1. Executive Summary
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Bharti Airtel (BAL) is a leading global telecommunications company with operations in 20 countries across Asia and Africa. Bharti airtel has more than 269 million customers and revenue of more than INR 700bn. Bharti airtel's product and services portfolio includes mobile services, home phones, broadband, calling cards, DTH, IPTV, MPLS Services, satellite services, data transport solutions and conferencing services. Bharti airtel is now the world's fourth largest integrated telco in terms of customer base. In the last three years alone - Bharti airtel won the trust of 100 million new customers. It’s said that today Airtel has joined an elite club of global brands by making it to this year's BrandZTop™ 100 Most Valuable Global Brands list.
Highlights for the full year ended March 31, 2013 as published in the annual report are as follows- * Consolidated total revenues at INR 80,311 crore, up by 12.4% Y-o-Y. * Africa revenues at INR 24,044 crore, up by 21.3% Y-o-Y. * Africa EBITDA at INR 6,315 crore, up by 19.6% Y-o-Y. * Consolidated EBITDA of Rs 24,870 crore, up by 4.9% Y-o-Y.
Over the past few years one sees the global strategy of Airtel shaping up similar to that of its competitors where instead of simply selling network capacity, they are adopting newer models to engage their carrier partners in managed services. The company’s flexibility in quickly adopting newer models, be it the ownership model or managed capacity or interconnecting through different cable assets where they jointly go out and offer services, carrying someone else’s AS number on their network, transfer the content of CDN operators around the world and so on continues to give the company an edge over others.
Up till 2009 Bharti-Airtel had invested more than US$500 million into its worldwide infrastructure, including a number of new cable systems. Airtel’s network consists of SMW4, i2i- which is fully owned, APCN2, c2c,