"Airtel" redirects here. For other uses, see Airtel(disambiguation).
This article is about Bharti Airtel worldwide. For Bharti Airtel’s telecommunication operations in India, see Airtel India.
Bharti Airtel Limited
Bharti Airtel Limited.png
Type
Public company
Traded as BSE: 532454 NSE: BHARTIARTL
BSE SENSEX Constituent
Industry Telecommunications
Founded 7 July 1995[1]
Founder Sunil Bharti Mittal
Headquarters Bharti Crescent, 1, Nelson Mandela Road, New Delhi, India[1]
Area served
India, Sri Lanka, Bangladesh, Africa and the Channel Islands
Key people
Sunil Bharti Mittal(Chairman and MD)
Gopal Vittal(CEO, South Asia)
Srikanth Balachandran(Global CFO)
Products Fixed line and mobile telephony, broadband and fixed-line internet services, digital television and IPTV
Revenue Increase?940 billion(US$14 billion)
Operating income
?249 billion(US$3.7 billion)(2013–14)
Profit Increase?52 billion(US$780 million)
Total assets ?433 billion(US$6.5 billion)(2013–14)
Total equity ?1660 billion(US$25 billion)(2013–14)
Owners Bharti Enterprises(52.7%)[2][3]
SingTel(32.5%)[2][3]
Members 324.37 Mn(March 2015)
Number of employees
24, 720(2013–14)[4]
Subsidiaries airtel India
airtel Sri Lanka
airtel Bangladesh
airtel Africa
Airtel-Vodafone
Website airtel.com
Bharti Airtel Limited is an Indian global telecommunications services company headquartered in New Delhi, India. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel provides GSM, 3G and 4G LTE mobile services, fixed line broadband and voice services depending upon the country of operation. It is the largest mobile network operator in India and the third largest in the world with a 325 million subscribers.[5][6] Airtel was named India’s second most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.[7]
Airtel is credited with pioneering the business strategy of outsourcing all of its business operations except marketing, sales and finance and building the’minutes factory’ model of low cost and high volumes. The strategy has since been adopted by several operators.[8] Airtel’s equipment is provided and maintained by Ericsson and Nokia Solutions and Networks[9] whereas IT support is provided by IBM.[10] The transmission towers are maintained by subsidiaries and joint venture companies of Bharti including Bharti Infratel and Indus Towers in India.[11] Ericsson agreed for the first time to be paid by the minute for installation and maintenance of their equipment rather than being paid up front, which allowed Airtel to provide low call rates of?1/minute(US$0.02/minute)