10
Bharti Airtel
(BSE: BHARTI)
India
Bharti Airtel is India's largest mobile operator, among all players state-owned and private, with 22 million customers and adding over 1 million more each month. This highly innovative company created telecom history when it farmed out its network management to experts Nokia and Ericsson, and set a trend in the global cellular industry. Last year, Vodafone gave the company a vote of confidence by acquiring 10% mostly from early Bharti investor Warburg Pincus. This year, Bharti will offer its second overseas services after the Seychelles. It acquired a license for tax haven Jersey, in the Channel Islands, and is looking for more. It also plans to spend $2 billion this year to double the size of its network and cover 50% of India's population, up from 40% currently.
Company Info |
|
| 2005 Rank | 19 |
| Sales* ($ Millions) | 2,519.8 |
| Sales Growth (over prev. year) |
46 % |
| Profits* ($ Millions) | 487.9 |
| Return on Equity | 24.6 % |
| Total Return on Sales (12-mo.) | 63.3 |
| Share Price As of 5/31/06 | |
| CURRENT MARKET INFO | BSE: BHARTI |
| No. of Employees | |
| Industry | Communications Equipment |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
Related Articles
Company Snapshot
Bharti Airtel provides telecommunication services primarily to corporate, and small and medium scale enterprises in India. It offers global system for mobile communication (GSM) services, broadband and telephone services, national and international long distance services, and enterprise services. The company's mobile communication services include information services, short message, and prepaid and post paid services, as well as wireless application protocol-enabled Internet access and roaming services. Its telephone services include telephone services, dial-up services, special phone plus services, unified messaging, and audio conference services; and broadband services comprise integrated services digital network, leased line, virtual private networks, and wireless fidelity networks. The company also offers long-distance voice and data communication services, as well as enterprise services, such as voice services, mobile services, satellite services, managed data and Internet services, and managed e-business services. As of Mar. 31, 2006, it provided telecommunications services to approximately 20,925,948 customers, consisting of 19,579,208 GSM mobile and 1,346,740 broadband and telephone customers. Bharti Airtel has strategic alliances with SingTel and Vodafone; partnerships with Ericsson and Nokia; and an information technology alliance with IBM. The company was founded in 1995. It was formerly known as Bharti Tele-Ventures and changed its name to Bharti Airtel in April, 2006. The company is based in New Delhi, India. Bharti Airtel is a part of Bharti Enterprises.
Data provided by 
