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Bharti Airtel Lanka (Pvt) Ltd is a subsidiary of Bharti Airtel Limited. Bharti Airtel has been featured in Forbes Asia's Fab 50 list, rated amongst the best-performing companies in the world in the BusinessWeek IT 100 list 2007, and voted as India's most innovative company in a survey by The Wall Street Journal .
Bharti Telecom (BTL), is a holding company of Bharti Airtel with Bharti Enterprises and SingTel owning 50.56 percent and 49.44 percent, respectively, in BTL, which in turn owns 35.80 percent of Bharti Airtel. [7] Bharti Airtel is the third largest mobile operator in the world, in subscriber base, and has a presence across 18 countries. [8]
In May 2008, Bharti Airtel, an India-based telecommunications company, explored the possibility of buying MTN Group. [13] Reliance Communications was also in talks with MTN for a "potential combination of their businesses". [14] [15] In July, the two companies ended discussions regarding the merger. [16]
Post-merger, Bharti Airtel held a 36.73% stake in Indus Towers, with Vodafone Group Plc holding 28.12%, [7] and 3.1% shares held by Providence Equity. [ 4 ] Currently Indus Towers is a subsidiary of Bharati Airtel after the latter increased it's stake to 50.005% & Vodafone Group Plc exited the company
Tata Docomo was an Indian mobile network operator, a wholly owned subsidiary of Tata Teleservices deriving its name from NTT Docomo who invested in the company in 2008. In October 2017, Bharti Airtel announced a merger deal with Tata Teleservices and the acquisition of Tata Docomo. [3]
Bharti Airtel launched Airtel Payments Bank in September 2016 and went live with its pilot project in Rajasthan in November 2016. [6] It was launched nationally in January 2017 to support the cashless revolution promised by the Government of India. [9] In August 2021, Kotak Mahindra sold its stake to Bharti Enterprises. As of 31 December 2021 ...
In 2021, Kotak Mahindra Bank sold its 8.57% stake in Airtel Payments Bank to Bharti Enterprises for ₹ 295 crore (US$39.81 million). [31] In the same year, Kotak Mahindra Group acquired the vehicle financing portfolio of Volkswagen Finance India [32] and passenger vehicle financing portfolio of Ford Credit India. [33]
Airtel is fined by DoT 3.50 billion for not stopping offering 3G Services through Roaming Pacts outside its Licensed Zones in Seven Circles. On 20 September 2010, Bharti Airtel said that it had given contracts to Ericsson India, Nokia Siemens Networks (NSN) to set up infrastructure for providing 3G services in the country. These vendors would ...