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Bharti Airtel Limited
Bharti Airtel Limited, the company's existence was marked in the year 1995.
It
is a leading Indian telecommunication service provider through three strategic
business units namely Mobile Services, Broadband & Telephone Services and
Enterprise Services. The company has started with providing mobile service to
single circle entity and now it grown to offer services to all 23 telecom
circles of India. One of the largest integrated private telecom service
providers with an all India mobile footprint, through a combination of organic
and inorganic growth.
During the year 1997-98 Bharti Airtel Ltd becomes the first private telecom
operator to obtain a license to provide basic telephone services in the state of
Madhya Pradesh and in the same period the company forms Bharti BT VSAT Ltd.,
focused on providing VAST solutions
across India and Bharti BT Internet Ltd. The company acquired JT Mobiles,
cellular services operator in Punjab, Karnataka and Andhra Pradesh and becomes
the largest private telecom operator in India during the period of 1999-2000.
Also expands its South Indian footprint by acquiring Skycell, Chennai. The
company acquired a 30.20% equity interest of Telecom Italia in Bharti Telenet
and 18.8% from Bharti Telecom thereby making Bharti Telenet a 100% subsidiary of
Bharti Tele-Ventures.
BTVL also holds
an effective 74% equity in Bharti Mobile and 100% equity in Bharti Cellular.
Bharti Telenet has entered into license agreements to provide fixed-line
services in the Haryana, Delhi, Tamil Nadu and Karnataka Circles. Airtel
launched IndiaOne, India's first private sector national and international long
distance service in the year of 2001-02. The company incorporated India's first
private submarine cable landing station with joint venture from SingTel in the
same year. In 2002-03 the company made a brief corporate restructuring by
merging all the mobile operations into Bharti Cellular Limited and all fixed
line, long distance and data services into Bharat Infotel Limited. Bharti Airtel
made a historic strategic partnership with IBM and Ericsson for outsourcing the
company's core IT and network activities and also launched Blackberry wireless
solution India, as a result of an exclusive tie-up with Research in Motion
(RIM). BTVL's two subsidiaries Bharti Cellular Ltd and Bharti Infotel Ltd have
been merged with the company in the year of 2004.
Subsequently Bharti Broadband Ltd and Satcom Broadband Equipment Ltd has
become the subsidiaries of the company after the above said merger. During the
year 2005 Bharti Airtel Ltd expand its wing to Rajasthan and North East Circles
also by the acquisition of Bharti Hexacom, which owns Licenses to operate
cellular services in the Rajasthan and North East Circles. Bharti Airtel Ltd
noted as 'Indian Mobile Operator of the Year 2005' by Asian Mobile News, became
the top-most Telecom Company and was featured amongst the top three companies
across the sectors in the ET 500 published in June 2005 and the company
Introduced Stock and Portfolio Tracker on the mobile in association with the
Bombay Stock Exchange, it was the first of its kind. The agreement was emerged
with Ericsson and the company in 2005-06 to provide managed services and expands
its GSM/GPRS network into rural India in 15 circles under managed capacity
expansion.
During the year
2006-07 Bharti Airtel has entered into agreement with Microsoft to offer
software and services for the Small and Medium business market in India. The
company also has an agreement with Google to offer services on Airtel Mobile.
Also an agreement with Adani Group to connect Mundra Port and special Economic
Zone. A Three year contract with Nokia at an estimated value of US$400 million
to expand its managed GSM/GPRS/EDGE networks in eight Airtel circles and deploy
a pan India WAP solution across its networks.The company was conferred many
awards during the year 2006-07, such as Best Indian Carrier Award in the Telecom
Asia Awards 2006, Wireless Service Provider of the year and the competitive
Service Provider of the year award in the Telecom Asia Awards 2006, Most
Preferred Cellular Service Provider Award in the telecom category for the year
2006 at the Awaaz Consumer Awards 2006, MIS Asia II Excellence Award 2006 for
Best Knowledge Management, Most Customer Responsive Telecom Company in India by
the Avaya-Economic Times Global Connect Awards and Nasscom IT Innovation Award
for the Business Model Innovation for the year 2006. The company received a
letter of offer from Telecommunications Regulatory Commission of Sri Lanka to
provide 2G and 3G mobile services in Sri Lanka on January 2007.
This was the first international operation of the company. Bharti Airtel
introduced the
Blackberry
8800 business phone in March 2007. Bharti Airtel and GSM Association launched
the Global money transfer pilot project in India. This initiative enable 25
million of NRI's to remit their money to India through mobile phones. During the
year 2007, the company also incorporated Bharti Airtel (USA) Ltd, Bharti Airtel
(UK) Ltd, Bharti Airtel (Canada) Ltd, Bharti Airtel (Hongkong) Ltd as a wholly
owned subsidiary of the company for providing international calling services and
wholesale voice switching and data products in the respective countries. Bharti
Infratel Ltd has been incorporated as a wholly owned subsidiary with an initial
investment of Rs.500000 and also acquired the Submarine Network Cable System
from Network i2i by way of purchase of all the assets or equity for an overall
consideration of US$110 million. In August of the same year Wal-mart formally
marked its entry into India by signing two agreements with Bharti Enterprises.
During January 2008, the company has signed a MoU with VeriSign, Inc agreed to
form a strategic market partnership for jointly launch best-in-class security
services, to deliver VeriSign's identity protection, managed security and fraud
detection services, and to support the development of the next-generation
Internet infrastructure in the Indian market.
The company has achieved the 60 million-customer marks on February 2008. This
landmark has catapulted Bharti Airtel into the club of top mobile operators in
the world in terms of subscriber base. The 60 million-customer base covers
mobile as well as fixed line and broadband customers. Bharti Airtel has
overtaken State-run Bharat Sanchar Nigam Ltd as the largest National Long
Distance (NLD) service provider in terms of revenue, amount of Rs 709 crore. The
company has joined hands with five international companies including Internet
giant Google, Global Transit, KDDI Corporation, Pacnet and SingTel have formed
the Unity Bandwidth Consortium which will together invest about $300 million to
construct the new high-bandwidth, sub-sea cable system linking the US and Japan.
As on March 2008, Bharti Airtel and Micro Technologies India have tied up to
offer micro lost mobile tracking system to secure the mobile handsets of Airtel
subscribers. As on May 2008, in a bid to gain quicker foothold into the rural
areas, Bharti Airtel has formed a joint venture with IFFCO, which will offer
customized mobile services to a target base of 55 million farmers across the
country. Bharti Airtel Ltd is amongst the fastest growing telecom companies in
the world and its moving to attain the position of most admired brand in India
with the three domains as loved by more customers, targeted by top talent and
benchmarked by more business.
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