Bharti Airtel Net Worth is17.9 $Billion
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Bharti Airtel Limited, commonly known as Airtel, is an Indian telecommunications services company headquartered at New Delhi, India. It operates in 20 countries across South Asia, Africa and the Channel Islands. Airtel has GSM network in all countries, providing 2G, 3G and 4G services depending upon the country of operation. Airtel is the world's fourth largest mobile telecommunications company with over 261 million subscribers across 20 countries as of August 2012. It is the largest cellular service provider in India, with 186.41 million subscribers as of October 2012. Airtel is the third largest in-country mobile operator by subscriber base, behind China Mobile and China Unicom.
Airtel is the largest provider of mobile telephony and second largest provider of fixed telephony in India, and is also a provider of broadband and subscription television services. It offers its telecom services under the airtel brand, and is headed by Sunil Bharti Mittal. Bharti Airtel is the first Indian telecom service provider to achieve Cisco Gold Certification. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.
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 copied by several operators. Its networka??base stations, microwave links, etc.a??is maintained by Ericsson, Nokia Siemens Network and Huawei, and business support is provided by IBM, and transmission towers are maintained by another company (Bharti Infratel Ltd. in India). 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

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Bharti Airtel Latest News

Warburg Pincus to invest up to $350 mln in Bharti Telemedia Limited

New Delhi, December 12, 2017: Bharti Airtel (“Airtel”), India’s largest telecommunications services provider, and Warburg Pincus, a global private equity firm focused on growth investing, today announced that an affiliate of Warburg Pincus will ...
Posted: December 12, 2017, 6:23 am

Bharti Airtel sells US$350MN stake in DTH division

Indian communications giant Bharti Airtel is offloading a fifth of its direct-to-home (DTH) TV arm Bharti Telemedia to private equity firm Warburg Pincus for US$350 million (INR 2,310 crore). Bharti Airtel will use the funds to cut debt, according to a ...
Posted: December 12, 2017, 11:21 am

Rumor: Bharti Airtel Set To Exit From Kenya, Rwanda, and Tanzania

The prospect of Bharti Airtel BSE exiting Kenya, Rwanda and Tanzania and also monetizing more tower assets in five non-profitable markets would help the firm reduce leverage and boost margins in Africa, analysts said. Chairman Sunil Mittal had recently ...
Posted: December 11, 2017, 4:38 am
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