Bharti Airtel, a leading mobile service provider in India is Bharti Enterprises' flagship company. According to Forbes Global 2000 list, Bharti Airtel, India's pioneering private telecommunication service provider, is ranked #826. This integrated telecom service provider operates three strategic business units covering 23 telecommunication circles. These three strategic businesses are mobile business, enterprise business, and Airtel telemedia business. Their mobile business comprising fixed wireless and mobile services is spread over 23 telecom circles, whereas their Airtel telemedia business provides telephone and broadband services to clients in 94 cities. International and domestic long distance services and end to end telecommunication solution for companies are included in Airtel enterprise business.
Brief history Bharti Airtel was established as Bharti Tele-Ventures Limited in 1985. This telecommunication company is a joint stock holding enterprise headquartered in New Delhi. Bharti Airtel, commonly called 'Airtel' is among largest mobile service operator with a subscriber base of nearly 75 million. Airtel has a submarine cable landing station in Chennai connecting this South Indian city to Singapore.
Products and services Services offered by Bharti Airtel can be classified into:
Mobile services – Based on number of customers Bharti Airtel is largest mobile service operator in India. This company offers mobile services based on GSM technology. For convenience of its customers Bharti Airtel has both pre- paid and post paid facilities. Enterprise business – Bharti Airtel provides integrated services comprising mobile, telephone, broadband, data and connectivity services internationally as well as nationally for small, medium and large scale enterprises. Its carrier service provides network connectivity through optic fiber over a distance of more than 35,000 km. Bharti Airtel is a member of South East Asia – Middle East – Western Europe – 4 consortium which includes 15 global telecommunication service providers. Airtel Telemedia Services – This company offers high speed broadband services through landlines in 94 cities.
Financials Bharti Airtel till March 2008 had assets worth US $6.61 billion. During period between April 2007 – March 2008, it achieved sales amounting to US $6.61 billion and profits of US $0.94 billion.
Awards and recognition Bharti Airtel was adjudged 'Best Carrier India' at 2008 Telecom Asia. It was recognized as 'Best Cellular Service Provider' and 'Best Broadband Service Provider' at V&D 100 awards for 2008. In 2007, Bharti Airtel won 'Business Leadership Award' from NDTV Profit.
In part two of our feature on Goldman Sachs, we look at Goldman’s networks of power in Europe and consider the ways in which Goldman is using the same dangerous financial products, which caused the 2007 crisis, to bet against Europe’s floundering economies whilst governing, or advising those countries. Finally, we ask what can be done to reduce Goldman’s power.
Read more
Nouriel Roubini, a.k.a. “Doctor Doom”, is chairman of Roubini Global Economics and professor of economics at New York University’s Stern School of Business. Roubini has been consistently cited as one of the world’s top global thinkers. This year, he was voted as the most influential economist in the world by Forbes magazine.
Non-Executive Chairman of Morgan Stanley Asia. Lecturer at Yale University's School of Management and Jackson Institute for Global Affairs. Author of "The Next Asia".
Chancellor of the Exchequer of the United Kingdom from 1992 to 2007. Prime Minister of the UK between 2007 and 2010. Inaugural 'Distinguished Leader in Residence' at New York University. Advisor at World Economic Forum
CEO and co-CIO of PIMCO. Served as President and CEO of the Harvard Management Company for 2 years, while also working at the IMF for 15 years. In 2008, his book "When Markets Collide", won the Financial Times award for Business Book of The Year in addition to being named as the one of the best business books of all time by The Independent.