|Jan 19, 2018|
|Jan 19, 2018|
Currency in INR
|Full time employees:||17,491|
Bharti Airtel Ltd. engages in the business of providing telecommunication systems and services, passive infrastructure services and direct to home services. The company operates its business through the following segments: Mobile Services India and South Asia, Mobile Services Africa, Telemedia Services, Digital TV Services, Airtel Business, Tower Infrastructure Services, and Others. The Mobile Services India and South Asia segment covers voice and data telecom services provided through wireless technology in the geographies of India and South Asia. The Mobile Services Africa segment covers provision of voice and data telecom services offered to customers in Africa continent. The Telemedia Services segment covers voice and data communications based on fixed network and broadband technology. The Digital TV Services segment includes digital broadcasting services provided under the direct-to-home platform. The Airtel Business segment covers end-to-end telecom solutions being provided to large Indian and global corporations by serving as a single point of contact for all telecommunication needs across data and voice, network integration and managed services. The Tower Infrastructure Services segment includes setting up, operating and maintaining wireless communication towers in India. The Other's segment comprises of mobile commerce services, and also includes administrative and support services. Bharti Airtel was founded by Sunil Bharti Mittal on July 7, 1995 and is headquartered in New Delhi, India.
Bharti Airtel is India's largest cellphone carrier. It serves more than 200 million subscribers in the country. The company is expanding its business in Sri Lanka, Bangladesh and African countries as well.
Chairman Sunil Bharti Mittal founded the company. It started out as a manufacturer of bicycle parts in the 1970s and began making push-button phones in an alliance with Siemens in the 1980s. The company in 1995 became the first in India to offer a mobile phone service.
In the 2000s, Bharti Airtel forged a capital tie-up with Singapore Telecommunications, or Singtel, and boosted its operations by acquiring domestic phone companies. It stepped up its expansion abroad as it took over a telecommunications company in Bangladesh in 2010 and bought 15 African businesses from Kuwait's Zain group.
The Bharti group is overseen by Bharti Enterprises. The leading shareholder of Bharti Airtel is Bharti Telecom, which owns an interest of more than 40% in the company. Singtel, which has bought into Bharti Telecom and Bharti Airtel via group companies, owns a stake of about 30% in Bharti Airtel.
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- Local currency
- US Dollar
|Income before tax||66,784M|
|Dividends per share||1|
|Operating cash flow||298,190M|
Currency in INR
|Income before tax||995.92M|
|Dividends per share||0.01|
|Operating cash flow||4,446.80M|
Currency in USD
- CEO, Managing Director & Executive Director: Gopal Vittal
- Chief Operating Officer-India & South Asia Region: Ajai Puri
- Global Chief Financial Officer: Nilanjan Roy
- Chief Technology Officer & Director-Networks: Abhay Sarvargaonkar
- Senior Vice President-Engineering: Satyamoorti Sivasubramanian
- Bharti Telecom Ltd.(50.1%)
- Singapore Telecommunications Ltd.(14.7%)
- Life Insurance Corp. of India(3.9%)
- Indian Continent Investment Ltd.(2.0%)
- ICICI Prudential Asset Management Co. Ltd.(1.5%)
- ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(1.4%)
- SBI Funds Management Pvt Ltd.(1.1%)
- The Vanguard Group, Inc.(1.1%)
- Dodge & Cox(0.9%)
- BlackRock Fund Advisors(0.8%)
- Website: http://www.airtel.in
- Address: Bharti Crescent, 1, Nelson Mandela Road, New Delhi, 110070, India
- Phone: +91.11.46666100
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