Bharti Airtel

Bharti Airtel

Airtel
tel” redirects here. For other uses, see Airtel (disambiguation).

Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, Airtel provides 5G4G and LTE Advanced services all over 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.[5] 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.[6]

Bharti Airtel
Type Public
ISIN INE397D01024
Industry Telecommunications
Founded 7 July 1995; 28 years ago[1]
Founder Sunil Mittal
Headquarters Nelson Mandela RoadVasant Kunj, New Delhi, India[1]
Area served
Worldwide
Key people
Products
Revenue Increase ₹140,081.40 crore (US$18 billion) (2023)[2]
Increase ₹17,230.50 crore (US$2.2 billion) (2023)[2]
Increase ₹8,345.90 crore (US$1.0 billion) (2023)[2]
Total assets Increase ₹446,633.20 crore (US$56 billion) (2023)[2]
Total equity Increase ₹77,562.90 crore (US$9.7 billion) (2023)[2]
Owners
Members Increase 491.26 million[4]
(March-2022)
Number of employees
67,774 (As of Jun 2023 Or Q1FY24)[4]
Subsidiaries
Website https://www.airtel.in

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.[7] Airtel’s equipment is provided and maintained by EricssonHuawei, and Nokia Networks[8] 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.[9] 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 (1.3¢ US)/minute.[10]