New Delhi, June 18, 2006: Mr. Sunil Bharti Mittal, Chairman & Managing Director, Bharti Airtel Limited has been adjudged as ‘CEO of the Year’ in the service provider category at the prestigious Frost & Sullivan Asia Pacific ICT Awards 2006. In addition, Bharti Airtel Limited has bagged the coveted ‘Wireless Service Provider of the Year’ Award and the ‘Competitive Service Provider of the Year’ Award.
The ‘CEO of the Year’ Award has been conferred on Mr. Sunil Bharti Mittal for his outstanding leadership and took into account Revenue growth of the Company; Market share retained and captured by the Company in 2005; and Financial milestones achieved by the Company in 2005
The Frost & Sullivan Asia Pacific ICT Awards recognise companies and individuals that have pushed the boundaries of excellence - rising above the competition and demonstrating outstanding performance in the information and communications technology industry across Asia Pacific. This year’s awards were hotly contested with over 70 prominent ICT players and telecommunications companies from across the region vying for the awards in three categories - Service Provider, Telecom Vendor, and Enterprise Vendor. The shortlisiting and final selections were made by an eminent panel of judges, which were supported by a highly qualified research team from Frost & Sullivan (For more details on the awards visit http://www.ict-awards.com.
Commenting on the achievement, Mr. Sunil Bharti Mittal, said, “It is an honour to receive these prestigious awards, which are a testimony to our commitment towards providing world-class services to our customers. We are happy that our endeavour to build competitive strength by establishing the best quality network, offering innovative products and a consistent brand experience to our valued customers has been recognised. I congratulate the entire Bharti Airtel team on this achievement.” The ‘Wireless Service Provider of the Year’ Award was won by Bharti Airtel for demonstrating exceptional growth in 2005. The Company was evaluated on the basis of Growth in revenue; Growth in subscriber base; and Innovation in pursuing new revenue streams.
The ‘Competitive Service Provider of the Year’ Award was won by the Company for demonstrating a competitive edge in 2005 based on the following parameters - Consistent revenue growth; EBITDA and net profit growth; Business strategy leading to revenue diversity and minimized risk; Customer satisfaction; Delivering exceptional value to customers - competitively priced plans.
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 http://www.bhartiairtel.in/