Description
Wireless Customer market share leadership at
21.5%.
Total minutes on network carried in Q1 – 206.2 bn
Total employee strength – 24,843
Balance sheet strength:
Assets – $ 31 billion
Net debt – $ 12.9 billion
Net debt to EBITDA (Annualised)– 2.9 Times
Continues to be FCF positive on a standalone basisThe company recommended a dividend of Rs.1 per
equity share of Rs. 5 each (20% of face value for the
year 2009-10) This is subject to approval by
shareholders at the ensuing AGM to be held on
September 1, 2010.
Investor Presentation
Bharti Airtel Limited
Aug 2010
Disclaimer
The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the
applicable laws and regulations as amended from time to time. There is no representation that all information relating to the context has been taken
care off in the presentation and neither we undertake any obligation as to the regular updating of the information as a result of new information, future
events or otherwise. We will accept no liability whatsoever for any loss arising directly or indirectly from the use of, reliance of any information
contained in this presentation or for any omission of the information. The information shall not be distributed or used by any person or entity in any
jurisdiction or countries were such distribution or use would be contrary to the applicable laws or Regulations. It is advised that prior to acting upon this
presentation independent consultation / advise may be obtained and necessary due diligence, investigation etc may be done at your end. You may
also contact us directly for any questions or clarifications at our end.
This presentation contain certain statements of future expectations and other forward-looking statements, including those relating to our general
business plans and strategy, our future financial condition and growth prospects, and future developments in our industry and our competitive and
regulatory environment. In addition to statements which are forward looking by reason of context, the words ‘may, will, should, expects, plans, intends,
anticipates, believes, estimates, predicts, potential or continue’ and similar expressions identify forward looking statements.
Actual results, performances or events may differ materially from these forward-looking statements including the plans, objectives, expectations,
estimates and intentions expressed in forward looking statements due to a number of factors, including without limitation future changes or
developments in our business, our competitive environment, telecommunications technology and application, and political, economic, legal and social
conditions in India. It is cautioned that the foregoing list is not exhaustive
This presentation is not being used in connection with any invitation of an offer or an offer of securities and should not be used as a basis for any
investment decision.
Investor Relations :- http://www.bhartiairtel.in
For any queries, write to: [email protected]
“ The information contained herein does not constitute an offer of securities for sale in the United States. Securities may not be sold in the United
States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be
made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well
as financial statements. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will
not be accepted.”
3
Mobile Services Telemedia Services Enterprise Services DTH
Emerging Market Characteristics…
Telecom Penetration
Population (mm)
GDP Size, (PPP adjusted)
GDP Growth
(Real)
%
Broadband Penetration
India Africa
8.6%
1200 mm
US$ 3,530 bn
56.83% (671.69 mn telecom subs)
0.80% (9.45 mn)
465mm
3.1%
US$ 6,90 bn
NA
Note: (1) *Telecom and Broadband penetration for India as on June 30
th
2010 as per TRAI press release. (2) Data pertaining to the 15 African countries where Zain Africa has
operations (Source: IMF, Global Insight , Economist Intelligence Unit,CIA World Factbook, World Resource Institute.)
32%
4
Mobile Services Telemedia Services Enterprise Services DTH
The Company...Bharti Airtel – An Integrated Telco
Wireless Services
2G/3G
Rural Market
Sri Lanka
Bangladesh
Africa
Telemedia Services
Fixed Line
Broadband
IPTV
Enterprise Services
Carriers
Corporate
Passive Infrastructure
Services
DTH (Media)
Fully integrated telecom player offering end to end solutions
5
Mobile Services Telemedia Services Enterprise Services DTH
Bharti – a growth journey
‘
DELHI
1996 2001 2003 2004 2010
No. of circles Today
1 5 15 22 19 countries
6
Mobile Services Telemedia Services Enterprise Services DTH
3
rd
LARGEST wireless operator in the world
1
LARGEST operator in NLD, ILD and VSAT business
Bharti Airtel - positioning in the world and India
LARGEST private INTEGRATED telecom company in India
LARGEST WIRELESS operator in India
LARGEST private FIXED LINE operator in India
Note: (1) 3
rd
largest wireless operator in the world refers to in-country (single country) operator based on the number of subscribers.
LARGEST TELECOM company listed on Indian Stock Exchanges
5
th
LARGEST INTEGRATED telecom operator in the world
7
Mobile Services Telemedia Services Enterprise Services DTH
Latest Results – Q1 FY10/11
Key operating and financial metrics
Q1 FY 11 Y-on-Y
Customers 183.37 mn 71.0%
Revenue $ 2,625 mn 17.4%
EBITDA $ 947 mn 3.0%
Cash Profit $ 857 mn -10.0%
Net Income $ 361 mn -32.0%
EBITDA Margin 36.9%
Net Profit Margin 13.7%
ROCE 18.4%
ROE 21.3%
Continued Strong Performance
Wireless Customer market share leadership at
21.5%.
Total minutes on network carried in Q1 – 206.2 bn
Total employee strength – 24,843
Balance sheet strength:
Assets – $ 31 billion
Net debt – $ 12.9 billion
Net debt to EBITDA (Annualised)– 2.9 Times
Continues to be FCF positive on a standalone basis
The company recommended a dividend of Rs.1 per
equity share of Rs. 5 each (20% of face value for the
year 2009-10) This is subject to approval by
shareholders at the ensuing AGM to be held on
September 1, 2010.
Note: (1) Wireless customer market share of India. (2) The recommended dividend is for the shareholders in India.
8
Mobile Services Telemedia Services Enterprise Services DTH
Segment contribution…Rev, EBITDA and Investment
Note: (1) Revenue and EBITDA is gross of inter segment eliminations.(2) Investments are on gross basis.
REVENUE
80%
7%
8%
17%
2%
EBITDA
78%
9%
6%
16%
-7%
INVESTMENTS
89%
9%
3%
17%
2%
Mobile Services Telemedia Services Enterprise Services
Infratel Services Others
9
Mobile Services Telemedia Services Enterprise Services DTH
Performance dashboard - 3 line graph
Productivity Indicators = growing revenues + cost efficiencies + capital productivity
112,725
107,491
103,053
103,785
104,143
38.1%
38.4%
39.9%
40.9%
40.6%
69%
66%
63% 63% 65%
80,000
85,000
90,000
95,000
100,000
105,000
110,000
115,000
Q110 Q210 Q310 Q410 Q111
G
r
o
s
s
R
e
v
e
n
u
e
(
U
S
D
M
n
)
10%
20%
30%
40%
50%
60%
70%
80%
Gross Revenue (USD Mn) (LHS)
Opex to Gross Rev (RHS)
Revenue (annualized) to Gross Cummulative Capex (RHS)
Note: (1) The graph shown above is based on Bharti Airtel (India & South Asia), excluding Bharti Airtel African Operations as it is for less than one month in this quarter
10
Mobile Services Telemedia Services Enterprise Services DTH
Wireless Services
11
Mobile Services Telemedia Services Enterprise Services DTH
Sub Base : 635.51 mn
?second largest market
Wireless Penetration: 53.77%
?lowest in the world
HHI Index: very high
?one of the most competitive market
Prepaid Base: 96%
?one of the highest in the world
Usage per sub per month:
Minutes: 480
?one of the highest
ARPU: ~ US$ 4.6
?one of the lowest
Rate per minute: ~ US$ 0.01
?one of the lowest in the world
VAS: ~ 11.6%
?One of the lowest
Indian Wireless Market…KPIs
Note: (1) Subscriber numbers and wireless penetration numbers as on June 30, 2010 are as per TRAI release (2) Other indicators on the slide are based on Global Wireless
Matrix 2Q10 dated 9
th
July 10 by Merrill Lynch, and reflective of Industry numbers.
MUM
HP
DELHI
AP
CHN
MADHYA PRADESH`
TN
KER
PB
DEL
UP(W)
MP
RAJ
UP(E)
KK
OR
HAR
JK
BH
WB GUJ
MAH
AS
NE
Metros
A Cat.
B Cat.
C Cat.
MUM
HP
DELHI
AP
CHN
MADHYA PRADESH`
TN
KER
PB
DEL
UP(W)
MP
RAJ
UP(E)
KK
OR
HAR
JK
BH
WB GUJ
MAH
AS
NE
Metros
A Cat.
B Cat.
C Cat.
MUM
HP
DELHI
AP
CHN
MADHYA PRADESH`
TN
KER
PB
DEL
UP(W)
MP
RAJ
UP(E)
KK
OR
HAR
JK
BH
WB GUJ
MAH
AS
NE
Metros
A Cat.
B Cat.
C Cat.
Metros
A Cat.
B Cat.
C Cat.
Kol
12
Mobile Services Telemedia Services Enterprise Services DTH
Net Adds in Jun 18.0 Mn…greater than over last
2 months average run rate of 16.6 Mn
S-curve triggered
Rapidly Growing Indian Wireless Market
Note: (1) Actual Data as per Industry Association Releases and Industry Estimates in India.
Fastest Growing Market in the World
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019
-
200
400
600
800
-
2
4
6
8
10
12
14
16
18
20
22
Cl osing Subs Net Adds
13
Mobile Services Telemedia Services Enterprise Services DTH
Wireless Market Structure in India
• Airtel continuously consolidating its market leadership position despite intense competition
• Airtel current monthly net adds at 3.0 million vs. 2.8 million a year ago
• Airtel ranks 1& 2 in 17 circles in terms of number of subscribers
• Over 59% of net adds coming from B&C circles (rural India)
Customer Market Share – CMS (%)
Airtel Continues to lead on Revenue Market Share
Subscriber Trends
110.8
109.1
77.9
68.9
72.5
59.7
34.3
31.2 32.6
18.9
26.1
35.4
29.7
136.6
-
20
40
60
80
100
120
140
160
A
i
r
t
e
l
R
e
l
i
a
n
c
e
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o
d
a
f
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e
B
S
N
L
+
M
T
N
L
I
d
e
a
T
a
t
a
O
t
h
e
r
s
(
m
n
)
Jun-10 Jun-09 Net adds during the year
21%
12%
11%
17%
9%
11%
17%
24%
19%
18%
14%
10%
9%
7%
5%
7%
9%
11%
13%
15%
17%
19%
21%
23%
25%
A
i
r
t
e
l
R
e
l
i
a
n
c
e
V
o
d
a
f
o
n
e
B
S
N
L
+
M
T
N
L
I
d
e
a
T
a
t
a
O
t
h
e
r
s
CMS(Jun'10) CMS(Jun'09)
14
Mobile Services Telemedia Services Enterprise Services DTH
Company Highlights on
Wireless Services
15
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators - Financial
EBITDA (INR mn) & Margin (%)
Revenues (INR mn)
EBITDA
33,310
34,106
30,400
30,237
31,710
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Q110 Q210 Q310 Q410 Q111
40.5
40.2 37.6 36.4 35.9
84,301
82,902
80,898
83,174
88,237
70,000
74,000
78,000
82,000
86,000
90,000
Q110 Q210 Q310 Q410 Q111
16
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators - Operational
Customers & Market Share Prepaid/Postpaid
ARPU & RPM MoU/Sub/Month & MON
0.45
0.48
0.60
0.58
0.53
215
220
230
252
278
-
0.2
0.4
0.6
0.8
Q110 Q210 Q310 Q410 Q111
0
100
200
300
RPM (Rs.) ARPU (INR)
480
468
446
450 478
195,197
172,797
153,241
143,680
140,713
420
440
460
480
500
Q110 Q210 Q310 Q410 Q111
0
100,000
200,000
300,000
MoU/ Sub (Mi n) Tot al mi nut es on Net work (Mn Mi n)
96.0%
95.8%
95.3%
95.2%
94.7%
94.2%
93.5%
92.9%
92.3%
99.2%
101.7%
97.5%
100.4%
101.1%
100.8%
97.9%
98.4%
99.6%
85%
90%
95%
100%
105%
Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410 1Q11
Prepaid Subs Prepaid Net Adds
110.5
102.4
118.9
127.6
136.6
21.8%
22.7%
23.5%
24.0%
21.5%
0
40
80
120
160
Q110 Q210 Q310 Q410 Q111
20%
21%
23%
24%
26%
Cust omers (mn) CMS (%)
17
Mobile Services Telemedia Services Enterprise Services DTH
Customer Base : 36.36 Mn
Performace Indicators:
Revenue: 9,583 Mn
EBITDA: 2,635 Mn
Prepaid Base: 99.3%
?one of the highest in the
world
Usage per sub per month: 103 Minutes
?one of the lowest
ARPU: ~ US$ 7.4
?one of the competitive
market
Rate per minute: ~ US¢ 7.2
?one of the highest in the
world
VAS: ~ 7.9%
?One of the lowest
Africa Wireless Market…KPIs
18
Mobile Services Telemedia Services Enterprise Services DTH
Current positioning and way forward…
Brand
Distribution
Churn lower than industry
Spectrum Mix (900/1800 MHz)
Improving cost efficiencies
Lowest cost GSM network
Revenue size
(>$ 9 Bn)
Revenue Market
Share
Increasing the usage through U&R drive
Wallet share
Driven by rural strategy
Changing face of
growth through M-Com,
M-entertainment & 3G
Leadership Positioning Growth strategy and plans
Revenue
Non financial
vitals
Cost
New Revenue
Streams
Net Adds
Maximizing
usage
19
Mobile Services Telemedia Services Enterprise Services DTH
Telemedia Services
20
Mobile Services Telemedia Services Enterprise Services DTH
A snapshot
Largest private operator having presence in the voice , broadband , IPTV and data.
Focus on SMB segment & Broadband at Homes
Key Performance Indicators
1. Voice (wire-line) and Data (DSL) Presence in 88 top cities of India.
2. Target Segment : Retail and Small and Medium Enterprises.
3. Customer base: 3.15 million
(end June2010)
4. Broadband (DSL with speeds>256 kbps) penetration at 42.6% of customer base.
5. Average ARPU for Quarter ended Jun’10 $ 20.6 per month.
6. Segment contributing to 7% of overall revenues of the company.
7. EBITDA margin of over 44.0%.
Broadband revolution to follow wireless revolution in India
SMB opportunity across ICT stream
21
Mobile Services Telemedia Services Enterprise Services DTH
21
Telemedia Services
Business Units
SMBs
Homes
Products
• Voice
• Data
• Mobile Services
• Applications
•SaaS
• Broadband
• Voice
• IPTV
Goal
One-Stop Shop for All Airtel Services
and Solutions to SMBs
Dominant Broadband & Fixed Voice
share of the affluent in targeted 95
cities
Strategies
• Data Products: Internet, MPLS etc.
• Integrated Solutions to drive share of
wallet like hosted e mail, online
desktop etc.
• Strategic Alliances
• Indirect Channel to Drive Penetration
• Deeper & Not Wider: 95 Cities
• Enhancing Broadband experience :
Speed on Demand, Games on
Demand & VAS
• Vertical & Not Horizontal: Hi-Rise
• Drive Triple Play
• Drive Higher spends for better
customer experience
22
Mobile Services Telemedia Services Enterprise Services DTH
22
Product Portfolio
23
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators
Customers (overall & DSL) ARPU (INR)
Revenues (INR mn) EBITDA (INR Mn) & Margin (%)
8,551 8,543 8,549
8,960
8,511
7,000
7,300
7,600
7,900
8,200
8,500
8,800
9,100
Q110 Q210 Q310 Q410 Q111
1,027
989
964
937
961
800
850
900
950
1,000
1,050
1,100
1,150
1,200
Q110 Q210 Q310 Q410 Q111
2,928
2,989
3,067
3,153
2,828
1343 1,297
1,241
1,187
1,138
1,250
1,500
1,750
2,000
2,250
2,500
2,750
3,000
3,250
Q110 Q210 Q310 Q410 Q111
0
500
1,000
1,500
2,000
Fixed Line Customers ('000) DSL Cust. ('000)
3,466
3,646
3,933
3,684
3,938
3,000
3,200
3,400
3,600
3,800
4,000
Q110 Q210 Q310 Q410 Q111
40.5 42.7 46.0 43.3 44.0
24
Mobile Services Telemedia Services Enterprise Services DTH
Enterprise Services
25
Mobile Services Telemedia Services Enterprise Services DTH
A snapshot
Enterprise Services provides a broad portfolio of services to large Enterprise and Carrier customers
Corporates: Single point of contact for all telecommunication needs for Top 2500 corporate
customers, providing full suite of voice, data, and managed communications solutions
Carriers: Wholesale voice and data services to over 130 domestic and 450 international
telecommunications carriers, as well as ILD and NLD carriage for Airtel’s own customers
Extensive national and international infrastructure
Pan-India network with 129,244 Route kms of optical fiber, over 4,150 MPLS and SDH POPs
Access network (terrestrial) in 88 cities, Wimax network in 143 cities, and over 1,500 local POIs
International network with 225,000 Route Kms, connecting over 50 countries and 5 Continents.
Key Performance Indicators (Q1 ‘11)
NLD Minutes Carried: 17.3 Billion ; ILD Minutes Carried: 3.0 Billion
Revenue: Rs.10,186 Million (8 % Segment Contribution Share)
EBITDA: Rs. 2,497 Million (24.5% EBITA Margin)
26
Mobile Services Telemedia Services Enterprise Services DTH
Highlights
# 1 Operator in India in terms of:
NLD Revenue (Voice & Data)
ILD Revenue (Voice & Data)
Private Fixed Line Operator
Corporate Internet Provider
VSAT Provider (installed base)
27
Mobile Services Telemedia Services Enterprise Services DTH
What We Offer
• Wholesale Voice
- Domestic & International Voice Carriage
Services
- International & Domestic Toll Free
services
- International Calling Services
- Signaling Based Services
- Global Wholesale Voice (Hubbing &
Transit)
• Wholesale Data
- Transport Services
- Access Services – Terrestrial/WiMax in
India
- Managed Network Services
- Internet Access Services
- Hosting & Services for Carrier PoPs
- Carrier Outsourcing & Content Distribution
• Retail Voice
- Mobility Solutions
- Corporate Mobile Ser Voice Services
- Mobile Data (Blackberry, Data card, applications)
- SMS-Based Tools & Bulk SMS Solutions
- Workforce Mobility Solutions (Vehicle Tracking,
etc.)
- Fixed line Solutions
- Fixed Line/ PRI/ Centrex Services
- Domestic Toll Free Service
- Hosted Contact Centre Services
- Premium International Toll Free Service
• Retail Data
- Internet Services &Managed MPLS Services
- Domestic and Int’l Private Leased Lines
- Data Center & Managed Services
- Digital Media & Teleport Services
- Audio and Video Conferencing Solutions
27
28
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators – Enterprise Services
Voice Minutes on Network
Revenues (INR mn) EBITDA (INR mn) & Margin (%)
12,417
13,944
15,875
17,333
11,781
3,044
3,173
3,100 3,181
2,869
0
3,000
6,000
9,000
12,000
15,000
18,000
Q110 Q210 Q310 Q410 Q111
NLD Minut es (mn) ILD Minut es (mn)
11,627
11,355
11,048
10,768
10,186
5,000
6,000
7,000
8,000
9,000
10,000
11,000
12,000
Q110 Q210 Q310 Q410 Q111
2,942
3,141
3,274
3,221
2,497
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Q110 Q210 Q310 Q410 Q111
25.3 27.7 29.6 29.9 24.5
29
Mobile Services Telemedia Services Enterprise Services DTH
Passive Infrastructure Services
30
Mobile Services Telemedia Services Enterprise Services DTH
A snapshot
Bharti Infratel operates in 11 circles.
Indus Tower operates in 15 circles.
Standard Master Services Agreement with competitive rates already in place.
Key focus areas:
To increase sharing factor (tenancy) from current levels of 1.65 for Infratel and 1.75 for Indus.
Provide energy optimization solutions and other network management services.
Evaluate other revenue streams.
Key performance Indicators (Infratel):
Total Towers: 31,196 (nos)
Sharing Factor: 1.65
Sharing Revenue per sharing operator per month at Rs. 36,290.
EBITDA margin: 35.5%
Key performance Indicators (Indus):
Total Towers: 104,901 (nos)
Sharing Factor: 1.75
Sharing Revenue per sharing operator per month at Rs. 30,379.
Aim to be the preferred choice of vendor for all existing and new operators
31
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators - Bharti Infratel
15,937
17,049
18,407
19,459
20,412
10,000
12,000
14,000
16,000
18,000
20,000
22,000
Q110 Q210 Q310 Q410 Q111
Revenues (INR mn) EBITDA (INR mn) & Margin (%)
Towers (nos) & Sharing Factor
Sharing Revenue per Sharing
Operator per Month (Rs)
28,078
29,112
30,568
31,196
29,806
1.43
1.49
1.57
1.62
1.65
26,000
27,000
28,000
29,000
30,000
31,000
32,000
Q110 Q2 10 Q3 10 Q410 Q111
1.00
1.10
1.20
1.30
1.40
1.50
1.60
1.70
No of t owers Sharing Fact or
38,107
36,420
36,696
36,878
36,290
25,000
29,000
33,000
37,000
41,000
Q110 Q2 10 Q3 10 Q410 Q111
Sharing Revenue per Sharing Operator per month
7,240 7,224
6,267
5,831
5,201
5,000
5,500
6,000
6,500
7,000
7,500
Q110 Q210 Q310 Q410 Q111
32.6 34.2 34.0 37.1 35.5
32
Mobile Services Telemedia Services Enterprise Services DTH
Indus Towers
Roof Top Tower
Ground Based Tower
First of its kind deal…Bharti (42%), Voda (42%) &
Idea (16%)
Largest independent tower company in the world
~ 100,000 towers under its management
Benefits from captive tenancy as well as external
tenants
Incremental investment in towers to come from
new operators / subscriber growth / 3G
102,696
104,901
102,938
100,728
97,925
1.75
1.71
1.61
1.61
1.55
93,000
95,000
97,000
99,000
101,000
103,000
105,000
Q110 Q210 Q310 Q410 Q111
1.40
1.50
1.60
1.70
1.80
No of towers Sharing Factor
33
Mobile Services Telemedia Services Enterprise Services DTH
Recent Honours
34
Mobile Services Telemedia Services Enterprise Services DTH
Rated as the ‘Powerful Brand’
in the Economic Times- Brand
Finance ‘Brand Power
(the only corporate brand to be awarded the
AAA rating)
Rated as India's Best
Enterprise Services
Provider for 2009 at the
annual Users’ Choice Awards
instituted by PC Quest.
Bharti Airtel – Leadership in business
Recent Honours
Bharti Airtel won tele.net Telecom
Operator awards in 6 out of total 14
categories including Most Admired
Company, Best National Mobile
operator, Best Internet and
Broadband operator, Best Operator in
Rural Market, Best Enterprise
Services
Sunil Bharti Mittal, Chairman & Group
CEO
•Honorary degree of Doctor of Laws by
University of Leeds (UK) in 2009
•Tenth Lal Bahadur Shastri National
Award by the Hon’ble President of India in
2009
Akhil Gupta, Deputy Group CEO & MD
•CA Business Achiever Award by
Institute of Chartered Accountants of
India.
Manoj Kohli, CEO( International) &
Joint MD
• Telecom Man of the year by Tele.net in
Apr’10
Best Cellular Service
Provider and Best VSAT &
NLD player Service
Provider at the 2009 Voice & Data
100 Awards
Adjudged Wireless Service
Provider of the Year 2009 -
Frost & Sullivan Asia Pacific
ICT Awards
( in recognition of innovation, vision ,
strategy and profitability)
Best Global Wholesale
Carrier for 2009 at the
Telecoms World Awards
Middle East.
Voted as the India’s Most
Innovative company in a
survey conducted by Wall
Street Journal
Adjudged Most Preferred Cellular Service Provider Brand
award at the 2010 CNBC Awaaz Consumer Awards
Disclaimer
The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the
applicable laws and regulations as amended from time to time. There is no representation that all information relating to the context has been taken
care off in the presentation and neither we undertake any obligation as to the regular updating of the information as a result of new information, future
events or otherwise. We will accept no liability whatsoever for any loss arising directly or indirectly from the use of, reliance of any information
contained in this presentation or for any omission of the information. The information shall not be distributed or used by any person or entity in any
jurisdiction or countries were such distribution or use would be contrary to the applicable laws or Regulations. It is advised that prior to acting upon this
presentation independent consultation / advise may be obtained and necessary due diligence, investigation etc may be done at your end. You may
also contact us directly for any questions or clarifications at our end.
This presentation contain certain statements of future expectations and other forward-looking statements, including those relating to our general
business plans and strategy, our future financial condition and growth prospects, and future developments in our industry and our competitive and
regulatory environment. In addition to statements which are forward looking by reason of context, the words ‘may, will, should, expects, plans, intends,
anticipates, believes, estimates, predicts, potential or continue’ and similar expressions identify forward looking statements.
Actual results, performances or events may differ materially from these forward-looking statements including the plans, objectives, expectations,
estimates and intentions expressed in forward looking statements due to a number of factors, including without limitation future changes or
developments in our business, our competitive environment, telecommunications technology and application, and political, economic, legal and social
conditions in India. It is cautioned that the foregoing list is not exhaustive
This presentation is not being used in connection with any invitation of an offer or an offer of securities and should not be used as a basis for any
investment decision.
Investor Relations :- http://www.bhartiairtel.in
For any queries, write to: [email protected]
“ The information contained herein does not constitute an offer of securities for sale in the United States. Securities may not be sold in the United
States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be
made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well
as financial statements. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will
not be accepted.”
doc_724782637.pdf
Wireless Customer market share leadership at
21.5%.
Total minutes on network carried in Q1 – 206.2 bn
Total employee strength – 24,843
Balance sheet strength:
Assets – $ 31 billion
Net debt – $ 12.9 billion
Net debt to EBITDA (Annualised)– 2.9 Times
Continues to be FCF positive on a standalone basisThe company recommended a dividend of Rs.1 per
equity share of Rs. 5 each (20% of face value for the
year 2009-10) This is subject to approval by
shareholders at the ensuing AGM to be held on
September 1, 2010.
Investor Presentation
Bharti Airtel Limited
Aug 2010
Disclaimer
The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the
applicable laws and regulations as amended from time to time. There is no representation that all information relating to the context has been taken
care off in the presentation and neither we undertake any obligation as to the regular updating of the information as a result of new information, future
events or otherwise. We will accept no liability whatsoever for any loss arising directly or indirectly from the use of, reliance of any information
contained in this presentation or for any omission of the information. The information shall not be distributed or used by any person or entity in any
jurisdiction or countries were such distribution or use would be contrary to the applicable laws or Regulations. It is advised that prior to acting upon this
presentation independent consultation / advise may be obtained and necessary due diligence, investigation etc may be done at your end. You may
also contact us directly for any questions or clarifications at our end.
This presentation contain certain statements of future expectations and other forward-looking statements, including those relating to our general
business plans and strategy, our future financial condition and growth prospects, and future developments in our industry and our competitive and
regulatory environment. In addition to statements which are forward looking by reason of context, the words ‘may, will, should, expects, plans, intends,
anticipates, believes, estimates, predicts, potential or continue’ and similar expressions identify forward looking statements.
Actual results, performances or events may differ materially from these forward-looking statements including the plans, objectives, expectations,
estimates and intentions expressed in forward looking statements due to a number of factors, including without limitation future changes or
developments in our business, our competitive environment, telecommunications technology and application, and political, economic, legal and social
conditions in India. It is cautioned that the foregoing list is not exhaustive
This presentation is not being used in connection with any invitation of an offer or an offer of securities and should not be used as a basis for any
investment decision.
Investor Relations :- http://www.bhartiairtel.in
For any queries, write to: [email protected]
“ The information contained herein does not constitute an offer of securities for sale in the United States. Securities may not be sold in the United
States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be
made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well
as financial statements. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will
not be accepted.”
3
Mobile Services Telemedia Services Enterprise Services DTH
Emerging Market Characteristics…
Telecom Penetration
Population (mm)
GDP Size, (PPP adjusted)
GDP Growth
(Real)
%
Broadband Penetration
India Africa
8.6%
1200 mm
US$ 3,530 bn
56.83% (671.69 mn telecom subs)
0.80% (9.45 mn)
465mm
3.1%
US$ 6,90 bn
NA
Note: (1) *Telecom and Broadband penetration for India as on June 30
th
2010 as per TRAI press release. (2) Data pertaining to the 15 African countries where Zain Africa has
operations (Source: IMF, Global Insight , Economist Intelligence Unit,CIA World Factbook, World Resource Institute.)
32%
4
Mobile Services Telemedia Services Enterprise Services DTH
The Company...Bharti Airtel – An Integrated Telco
Wireless Services
2G/3G
Rural Market
Sri Lanka
Bangladesh
Africa
Telemedia Services
Fixed Line
Broadband
IPTV
Enterprise Services
Carriers
Corporate
Passive Infrastructure
Services
DTH (Media)
Fully integrated telecom player offering end to end solutions
5
Mobile Services Telemedia Services Enterprise Services DTH
Bharti – a growth journey
‘
DELHI
1996 2001 2003 2004 2010
No. of circles Today
1 5 15 22 19 countries
6
Mobile Services Telemedia Services Enterprise Services DTH
3
rd
LARGEST wireless operator in the world
1
LARGEST operator in NLD, ILD and VSAT business
Bharti Airtel - positioning in the world and India
LARGEST private INTEGRATED telecom company in India
LARGEST WIRELESS operator in India
LARGEST private FIXED LINE operator in India
Note: (1) 3
rd
largest wireless operator in the world refers to in-country (single country) operator based on the number of subscribers.
LARGEST TELECOM company listed on Indian Stock Exchanges
5
th
LARGEST INTEGRATED telecom operator in the world
7
Mobile Services Telemedia Services Enterprise Services DTH
Latest Results – Q1 FY10/11
Key operating and financial metrics
Q1 FY 11 Y-on-Y
Customers 183.37 mn 71.0%
Revenue $ 2,625 mn 17.4%
EBITDA $ 947 mn 3.0%
Cash Profit $ 857 mn -10.0%
Net Income $ 361 mn -32.0%
EBITDA Margin 36.9%
Net Profit Margin 13.7%
ROCE 18.4%
ROE 21.3%
Continued Strong Performance
Wireless Customer market share leadership at
21.5%.
Total minutes on network carried in Q1 – 206.2 bn
Total employee strength – 24,843
Balance sheet strength:
Assets – $ 31 billion
Net debt – $ 12.9 billion
Net debt to EBITDA (Annualised)– 2.9 Times
Continues to be FCF positive on a standalone basis
The company recommended a dividend of Rs.1 per
equity share of Rs. 5 each (20% of face value for the
year 2009-10) This is subject to approval by
shareholders at the ensuing AGM to be held on
September 1, 2010.
Note: (1) Wireless customer market share of India. (2) The recommended dividend is for the shareholders in India.
8
Mobile Services Telemedia Services Enterprise Services DTH
Segment contribution…Rev, EBITDA and Investment
Note: (1) Revenue and EBITDA is gross of inter segment eliminations.(2) Investments are on gross basis.
REVENUE
80%
7%
8%
17%
2%
EBITDA
78%
9%
6%
16%
-7%
INVESTMENTS
89%
9%
3%
17%
2%
Mobile Services Telemedia Services Enterprise Services
Infratel Services Others
9
Mobile Services Telemedia Services Enterprise Services DTH
Performance dashboard - 3 line graph
Productivity Indicators = growing revenues + cost efficiencies + capital productivity
112,725
107,491
103,053
103,785
104,143
38.1%
38.4%
39.9%
40.9%
40.6%
69%
66%
63% 63% 65%
80,000
85,000
90,000
95,000
100,000
105,000
110,000
115,000
Q110 Q210 Q310 Q410 Q111
G
r
o
s
s
R
e
v
e
n
u
e
(
U
S
D
M
n
)
10%
20%
30%
40%
50%
60%
70%
80%
Gross Revenue (USD Mn) (LHS)
Opex to Gross Rev (RHS)
Revenue (annualized) to Gross Cummulative Capex (RHS)
Note: (1) The graph shown above is based on Bharti Airtel (India & South Asia), excluding Bharti Airtel African Operations as it is for less than one month in this quarter
10
Mobile Services Telemedia Services Enterprise Services DTH
Wireless Services
11
Mobile Services Telemedia Services Enterprise Services DTH
Sub Base : 635.51 mn
?second largest market
Wireless Penetration: 53.77%
?lowest in the world
HHI Index: very high
?one of the most competitive market
Prepaid Base: 96%
?one of the highest in the world
Usage per sub per month:
Minutes: 480
?one of the highest
ARPU: ~ US$ 4.6
?one of the lowest
Rate per minute: ~ US$ 0.01
?one of the lowest in the world
VAS: ~ 11.6%
?One of the lowest
Indian Wireless Market…KPIs
Note: (1) Subscriber numbers and wireless penetration numbers as on June 30, 2010 are as per TRAI release (2) Other indicators on the slide are based on Global Wireless
Matrix 2Q10 dated 9
th
July 10 by Merrill Lynch, and reflective of Industry numbers.
MUM
HP
DELHI
AP
CHN
MADHYA PRADESH`
TN
KER
PB
DEL
UP(W)
MP
RAJ
UP(E)
KK
OR
HAR
JK
BH
WB GUJ
MAH
AS
NE
Metros
A Cat.
B Cat.
C Cat.
MUM
HP
DELHI
AP
CHN
MADHYA PRADESH`
TN
KER
PB
DEL
UP(W)
MP
RAJ
UP(E)
KK
OR
HAR
JK
BH
WB GUJ
MAH
AS
NE
Metros
A Cat.
B Cat.
C Cat.
MUM
HP
DELHI
AP
CHN
MADHYA PRADESH`
TN
KER
PB
DEL
UP(W)
MP
RAJ
UP(E)
KK
OR
HAR
JK
BH
WB GUJ
MAH
AS
NE
Metros
A Cat.
B Cat.
C Cat.
Metros
A Cat.
B Cat.
C Cat.
Kol
12
Mobile Services Telemedia Services Enterprise Services DTH
Net Adds in Jun 18.0 Mn…greater than over last
2 months average run rate of 16.6 Mn
S-curve triggered
Rapidly Growing Indian Wireless Market
Note: (1) Actual Data as per Industry Association Releases and Industry Estimates in India.
Fastest Growing Market in the World
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 2019
-
200
400
600
800
-
2
4
6
8
10
12
14
16
18
20
22
Cl osing Subs Net Adds
13
Mobile Services Telemedia Services Enterprise Services DTH
Wireless Market Structure in India
• Airtel continuously consolidating its market leadership position despite intense competition
• Airtel current monthly net adds at 3.0 million vs. 2.8 million a year ago
• Airtel ranks 1& 2 in 17 circles in terms of number of subscribers
• Over 59% of net adds coming from B&C circles (rural India)
Customer Market Share – CMS (%)
Airtel Continues to lead on Revenue Market Share
Subscriber Trends
110.8
109.1
77.9
68.9
72.5
59.7
34.3
31.2 32.6
18.9
26.1
35.4
29.7
136.6
-
20
40
60
80
100
120
140
160
A
i
r
t
e
l
R
e
l
i
a
n
c
e
V
o
d
a
f
o
n
e
B
S
N
L
+
M
T
N
L
I
d
e
a
T
a
t
a
O
t
h
e
r
s
(
m
n
)
Jun-10 Jun-09 Net adds during the year
21%
12%
11%
17%
9%
11%
17%
24%
19%
18%
14%
10%
9%
7%
5%
7%
9%
11%
13%
15%
17%
19%
21%
23%
25%
A
i
r
t
e
l
R
e
l
i
a
n
c
e
V
o
d
a
f
o
n
e
B
S
N
L
+
M
T
N
L
I
d
e
a
T
a
t
a
O
t
h
e
r
s
CMS(Jun'10) CMS(Jun'09)
14
Mobile Services Telemedia Services Enterprise Services DTH
Company Highlights on
Wireless Services
15
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators - Financial
EBITDA (INR mn) & Margin (%)
Revenues (INR mn)
EBITDA
33,310
34,106
30,400
30,237
31,710
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
Q110 Q210 Q310 Q410 Q111
40.5
40.2 37.6 36.4 35.9
84,301
82,902
80,898
83,174
88,237
70,000
74,000
78,000
82,000
86,000
90,000
Q110 Q210 Q310 Q410 Q111
16
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators - Operational
Customers & Market Share Prepaid/Postpaid
ARPU & RPM MoU/Sub/Month & MON
0.45
0.48
0.60
0.58
0.53
215
220
230
252
278
-
0.2
0.4
0.6
0.8
Q110 Q210 Q310 Q410 Q111
0
100
200
300
RPM (Rs.) ARPU (INR)
480
468
446
450 478
195,197
172,797
153,241
143,680
140,713
420
440
460
480
500
Q110 Q210 Q310 Q410 Q111
0
100,000
200,000
300,000
MoU/ Sub (Mi n) Tot al mi nut es on Net work (Mn Mi n)
96.0%
95.8%
95.3%
95.2%
94.7%
94.2%
93.5%
92.9%
92.3%
99.2%
101.7%
97.5%
100.4%
101.1%
100.8%
97.9%
98.4%
99.6%
85%
90%
95%
100%
105%
Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410 1Q11
Prepaid Subs Prepaid Net Adds
110.5
102.4
118.9
127.6
136.6
21.8%
22.7%
23.5%
24.0%
21.5%
0
40
80
120
160
Q110 Q210 Q310 Q410 Q111
20%
21%
23%
24%
26%
Cust omers (mn) CMS (%)
17
Mobile Services Telemedia Services Enterprise Services DTH
Customer Base : 36.36 Mn
Performace Indicators:
Revenue: 9,583 Mn
EBITDA: 2,635 Mn
Prepaid Base: 99.3%
?one of the highest in the
world
Usage per sub per month: 103 Minutes
?one of the lowest
ARPU: ~ US$ 7.4
?one of the competitive
market
Rate per minute: ~ US¢ 7.2
?one of the highest in the
world
VAS: ~ 7.9%
?One of the lowest
Africa Wireless Market…KPIs
18
Mobile Services Telemedia Services Enterprise Services DTH
Current positioning and way forward…
Brand
Distribution
Churn lower than industry
Spectrum Mix (900/1800 MHz)
Improving cost efficiencies
Lowest cost GSM network
Revenue size
(>$ 9 Bn)
Revenue Market
Share
Increasing the usage through U&R drive
Wallet share
Driven by rural strategy
Changing face of
growth through M-Com,
M-entertainment & 3G
Leadership Positioning Growth strategy and plans
Revenue
Non financial
vitals
Cost
New Revenue
Streams
Net Adds
Maximizing
usage
19
Mobile Services Telemedia Services Enterprise Services DTH
Telemedia Services
20
Mobile Services Telemedia Services Enterprise Services DTH
A snapshot
Largest private operator having presence in the voice , broadband , IPTV and data.
Focus on SMB segment & Broadband at Homes
Key Performance Indicators
1. Voice (wire-line) and Data (DSL) Presence in 88 top cities of India.
2. Target Segment : Retail and Small and Medium Enterprises.
3. Customer base: 3.15 million
(end June2010)
4. Broadband (DSL with speeds>256 kbps) penetration at 42.6% of customer base.
5. Average ARPU for Quarter ended Jun’10 $ 20.6 per month.
6. Segment contributing to 7% of overall revenues of the company.
7. EBITDA margin of over 44.0%.
Broadband revolution to follow wireless revolution in India
SMB opportunity across ICT stream
21
Mobile Services Telemedia Services Enterprise Services DTH
21
Telemedia Services
Business Units
SMBs
Homes
Products
• Voice
• Data
• Mobile Services
• Applications
•SaaS
• Broadband
• Voice
• IPTV
Goal
One-Stop Shop for All Airtel Services
and Solutions to SMBs
Dominant Broadband & Fixed Voice
share of the affluent in targeted 95
cities
Strategies
• Data Products: Internet, MPLS etc.
• Integrated Solutions to drive share of
wallet like hosted e mail, online
desktop etc.
• Strategic Alliances
• Indirect Channel to Drive Penetration
• Deeper & Not Wider: 95 Cities
• Enhancing Broadband experience :
Speed on Demand, Games on
Demand & VAS
• Vertical & Not Horizontal: Hi-Rise
• Drive Triple Play
• Drive Higher spends for better
customer experience
22
Mobile Services Telemedia Services Enterprise Services DTH
22
Product Portfolio
23
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators
Customers (overall & DSL) ARPU (INR)
Revenues (INR mn) EBITDA (INR Mn) & Margin (%)
8,551 8,543 8,549
8,960
8,511
7,000
7,300
7,600
7,900
8,200
8,500
8,800
9,100
Q110 Q210 Q310 Q410 Q111
1,027
989
964
937
961
800
850
900
950
1,000
1,050
1,100
1,150
1,200
Q110 Q210 Q310 Q410 Q111
2,928
2,989
3,067
3,153
2,828
1343 1,297
1,241
1,187
1,138
1,250
1,500
1,750
2,000
2,250
2,500
2,750
3,000
3,250
Q110 Q210 Q310 Q410 Q111
0
500
1,000
1,500
2,000
Fixed Line Customers ('000) DSL Cust. ('000)
3,466
3,646
3,933
3,684
3,938
3,000
3,200
3,400
3,600
3,800
4,000
Q110 Q210 Q310 Q410 Q111
40.5 42.7 46.0 43.3 44.0
24
Mobile Services Telemedia Services Enterprise Services DTH
Enterprise Services
25
Mobile Services Telemedia Services Enterprise Services DTH
A snapshot
Enterprise Services provides a broad portfolio of services to large Enterprise and Carrier customers
Corporates: Single point of contact for all telecommunication needs for Top 2500 corporate
customers, providing full suite of voice, data, and managed communications solutions
Carriers: Wholesale voice and data services to over 130 domestic and 450 international
telecommunications carriers, as well as ILD and NLD carriage for Airtel’s own customers
Extensive national and international infrastructure
Pan-India network with 129,244 Route kms of optical fiber, over 4,150 MPLS and SDH POPs
Access network (terrestrial) in 88 cities, Wimax network in 143 cities, and over 1,500 local POIs
International network with 225,000 Route Kms, connecting over 50 countries and 5 Continents.
Key Performance Indicators (Q1 ‘11)
NLD Minutes Carried: 17.3 Billion ; ILD Minutes Carried: 3.0 Billion
Revenue: Rs.10,186 Million (8 % Segment Contribution Share)
EBITDA: Rs. 2,497 Million (24.5% EBITA Margin)
26
Mobile Services Telemedia Services Enterprise Services DTH
Highlights
# 1 Operator in India in terms of:
NLD Revenue (Voice & Data)
ILD Revenue (Voice & Data)
Private Fixed Line Operator
Corporate Internet Provider
VSAT Provider (installed base)
27
Mobile Services Telemedia Services Enterprise Services DTH
What We Offer
• Wholesale Voice
- Domestic & International Voice Carriage
Services
- International & Domestic Toll Free
services
- International Calling Services
- Signaling Based Services
- Global Wholesale Voice (Hubbing &
Transit)
• Wholesale Data
- Transport Services
- Access Services – Terrestrial/WiMax in
India
- Managed Network Services
- Internet Access Services
- Hosting & Services for Carrier PoPs
- Carrier Outsourcing & Content Distribution
• Retail Voice
- Mobility Solutions
- Corporate Mobile Ser Voice Services
- Mobile Data (Blackberry, Data card, applications)
- SMS-Based Tools & Bulk SMS Solutions
- Workforce Mobility Solutions (Vehicle Tracking,
etc.)
- Fixed line Solutions
- Fixed Line/ PRI/ Centrex Services
- Domestic Toll Free Service
- Hosted Contact Centre Services
- Premium International Toll Free Service
• Retail Data
- Internet Services &Managed MPLS Services
- Domestic and Int’l Private Leased Lines
- Data Center & Managed Services
- Digital Media & Teleport Services
- Audio and Video Conferencing Solutions
27
28
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators – Enterprise Services
Voice Minutes on Network
Revenues (INR mn) EBITDA (INR mn) & Margin (%)
12,417
13,944
15,875
17,333
11,781
3,044
3,173
3,100 3,181
2,869
0
3,000
6,000
9,000
12,000
15,000
18,000
Q110 Q210 Q310 Q410 Q111
NLD Minut es (mn) ILD Minut es (mn)
11,627
11,355
11,048
10,768
10,186
5,000
6,000
7,000
8,000
9,000
10,000
11,000
12,000
Q110 Q210 Q310 Q410 Q111
2,942
3,141
3,274
3,221
2,497
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Q110 Q210 Q310 Q410 Q111
25.3 27.7 29.6 29.9 24.5
29
Mobile Services Telemedia Services Enterprise Services DTH
Passive Infrastructure Services
30
Mobile Services Telemedia Services Enterprise Services DTH
A snapshot
Bharti Infratel operates in 11 circles.
Indus Tower operates in 15 circles.
Standard Master Services Agreement with competitive rates already in place.
Key focus areas:
To increase sharing factor (tenancy) from current levels of 1.65 for Infratel and 1.75 for Indus.
Provide energy optimization solutions and other network management services.
Evaluate other revenue streams.
Key performance Indicators (Infratel):
Total Towers: 31,196 (nos)
Sharing Factor: 1.65
Sharing Revenue per sharing operator per month at Rs. 36,290.
EBITDA margin: 35.5%
Key performance Indicators (Indus):
Total Towers: 104,901 (nos)
Sharing Factor: 1.75
Sharing Revenue per sharing operator per month at Rs. 30,379.
Aim to be the preferred choice of vendor for all existing and new operators
31
Mobile Services Telemedia Services Enterprise Services DTH
Performance Indicators - Bharti Infratel
15,937
17,049
18,407
19,459
20,412
10,000
12,000
14,000
16,000
18,000
20,000
22,000
Q110 Q210 Q310 Q410 Q111
Revenues (INR mn) EBITDA (INR mn) & Margin (%)
Towers (nos) & Sharing Factor
Sharing Revenue per Sharing
Operator per Month (Rs)
28,078
29,112
30,568
31,196
29,806
1.43
1.49
1.57
1.62
1.65
26,000
27,000
28,000
29,000
30,000
31,000
32,000
Q110 Q2 10 Q3 10 Q410 Q111
1.00
1.10
1.20
1.30
1.40
1.50
1.60
1.70
No of t owers Sharing Fact or
38,107
36,420
36,696
36,878
36,290
25,000
29,000
33,000
37,000
41,000
Q110 Q2 10 Q3 10 Q410 Q111
Sharing Revenue per Sharing Operator per month
7,240 7,224
6,267
5,831
5,201
5,000
5,500
6,000
6,500
7,000
7,500
Q110 Q210 Q310 Q410 Q111
32.6 34.2 34.0 37.1 35.5
32
Mobile Services Telemedia Services Enterprise Services DTH
Indus Towers
Roof Top Tower
Ground Based Tower
First of its kind deal…Bharti (42%), Voda (42%) &
Idea (16%)
Largest independent tower company in the world
~ 100,000 towers under its management
Benefits from captive tenancy as well as external
tenants
Incremental investment in towers to come from
new operators / subscriber growth / 3G
102,696
104,901
102,938
100,728
97,925
1.75
1.71
1.61
1.61
1.55
93,000
95,000
97,000
99,000
101,000
103,000
105,000
Q110 Q210 Q310 Q410 Q111
1.40
1.50
1.60
1.70
1.80
No of towers Sharing Factor
33
Mobile Services Telemedia Services Enterprise Services DTH
Recent Honours
34
Mobile Services Telemedia Services Enterprise Services DTH
Rated as the ‘Powerful Brand’
in the Economic Times- Brand
Finance ‘Brand Power
(the only corporate brand to be awarded the
AAA rating)
Rated as India's Best
Enterprise Services
Provider for 2009 at the
annual Users’ Choice Awards
instituted by PC Quest.
Bharti Airtel – Leadership in business
Recent Honours
Bharti Airtel won tele.net Telecom
Operator awards in 6 out of total 14
categories including Most Admired
Company, Best National Mobile
operator, Best Internet and
Broadband operator, Best Operator in
Rural Market, Best Enterprise
Services
Sunil Bharti Mittal, Chairman & Group
CEO
•Honorary degree of Doctor of Laws by
University of Leeds (UK) in 2009
•Tenth Lal Bahadur Shastri National
Award by the Hon’ble President of India in
2009
Akhil Gupta, Deputy Group CEO & MD
•CA Business Achiever Award by
Institute of Chartered Accountants of
India.
Manoj Kohli, CEO( International) &
Joint MD
• Telecom Man of the year by Tele.net in
Apr’10
Best Cellular Service
Provider and Best VSAT &
NLD player Service
Provider at the 2009 Voice & Data
100 Awards
Adjudged Wireless Service
Provider of the Year 2009 -
Frost & Sullivan Asia Pacific
ICT Awards
( in recognition of innovation, vision ,
strategy and profitability)
Best Global Wholesale
Carrier for 2009 at the
Telecoms World Awards
Middle East.
Voted as the India’s Most
Innovative company in a
survey conducted by Wall
Street Journal
Adjudged Most Preferred Cellular Service Provider Brand
award at the 2010 CNBC Awaaz Consumer Awards
Disclaimer
The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the
applicable laws and regulations as amended from time to time. There is no representation that all information relating to the context has been taken
care off in the presentation and neither we undertake any obligation as to the regular updating of the information as a result of new information, future
events or otherwise. We will accept no liability whatsoever for any loss arising directly or indirectly from the use of, reliance of any information
contained in this presentation or for any omission of the information. The information shall not be distributed or used by any person or entity in any
jurisdiction or countries were such distribution or use would be contrary to the applicable laws or Regulations. It is advised that prior to acting upon this
presentation independent consultation / advise may be obtained and necessary due diligence, investigation etc may be done at your end. You may
also contact us directly for any questions or clarifications at our end.
This presentation contain certain statements of future expectations and other forward-looking statements, including those relating to our general
business plans and strategy, our future financial condition and growth prospects, and future developments in our industry and our competitive and
regulatory environment. In addition to statements which are forward looking by reason of context, the words ‘may, will, should, expects, plans, intends,
anticipates, believes, estimates, predicts, potential or continue’ and similar expressions identify forward looking statements.
Actual results, performances or events may differ materially from these forward-looking statements including the plans, objectives, expectations,
estimates and intentions expressed in forward looking statements due to a number of factors, including without limitation future changes or
developments in our business, our competitive environment, telecommunications technology and application, and political, economic, legal and social
conditions in India. It is cautioned that the foregoing list is not exhaustive
This presentation is not being used in connection with any invitation of an offer or an offer of securities and should not be used as a basis for any
investment decision.
Investor Relations :- http://www.bhartiairtel.in
For any queries, write to: [email protected]
“ The information contained herein does not constitute an offer of securities for sale in the United States. Securities may not be sold in the United
States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Any public offering of securities to be
made in the United States will be made by means of a prospectus and will contain detailed information about the Company and its management, as well
as financial statements. No money, securities or other consideration is being solicited, and, if sent in response to the information contained herein, will
not be accepted.”
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