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    Sunil Mittal: Bharti Enterprises

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    akshay0660
    Sunil Mittal is an Indian businessman who founded Bharti Enterprises, which operates as Bharti Airtel, India's largest telecommunications company. He has a net worth of $7.8 billion according to Forbes. Mittal started his first business in 1976 with $20,000 borrowed from his father and has since expanded Bharti Enterprises to include companies in telecom, insurance, and retail. Currently, Bharti Airtel has over 25,000 employees and Mittal is in negotiations for major acquisitions in Africa worth over $10 billion.

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    Sunil Mittal: Bharti Enterprises

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    akshay0660
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    Sunil Mittal is an Indian businessman who founded Bharti Enterprises, which operates as Bharti Airtel, India's largest telecommunications company. He has a net worth of $7.8 billion according to Forbes. Mittal started his first business in 1976 with $20,000 borrowed from his father and has since expanded Bharti Enterprises to include companies in telecom, insurance, and retail. Currently, Bharti Airtel has over 25,000 employees and Mittal is in negotiations for major acquisitions in Africa worth over $10 billion.

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    SUNIL MITTAL

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    Sunil Mittal is an Indian businessman who founded Bharti Enterprises, which operates as Bharti Airtel, India's largest telecommunications company. He has a net worth of $7.8 billion according to Forbes. Mittal started his first business in 1976 with $20,000 borrowed from his father and has since expanded Bharti Enterprises to include companies in telecom, insurance, and retail. Currently, Bharti Airtel has over 25,000 employees and Mittal is in negotiations for major acquisitions in Africa worth over $10 billion.

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    98 views14 pages

    Sunil Mittal: Bharti Enterprises

    Uploaded by

    akshay0660
    Sunil Mittal is an Indian businessman who founded Bharti Enterprises, which operates as Bharti Airtel, India's largest telecommunications company. He has a net worth of $7.8 billion according to Forbes. Mittal started his first business in 1976 with $20,000 borrowed from his father and has since expanded Bharti Enterprises to include companies in telecom, insurance, and retail. Currently, Bharti Airtel has over 25,000 employees and Mittal is in negotiations for major acquisitions in Africa worth over $10 billion.

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    of 14

    SUNIL MITTAL

    BHARTI ENTERPRISES
    FORBES:
    Ranking: #87
    Net Worth: $7.8 billion
    Fortune: Self Made
    Source: telecom
    Age: 52
    Country Of Citizenship: India
    Residence: Delhi
    Education: Punjab U, Bachelor of Arts / Science
    Marital Status: Married, 3 children
    PERSONAL LIFE:
    The son of a politician Bharti Mittal, Sunil Mittal is from
    the town of Ludhiana in Punjab.
    He is superstitious about the number 23, as he was born
    on the 23rd and also got married on the 23rd.
    He also becomes vegetarian before any big venture.
    Residing in Delhi, he is married and has three children.
    BHARTI ENTERPRISES:
    Bharti Airtel Bharti AXA Life
    Bharti Teletech Insurance
    Telecom Seychelles Bharti AXA Investment
    Comviva Technologies Managers
    Centum Learning Limited
    Ltd
    Jersey Airtel
    FieldFresh Foods Pvt.
    Guernsey Airtel
    Ltd
    Bharti Foundation
    Bharti Retail
    Bharti Realty
    Bharti AXA General
    Bharti Infratel
    Insurance
    Type Public
    BSE: 532454

    Industry Telecommunications

    Founded July 07, 1995

    Founder(s) Sunil Bharti Mittal

    Headquarters New Delhi, India

    Sunil Mittal
    (Chairman) & (MD)
    Key people
    Sanjay Kapoor
    (CEO)
    Wireless
    Products Telephone
    Internet
    Satellite television

    Revenue ▲ US$ 7.254 billion (2009)

    Operating income ▲ US$ 2.043 billion (2009)

    Net income ▲ US$ 1.662 billion (2009)

    Total assets ▲ US$ 11.853 billion (2009)

    Bharti Enterprises(64.76%)
    Owner(s) SingTel (30.5%)
    Vodafone (4.4%)
    Employees 25,543 (2009)

    Website Bharti.com
    Airtel.in
    AIRTEL BRANDS:
    AIRTEL INDIA
    AIRTEL SRI LANKA
    AIRTEL BANGLADESH
    TOUCHTEL
    AIRTEL DIGITAL TV
    BLACKBERRY/i-PHONE 3GS
    AIRTEL 3G
    Bharti Biography:
    First generation entrepreneur.
    1976- 1st business in Delhi with Rs.20000 borrowed from
    his father, manufactured crankshafts for bicycles.
    1980- sold bicycle parts business, moved to Mumbai.
    1981- purchased import licenses from export companies
    in Punjab. Imported Suzuki portable generators from
    Japan. Govt. banned import licenses.
    Bharti Biography:
    1984- assembled push-button phones in India, formed
    Bharti Telecom Limited(BTL) with Siemens AG of
    Germany.
    Early 1990’s- manufactured fax machines, cordless
    telephones and other telecom gear under brand name
    Beetel.
    1992- successfully bid for 1 of 4 private network licenses,
    collaborated with French telecom group Vivendi.
    1994- business plans were approved by government.
    Bharti Biography:
    1995- Bharti Cellular Limited(BCL) was formed to offer
    cellular services under brand name- AIRTEL.
    Within few years, Bharti became 1st company to cross 2-
    million mobile subscriber mark.
    Bharti also brought down STD/ISD cellular rates in India
    under brand name INDIAONE.
    2004- converted TOUCHTEL-fixed line service- into
    AIRTEL, announced launch of Blackberry Wireless
    Solutions in India
    2006- tie-up with Wal-Mart, announced plans for stores
    across India
    Bharti Biography:
    2008- Airtel tie-up with SingTel in Sri Lanka to provide
    3G services
    2008- started DTH service- Airtel Digital TV in India
    2008- i-Phone 3G services offered
    2009- in talks with MTN group for 100% stake
    2010- Airtel tie-up with Abu Dhabi company Warid
    Telecom to establish Airtel Bangladesh
    2010- negotiating $10.7 billion deal with Zain for African
    assests
    M&A:
    In talks with MTN group, South African telecom
    company, for 100% stake at $45 billion.
    In process of acquiring African arm of Zain telecom,
    Kuwait-based company, for $10.7 billion.
    Latest- Zain chairman says, deal could take months to
    close.
    Philanthrophy:
    He is opening a Football academy in Haryana or Goa to
    help India send a team to the 2018 FIFA World Cup

    Mittal has also been working towards educating India


    through the Bharti Foundation.
    Presented by:
    AKSHAY OJHA
    NITHIN SATHYAN

    THANK YOU

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