About Bharti Tele-Ventures
Bharti Tele-Ventures is India's leading private sector provider of telecommunications services based on an aggregate of approximately 3,092,000 customers as of December 31, 2002, consisting of approximately 2,775,000 mobile and 317,000 fixed line. The Company through its subsidiaries also provides fixed-line, long distance and group data and broadband services.
The company seeks to capitalise on the growth opportunities that it believes are available in the Indian market and consolidate its position to be an integrated telecommunications service provider, with a focus on mobile services.
Bharti Tele-Ventures is a holding company and has two principal businesses. The mobile leaders drive the mobile businesses and Infotel Leaders comprise of the fixed line, long distance and group data and broadband services. The services are offered through its wholly owned subsidiaries. The mobile operations are operated through Bharti Cellular Limited while the Company intends to merge all other non-mobile businesses into Bharti Infotel Limited. Currently, Bharti Telenet operates fixed line operations, Bharti Telesonic operates the national and international long distance services while Bharti Broadband Networks offers group data and broadband services..
The Company today offers mobile services in fifteen out of 22 circles in India. As of December 31, 2002, approximately 93% of India’s total mobile subscribers resided in Bharti’s mobile circles, according to COAI reports. Bharti Tele-Ventures was the first private sector operator to provide fixed-line services in India when it commenced providing services in the Madhya Pradesh & Chattisgarh circle in June 1998. BTVL recently launched its fixed-line services in the license areas of Haryana, Delhi, Tamil Nadu and Karnataka and thus became the first private sector service provider to provide fixed-line services in all its licensed areas.
Bharti Tele-Ventures has always believed in creating strong partnerships with its joint venture partners. Today, SingTel and Warburg Pincus are its leading partners. The other partners include leading international financial investors such as International Finance Corporation, Asian Infrastructure Fund Group and New York Life Insurance.