Bharti Airtel

This article is about Bharti Airtel worldwide. For Bharti Airtel's telecommunication operations in India, see Airtel India.
Not to be confused with Aircel.

Bharti Airtel Limited
Airtel
Company typePublic
ISININE397D01024
IndustryTelecommunications
Founded7 July 1995; 29 years ago (1995-07-07)[1]
FounderSunil Mittal
HeadquartersNelson Mandela Road, Vasant Kunj, New Delhi, India[1]
Area served
South Asia, Africa, Channel Islands
Key people
Products
RevenueIncrease ₹151,417.8 crore (US$18 billion) (2024)[2]
Increase ₹39,275.70 crore (US$4.7 billion) (2024)[2]
Decrease ₹8,558 crore (US$1.0 billion) (2024)[2]
Total assetsDecrease ₹444,531 crore (US$53 billion) (2024)[2]
Total equityIncrease ₹82,018.8 crore (US$9.8 billion) (2024)[2]
Owners
MembersIncrease~620 million[4]
(March 2024)
Number of employees
86,900+(including 63,297 workers) March 2024)[4]
Divisions
  • Airtel Asia
  • Airtel Europe
  • Airtel Africa
Subsidiaries
[5]
Websiteairtel.in

Bharti Airtel Limited is an Indian multinational telecommunications company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G, 4G and LTE Advanced services throughout India. Currently offered services include fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its Voice over LTE (VoLTE) technology across all Indian telecom circles.[6] It is the second largest mobile network operator in India and the second largest mobile network operator in the world.[4] Airtel was named India's 2nd most valuable brand in the first ever Brandz ranking by Millward Brown and WPP plc.[7]

Airtel is credited with pioneering the strategic management 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, Huawei, and Nokia Networks[9] whereas IT support is provided by Amdocs. The transmission towers are maintained by subsidiaries and joint venture companies of Bharti including Bharti Infratel (merged with Indus Towers) and Indus Towers in India.[10] Ericsson agreed for the first time to be paid by the minute for installation and maintenance of their equipment rather than being paid upfront, which allowed Airtel to provide low call rates of ₹1 (1.2¢ US)/minute.[11]

  1. ^ a b "Overview". Airtel.in. Archived from the original on 7 November 2015. Retrieved 12 November 2015.
  2. ^ a b c d e "Bharti Airtel Ltd. Financial Statements" (PDF). bseindia.com.
  3. ^ "Latest Shareholding Pattern - Bharti Airtel Ltd". Trendlyne.com. Retrieved 17 May 2023.
  4. ^ a b c "Quarterly IR Pack Bharti Airtel Consolidated" (PDF). bharti airtel. 31 March 2024.
  5. ^ "Dialog, Axiata Group and Bharti Airtel sign Definitive Agreement to Merge Operations in Sri Lanka". 18 April 2024.
  6. ^ "Airtel Plans to Launch Its 4G VoLTE Services Later This Year, Says CEO". NDTV Gadgets360.com. Retrieved 10 July 2017.
  7. ^ "HDFC Bank is most valuable brand in India:BrandZ Top 50 Most Valuable Indian Brands study by Millward Brown".
  8. ^ Joji Thomas Philip (15 October 2012). "Bharti Airtel may merge India & Africa operations by mid 2013 – Economic Times". Economictimes.indiatimes.com. Archived from the original on 8 November 2012. Retrieved 29 October 2012.
  9. ^ "Business.in.com". Business.in.com. Archived from the original on 13 July 2011. Retrieved 23 August 2010.
  10. ^ "First break all the rules". The Economist. 15 April 2010. Archived from the original on 28 May 2010. Retrieved 23 August 2010.
  11. ^ "Economist.com". The Economist. 15 April 2010. Archived from the original on 28 May 2010. Retrieved 23 August 2010.