BHARTI AIRTEL Share Price

Bharti Airtel Limited, established in 1995 and headquartered in New Delhi, is a leading global telecommunications company operating in 17 countries across South Asia and Africa. As of March 31, 2024, it serves over 550 million customers, ranking among the top three mobile service providers worldwide.

Services and Offerings

Airtel provides a comprehensive range of services, including 2G, 3G, 4G, and 5G mobile networks, fixed-line broadband, digital television, and enterprise solutions. In India, it offers high-speed home broadband under the Airtel Xstream Fiber brand, delivering speeds up to 1 Gbps. The company also caters to enterprise customers with services such as data connectivity, voice and messaging, cloud, data center, security, and Internet of Things (IoT) solutions.

Financial Performance

For the fiscal year ending March 31, 2024, Bharti Airtel reported revenues of ₹1,499,824 million and an EBITDA of ₹790,458 million. The company has 6,083.16 million fully paid-up equity shares and 392.29 million partly paid-up equity shares listed on the BSE Limited and the National Stock Exchange of India Limited under the symbols BHARTIARTL and AIRTELPP.

Leadership

Sunil Bharti Mittal, the founder, serves as the Chairman of Bharti Airtel, while Gopal Vittal holds the position of Managing Director and CEO for India and South Asia. Under their leadership, the company continues to focus on innovation, customer experience, and expanding its global footprint.

Recent Developments

In September 2024, Bharti Airtel entered into a partnership with Apple to offer free music and video streaming services to its 281 million customers, aiming to enhance its content offerings and customer engagement.

Additionally, in October 2024, the company reported a significant increase in its Q2 profit, driven by higher tariffs and an increase in average revenue per user.