| Type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1976 |
| Founder(s) | Sunil Bharti Mittal |
| Headquarters | New Delhi, India |
| Key people | Sunil Bharti Mittal (Chairman & Group CEO) |
| Products | Telecommunications, retail, insurance, digital TV, mobile phones, life insurance, real estate |
| Revenue | US$ 10 billion (2009) |
| Profit | US$ 1.11 billion (2009) |
| Employees | 30,000+ (2010) |
| Subsidiaries | Bharti Airtel, Bharti Infratel, Bharti Realty, Beetel Teletech, Comviva, Jersey and Guernsey, Centum Learning, Bharti Walmart, Bharti Retail, Bharti AXA |
| Website | www.bharti.com |
Bharti Enterprises is an Indian business conglomerate headquartered in New Delhi, India, operating primarily across India and in some other countries like Sri Lanka, Bangladesh, Jersey, Guernsey and Seychelles with expanding operations across Africa in Burkina Faso, Chad, Congo Brazzaville, Democratic Republic of Congo, Gabon, Ghana, Kenya, Madagascar, Malawi, Niger, Nigeria, Sierra Leone, Tanzania, Uganda, and Zambia. It was established by Sunil Bharti Mittal. Bharti Enterprises has businesses spanning across telecom, retail, financial services, manufacturing and software.
The company was founded by Sunil Bharti Mittal along with two siblings in 1976. The company was not so famous in India by its own name, rather its brand names like Airtel and Beetel (PSTN Phone Sets) are household names in India. The company underwent a brand reformation process and changed its logo and corporate Image.
Bharti's primary industry is in the field of telecommunications via its subsidiary companies Bharti Airtel (mobile telecommunications), Bharti Infratel (Passive Telecom Infrastructure provider) and Bharti Teletech (wired telecommunication services, Comviva Technologies and PSTN telephone handsets).
Bharti Airtel Ltd is the 5th largest mobile operator in the world in terms of subscriber base and has a commercial presence in 19 countries. The Company is India’s largest integrated telecom company in terms of customer base and offers Mobile Services, Fixed Line services, Broadband & IPTV, DTH service named Airtel Digital TV, Long Distance and Enterprise services.
Bharti Infratel is owned by Sunil Bharti Mittal. The company deploys and manages telecom towers and communication structure for various wireless operators. Recently the company has pioneered the GreenTowers P7 initiative for the betterment of the environment. In India, Infratel has over 32,000 towers, across 18 states, and 11 Telecom circles, and still growing. Bharti Infratel also has a 42% stake in Indus towers which was created as a Joint Venture between Bharti Infratel, Vodafone and Idea to hive off the Towers business in 12 circles [link to Bharti Infrartel]
’’’Bharti Retail Ltd.’’’ is a wholly owned subsidiary of Bharti Enterprises. Bharti Retail operates a chain of multiple format stores. The company’s neighbourhood format stores operate under the Easyday brand and the compact hypermarket format under the “Easyday market” brand. Recently the company has become more involved in the food economic sectors, with a joint partnership in the agricultural company FieldFresh.[1]
Bharti Enterprises tied-up with Wal-Mart for opening a chain of retail stores all over India. Though the retail chain store venture is yet to see the light, the two companies, in August 2007, made a surprise statement that they have signed a wholesale cash-and-carry deal. The companies would open 10 - 15 cash-and-carry facilities over 7 years and would employ 5,000 people. Each store would occupy 50,000-100,000 square feet.
The other retail companies of Bharti group are Bharti Retail (Holdings) Private Limited, Bharti Retail Resources Private Limited and Cedar Support Services Ltd.
’’’Bharti Teletech’’’ is India’s leading telecom & allied products company. It is one of the largest manufacturers of landline telephones in the world. With a strong distribution network across the country, the company is also the primary distributor of IT and Telecom products from international brands such as Motorola, Blackberry, Thomson, Polycom, Transcend, and Logitech. [2]
Comviva Technologies Limited is an India based organization providing VAS solutions for mobile operators around the world. Comviva was formerly known as Bharti Telesoft and took on the Comviva branding in April 2009.
’’’FieldFresh Foods Pvt. Ltd. ’’’ is a joint venture between Bharti Enterprises and DMPL India Ltd. (a subsidiary of Del Monte Pacific Ltd.). The company offers fresh fruits & vegetables and processed foods & beverages in the domestic as well as international markets.
’’’Bharti AXA General Insurance’’’ is a joint venture between Bharti Enterprises and AXA, world leader in financial protection and wealth management. The company was incorporated in July 2007.
’’’Bharti AXA Life Insurance Company Ltd. ’’’ is a joint venture between Bharti Enterprises and AXA, world leader in financial protection and wealth management. The company offers a range of life insurance and wealth management products.
’’’Bharti AXA Investment Managers Pvt. Ltd. ’’’, an asset management company in India, is a joint venture between Bharti Enterprises, AXA Investment Managers (AXA IM) and AXA Asia Pacific Holdings (AXA APH).
’’’Centum Limited’’’ (formerly ’’’Bharti Learning Systems Limited’’’), a wholly owned subsidiary of Bharti Enterprises, is a learning and development organisation that specialises in the customer experience arena.
’’’Bharti Foundation’’’ was set up in 2000. It aims to create and support programs that bring about sustainable changes through education and the use of technology and information.
’’’Bharti Realty Private Ltd.’’’ is the in-house Real Estate Arm for Bharti Group and facilitates by extending support to the Group Companies for Identifying, Developing and Maintaining Real Estate.
|
|||||
|
|||||
|
|||||||||||||||||||||||||||||||||||||||||