Founded1985
HeadquartersImage:Flag of India.svg New Delhi, India
Key peopleImage:Flag of India.svg Sunil Mittal
IndustryTelecom
ProductsMobile and Fixed-Line Telecommunication operator
RevenueImage:Green up.pngINR 184.20 billion (FY 2006-2007) or USD 4.65 billion
SloganExpress Yourself
WebsiteBharti Group Airtel

Bharti Airtel (भारती एअरटेल), formerly known as Bharti Tele-Ventures Limited (BTVL) is among India's largest mobile phone and Fixed Network operators. With more than 50 million subscriptions as of 1st October 2007[citation needed], the company is one of the world's fastest growing telecom companies[citation needed]. It offers its mobile services under the Airtel brand and is headed by Sunil Mittal, India's sixth richest man with a total worth of US$27 billion[citation needed]. The company is the only GSM operator to provide mobile services in all the 23 circles in India[citation needed]. The company also provides telephone services and Internet access over DSL in 14 circles. The company complements its mobile, broadband & telephone services with national and international long distance services. The company also has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore. The company provides reliable end-to-end data and enterprise services to the corporate customers by leveraging its nationwide fiber optic backbone, last mile connectivity in fixed-line and mobile circles, VSATs, ISP and international bandwidth access through the gateways and landing station.

Although Bharti Airtel is the largest mobile service provider, BSNL, the state run mobile and wireline service provider is the market leader as of 31 December 2006 customer's base.

Contents

[edit] Airtel

Image:Airtel-logo.svg
Airtel is a brand of telecommunication services in India operated by Bharti Airtel.

Airtel is the largest cellular service provider in India in terms of number of subscribers[citation needed]. Bharti Airtel owns the Airtel brand and provides the following services under the brand name Airtel: Mobile Services (using GSM Technology), Broadband & Telephone Services (Fixed line, Internet Connectivity(DSL) and Leased Line), Long Distance Services and Enterprise Services (Telecommunications Consulting for corporates).

Leading international telecommunication companies such as Vodafone and SingTel held partial stakes in Bharti Airtel.

In April 2006 Bharti Global Limited was awarded a telecommunications licence in Jersey in the Channel Islands by the local telecommunications regulator the JCRA. In September 2006 the Office of Utility Regulation in Guernsey awarded Guernsey Airtel with a mobile telecommunications licence. In May 2007 Jersey Airtel and Guernsey Airtel announced the launch of a relationship with Vodafone for island mobile subscribers. In July 2007, Bharti Airtel signed an MoU with Nokia-Siemens for a 900 million dollar expansion of its mobile and fixed network.[1] In August 2007, the company announced it will be launching a customized version of Google search engine that will provide an 'array of services' to its broadband customers.

[edit] Touchtel

Until September 18 2004, Bharti provided fixed-line telephony and broadband services under the Touchtel brand. Bharti now provides all telecom services including fixed-line services under a common brand "Airtel"

[edit] BlackBerry

On 19th October 2004 Airtel announced the launch of the innovative BlackBerry Wireless Solution in India. The launch is a result of an exclusive tie-up between Bharti Tele-Ventures Limited, India’s leading telecom conglomerate and Research In Motion (RIM). The initiative, a first in India provides the business consumer with a secure and integrated, innovative wireless access solution-Blackberry Airtel customers will be the first to access the advantages of Push-based and Always-on connectivity.


Sonal vikram and Guruchetan joint venture acquires Bharti Telecom

[edit] Awards and recognition

2006

  • Wireless service provider of the year 2005 at the Frost and Sulivan Asia-Pacific ICT awards [2]
  • Competitive service provider of the year 2005 at the Frost and Sulivan Asia-Pacific ICT awards

[edit] In news

Recently Sunil Bharti's Airtel launched its calling card in America specially for the NRI (Non-resident Indians) and people calling from America to India at a cheaper rate as compared to the tariff offered by other providers.

On February 12, 2007 Vodafone sold its 5.6% stake in AirTel back to AirTel for US $1.6 billion; and purchased a controlling stake in rival Hutchison Essar.

In its monthly press release[citation needed], following statistics have been presented for end of April 2007.

  • Bharti Airtel added the highest ever net addition of 5.3 million customers in a single quarter (Q4-FY0607) and also the highest ever net addition of 18 million total subscribers in 2006-07
  • The company will invest up to $3.5 billion this fiscal (07-08) in network expansion.
  • It has an installed base of 40,000 cellsites and 59% population coverage
  • After the proposed network expansion, an additional 30,000 towers will result in the company achieving 70% population coverage
  • Bharti has over 39 million users as on March 31, 2007
  • It has set a target of 125 million subscribers by 2010
  • Prepaid customers account for 88.5% of Bharti’s total subscriber base, an increase from 82.7% a year ago
  • ARPU has dropped to Rs 406
  • Non-voice revenues, (SMS, voice mail, call management, hello tunes and Airtel Live) constituted 10% of total revenues during Q4, lower than 10.7% in the Q4 of the previous year
  • Blended monthly minutes of usage per customer in Q4 was at 475 minutes
  • Has completed 100% verification of its subscribers and in the process disconnected three lakh subscribers

[edit] Market news

Market Capitalisation (as on July 13, 2007)

Approx. Rs. 1,670 billion Closing BSE share price = Rs. 880.75

  • Sales :              02.62 Billion $
  • Profits :             00.46 Billion $
  • Assets :             04.46 Billion $
  • Market Value :  41 Billion $

[edit] References

  1. ^ "Bharti, Nokia sign 900 million dollar expansion MoU", Yahoo! News, July 3, 2007
  2. ^ http://www.blonnet.com/2006/06/19/stories/2006061902370200.htm

[edit] External links

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