New Delhi, June 25, 2006: Bharti Airtel Limited has created history by being ranked among the top 10 best performing companies in the world in the globally renowned BusinessWeek IT 100 list. Bharti Airtel, which is described by BusinessWeek in the report as a “highly innovative company”, improves its ranking to 10 from last year’s ranking of 19.
Bharti Airtel is the only Indian company in the top 10 list. Bharti Airtel has ranked ahead of companies like Motorola (Rank 11), Google (Rank 13), Microsoft (Rank 37), Hewlett Packard (Rank 44) and Oracle (Rank 51)
Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel Limited said, "It has always been our endeavour to create a world-class organisation that provides best in class services. We are proud to be up there with the very best in the world. This has been made possible by the unrelenting efforts of the entire team at Bharti Airtel."
The companies selected by BusinessWeek were ranked on four criteria: return on equity, revenue growth, and shareholder return (given equal weight), and total revenues (which was weighted).
About Bharti Airtel Limited
Bharti Airtel Limited is one of India’s leading private sector providers of telecommunications services with an aggregate of over 23.29 million customers as of end of May ‘06, consisting of more than 21.86 million mobile customers. The Company was the first private operator to provide mobile services in all the 23 circles in India. The Company also provides telephone services and Internet access over DSL in 15 circles. The Company complements its mobile, broadband & telephone services with national and international long distance services. The Company also has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore. The Company is a part of the consortium, which jointly owns and has developed the next generation undersea cable system SEA-ME-WE-4. The Company provides reliable end-to-end data and enterprise services to the corporate customers by leveraging its nationwide fiber optic backbone, last mile connectivity in fixed-line and mobile circles, VSATs, ISP and international bandwidth access through the gateways and landing station. For more information, visit www.bhartiairtel.in