Bharti Airtel Limited has been propagating its telecommunication business currently in 18 countries throughout Africa and Asia. Several segments of operations are there for the company which includes Mobile Services in Africa, Mobile Services in India, and Mobile Services in South Asia, Home Services and Digital TV Services etc.
The plenty number of products and service offered by the company cover 3G and 4G services, high-speed broadband services, data, video, digital mega solutions etc. Along with these, the company is providing cable submarine system together with telecom towers. The record of March 2019 is showing that the company has around 403 million customers throughout its entire operation.
Bharti Tele-Ventures Limited is the former name of the company which in April 2006 was changed to Bharti Airtel Limited. The company was incepted in 1995. Bharti Airtel Limited is a complete subsidiary of Bharti Telecom Limited and is headquartered at New Delhi, India.
About Company Information:
The company started its business operation with the brand name ‘Airtel’ during 1995-96 in Delhi and Himachal Pradesh. The company achieved the recognition as the first private telecom service operator for providing basic telecom services in Madhya Pradesh, as a license was given to the company in 1997-98.
The company, as a result of acquiring JT Mobiles, started to operate the mobile-phone services in Karnataka, Andhra Pradesh and Punjab and even slightly in Tamil Nadu, through acquiring Skycell Chennai, during 1999-2000. Nation’s first national and international long-distance service IndiaOne was introduced by the company in 2001-02.
Cent per cent of the equity of Bharti Mobitel Ltd, formerly known as Spice Cell Ltd, was acquired by the company in July 2001. Cellular services were introduced by the company in Kerala, Tamil Nadu, Maharashtra, Gujrat, Haryana, Uttar Pradesh (West) and Madhya Pradesh in 2002-03.
The license of Unified Access Services was given to the company for the circles of West Bengal, Sikkim, Andaman & Nicobar, Bihar, Jharkhand, Orissa, Jammu & Kashmir and eastern UP in 2003-04.
Two subsidiaries of the company viz. Bharti Infotel Ltd and Bharti Cellular Ltd had gone through a merger process with the company during 2004-05. Aiming to expand GSM/GPRS services in 15 rural circles of the country, a managed capacity expansion contract was signed by the company with Ericsson.
Seven cent per cent owned subsidiaries such as Bharti Airtel (USA) Ltd, Bharti Airtel (UK) Ltd, Bharti Airtel (Canada) Ltd, Bharti Telemedia Ltd, Bharti Infratel Ltd, Bharti Airtel (Hong Kong) Ltd and Bharti Airtel Lanka (Pvt) Ltd. were incepted by Bharti Airtel Limited during 2006-07.
The entire amount of shares held by Bharti Airtel Services Ltd, a solely owned subsidiary of Bharti Airtel Limited, Bharti Telemedia Ltd was sold to Bharti Airtel Limited and Bharti Enterprise Ltd in a ratio of 60% and 40% respectively.
Acquiring 2,780,306 equity shares, which in total sums up to Rs.166818000, Bharti Airtel Limited increased 1.11% stake in Bharti Hexacom Ltd in February 2019. The company acquired the entire operations of Zain Group in around 15 countries of Africa against around US$10.7 billion.
For acquiring Warid Telecom Uganda, a definitive agreement took place between Warid Group (Warid) and Bharti Airtel Limited, which the company announced in April 2013. The company surpassed the milestone of crossing more than 200 million mobile subscribers, as declared by Bharti Airtel Limited in February 2014. On April 2014, Bharti Airtel Limited notified about its agreement with IBM for managing company’s IT-related infrastructure regarding the operation in India for five years.
Airtel Bangladesh Limited (Airtel) and Robi Axiata Limited (Robi), the telecommunication subsidiaries of Bharti Airtel Limited and Axiata Group Berhad (Axiata) respectively in Bangladesh were merged as a result of the agreement that took place between these two parent companies on October 2016. In November 2017, being in a partnership with Karbonn Mobiles, the company introduced two new Android 4G smartphones at a very low cost as a part of Airtel Mera Pehla Smartphone initiative.
How Bharti Airtel Ltd categorised under Telecommunication Sector and Telecommunications - Service Industry:
The Telecommunication sector is made up of firms that make communication feasible on a global scale. It can be through phone or the internet, through cables or airwaves, through wires or wireless. These organizations created the infrastructure that provides data in audio, words, voice or video which can be sent anywhere in the world. The largest companies in the communication sector are wireless operators, cable companies, satellite companies, and internet service providers.
Bharti Airtel Ltd comes under the TELECOM- Service industry. The telecommunications service industry is an attractive option for investors because it is an essential part of the global economy. Demand for telecommunications services continues regardless of fluctuations in the business cycle.
Bharti Airtel Ltd, Competitors and Sector Peers:
Accord Synergy Ltd - ACCSYN
Cistro Telelink Ltd - CISTEL
City Online Services Ltd - CITONL
Dhanus Technologies Ltd - DHATEC
Esskay Telecom Ltd - ESSKTE
Frog Cellsat Ltd - FROCEL
Mahanagar Telephone Nigam Ltd - MAHATE
Nu Tek India Ltd - NUTEKI
OnMobile Global Ltd - ONMGLO
Quadrant Televentures Ltd - HFCINF
Reliance Communications - RCOM
Spice Communications Ltd [Merged] - SPICOM
Tata Communications Ltd - VIDSAN
Tata Teleservices (Maharashtra) Ltd - TAT182
Tejas Networks Ltd - TEJNET
Tulip Telecom Ltd - TULITS
Uniinfo Telecom Services Ltd - UNIITE
Vodafone Idea Ltd - IDECEL