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Investor Presentation Bharti Airtel Limited May 2010

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Investor Presentation

Bharti Airtel Limited

May 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.inFor 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

Advantage India

Deep Domestic Demand…Huge Growth Potential

� Population: 1.2 billion

→ increasing urbanisation

→ relatively large youth population

� GDP Growth (Real) : ~8.6%

→ second highest growing economy

� GDP Size (PPP adjusted): US$ 3 trillion

→ fourth largest economy in the world

� Telecom penetration: 54.10% (638.05 mn telecom subs)

→ one of the lowest

→ Govt. targets to reach 1 bn telecom subs by 2015

� Broadband penetration: 0.76% (9mn)

→ one of the lowest

→ Govt. target to reach 20 mn. Broadband subs by 2010

Note: (1) *Telecom and Broadband penetration as at April 30th 2010 as per TRAI press release.

4

Mobile Services Telemedia Services Enterprise Services

The Company...Bharti Airtel – An Integrated Telco

� Wireless Services

� 2G/3G

� Rural Market

� Sri Lanka

� Bangladesh

� 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

3rd LARGEST wireless operator in the world1

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) 3rd 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

6th LARGEST INTEGRATED telecom operator in the world

6

Mobile Services Telemedia Services Enterprise Services

Latest Results – Q4 FY09/10

Key operating and financial metrics

25.8%ROE

22.0%ROCE

20.4%Net Profit Margin

38.0%EBITDA Margin

-8.2%$ 455 mnNet Income

5.8%$ 887 mnCash Profit

-4.5%$ 847 mnEBITDA

2.4%$ 2,228 mnRevenue

35.2%130.69 mnCustomers

Y-on-YQ4 FY 10

Continued Strong Performance

� Wireless Customer market share leadership at 21.73%.

� Total minutes on network carried in Q4 – 196 mn

� Total employee strength – 18,354

� Balance sheet strength:

� Assets – $ 14 billion

� Net debt – nil

� Net debt to EBITDA – nil

� 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.

7

Mobile Services Telemedia Services Enterprise Services

Segment contribution…Rev, EBITDA and Investment

REVENUE

82%8%

21%9% 2%

Mobile Services Telemedia Services

Enterprise Services Passive Infrastructure Services

Others

EBITDA

63%

10%

26%

12% -8%

Mobile Services Telemedia Services

Enterprise Services Passive Infrastructure Services

Others

Note: (1) Revenue and EBITDA is gross of inter segment eliminations.

INVESTMENTS

51%

11%

14%

22%3%

Mobile Services Telemedia Services

Enterprise Services Passive Infrastructure Services

Others

8

Mobile Services Telemedia Services Enterprise Services

Performance dashboard - 3 line graph

Productivity Indicators = growing revenues + cost efficiencies + capital productivity

98,245 99,416 98,455 97,722

100,557

34%37% 37% 38% 40%

70%68%

64% 62% 61%

10%

20%

30%

40%

50%

60%

70%

80%

80,000

85,000

90,000

95,000

100,000

105,000

110,000

Q4

FY

09

Q1

FY

10

Q2

FY

10

Q3

FY

10

Q4

FY

10

Am

ount in

Rs.

Mn

Gross Revenue (Rs mn) LHS Opex to Gross Rev (RHS) Capital Productivity (RHS)

9

Mobile Services Telemedia Services Enterprise Services

Wireless Services

10

Mobile Services Telemedia Services Enterprise Services

� Sub Base : 601.22 mn

→second largest market

� Wireless Penetration: 50.98%

→lowest in the world

� HHI Index: very high

→one of the most competitive market

� Prepaid Base: 95%

→one of the highest in the world

� Usage per sub per month:

� Minutes: 375

→one of the highest

�ARPU: ~ US$ 4.26

→one of the lowest

� Rate per minute: ~ US$ 0.01

→ one of the lowest in the world

� VAS: ~ 11.8%

→One of the lowest

Indian Wireless Market…KPIs

MUM

HP

DELHI

AP

CHN

MADHYA PRADESH`

TNKER

PB

DEL

UP(W)

MP

RAJUP(E)

KK

OR

HAR

JK

BH

WBGUJ

MAH

AS

NE

Metros

A Cat.

B Cat.

C Cat.

MUM

HP

DELHI

AP

CHN

MADHYA PRADESH`

TNKER

PB

DEL

UP(W)

MP

RAJUP(E)

KK

OR

HAR

JK

BH

WBGUJ

MAH

AS

NE

Metros

A Cat.

B Cat.

C Cat.

MUM

HP

DELHI

AP

CHN

MADHYA PRADESH`

TNKER

PB

DEL

UP(W)

MP

RAJUP(E)

KK

OR

HAR

JK

BH

WBGUJ

MAH

AS

NE

Metros

A Cat.

B Cat.

C Cat.

Metros

A Cat.

B Cat.

C Cat.

Kol

Note: (1) Subscriber numbers and wireless penetration numbers as at April 30, 2010 are as per TRAI release (2) Other indicators on the slide are based on Global Wireless Matrix 4Q10 dated 13th April 10 by Merrill Lynch, and reflective of Industry numbers.

11

Mobile Services Telemedia Services Enterprise Services

Net Adds in Mar 16.9 Mn…lesser than over last 2 months average run rate of 19.7 Mn

S-curve triggered

Rapidly Growing Wireless Market

Note: (1) Actual Data as per Industry Association Releases and Industry Estimates.

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

-

100

200

300

400

500

600

700

-12345678910111213141516

Series2 Series1

12

Mobile Services Telemedia Services Enterprise Services

Wireless Market Structure

• 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 66% of net adds coming from B&C circles (rural India)

Airtel Continues to lead on Revenue Market Share

Subscriber Trends Customer Market Share – CMS (%)

105.16 103.76

75.7565.29 67.88

52.77

33.88 30.32 32.21

18.0525.29

32.1625.65

130.62

-

20.00

40.00

60.00

80.00

100.00

120.00

140.00

Airte

l

Relia

nce

Vodafo

ne

BS

NL+M

TN

L

Idea

Tata

Oth

ers

(mn)

Apr-10 Apr-09 Net adds during the year

21.7%

17.5%

12.6%

11.3%

8.8%

10.9%

17.3%

24.0%

18.5%

17.7%

14.3%

9.9%8.9%

6.7%

5.0%

7.0%

9.0%

11.0%

13.0%

15.0%

17.0%

19.0%

21.0%

23.0%

25.0%

Airte

l

Relia

nce

Vodafo

ne

BS

NL+M

TN

L

Idea

Tata

Oth

ers

CMS(Apr'10) CMS(Apr'09)

13

Mobile Services Telemedia Services Enterprise Services

Company Highlights on Wireless Services

14

Mobile Services Telemedia Services Enterprise Services

14

Hello Tunes(Ring Back

Tones)

Portfolio Manager(Stock Tracker)

Blackberry

Airtel Live(Portal)

First mover advantage / Product innovations

Life time validity product

Electronic Recharge /

Micro Prepaid

� focus on product innovations

Easy Music

Song Catcher

Call Home Service

Money Transfers

Music on Demand

Google search

M Commerce

iPhone

15

Mobile Services Telemedia Services Enterprise Services

Performance Indicators - Financial

EBITDA (INR mn) & Margin (%)Revenues (INR mn)

23,969

21,218

24,178

25,860

27,183

22,009

24,963

25,860

20,000

21,000

22,000

23,000

24,000

25,000

26,000

27,000

28,000

Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

30.7 30.2 31.4 31.5 33.0 31.9 30.4 29.2

81,97579,618

64,201

69,150

72,843

79,392

82,216 82,28580,994

50,000

55,000

60,000

65,000

70,000

75,000

80,000

85,000

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

16

Mobile Services Telemedia Services Enterprise Services

Performance Indicators - Operational

95.8%95.3%95.2%94.7%94.2%93.5%

92.9%92.3%91.6%

91.0%

97.5%100.4%

101.1%

100.8%99.6%

98.4%95.4%

96.3%

97.9%

101.70%

85%

90%

95%

100%

105%

Q308 Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

Prepaid Subs Prepaid Net Adds

Customers & Market Share Prepaid/Postpaid

MoU/Sub/Month & MONARPU & RPM

474 505507 534 526 485 478 450 446 468

123,626

115,834

105,21789,058

73,840

130,669140,713

143,680

153,241

172,797

370

400

430

460

490

520

550

Q308 Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

0

40,000

80,000

120,000

160,000

200,000

MoU/Sub (Min) Total minutes on Netw ork (Mn Min)

127.6118.969.462.0 77.5 85.7 93.9 102.4 110.5

24.0%

24.2%23.7%

23.4%

24.6%24.7%

24.0%

22.6%

21.80%

40.0

50.0

60.0

70.0

80.0

90.0

100.0

110.0

120.0

130.0

140.0

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

20.0%

21.0%

22.0%

23.0%

24.0%

25.0%

26.0%

27.0%

28.0%

Customers (Mn) CMS (%)

0.63 0.580.630.64 0.560.650.700.76 0.52 0.47

358 357350

331 324

305

278

252

230220

-

0.25

0.50

0.75

1.00

1.25

1.50

Q308 Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

200

230

260

290

320

350

380

RPM (Rs.) ARPU (INR)

17

Mobile Services Telemedia Services Enterprise Services

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

18

Mobile Services Telemedia Services Enterprise Services

Telemedia Services

19

Mobile Services Telemedia Services Enterprise Services

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 89 top cities of India.

2. Target Segment : Retail and Small and Medium Enterprises.

3. Customer base: 3.1 million (end Mar2010)

4. Broadband (DSL with speeds>256 kbps) penetration at 42.7% of customer base.

5. Average ARPU for Quarter ended Mar’10 $ 20.8 per month.

6. Segment contributing to 8% of overall revenues of the company.

7. EBITDA margin of over 43.5%.

Broadband revolution to follow wireless revolution in India

SMB opportunity across ICT stream

20

Mobile Services Telemedia Services Enterprise Services

20

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

21

Mobile Services Telemedia Services Enterprise Services

21

Product Portfolio

22

Mobile Services Telemedia Services Enterprise Services

Performance Indicators

30672,9892,9282,828

2,3942,509

2,6192,726

2,283 1,2971,2411,187

1,1381,072992922853

795

1,500

2,000

2,500

3,000

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

0

500

1,000

1,500

2,000

Fixed Line Customers ('000) DSL Cust. ('000)

1,137 1,138 1,147

1,027

964937

1,0981,071

989

800

850

900

950

1,000

1,050

1,100

1,150

1,200

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

3,702

3,3443,367

3,696

3,5313,614

3,463

3,667

3,944

3,000.0

3,200.0

3,400.0

3,600.0

3,800.0

4,000.0

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

42.2 43.6 41.7 42.1 40.5 42.9 46.1 43.5

Customers (overall & DSL) ARPU (INR)

Revenues (INR mn) EBITDA (INR Mn) & Margin (%)

7,641

7,988

8,4868,585 8,550 8,544 8,550 8,510

8,458

7,000

7,300

7,600

7,900

8,200

8,500

8,800

9,100

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

23

Mobile Services Telemedia Services Enterprise Services

Enterprise Services

24

Mobile Services Telemedia Services Enterprise Services

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 30 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 126,357 Route kms of optical fiber, over 4,150 MPLS and SDH POPs

� Access network (terrestrial) in 95 cities, Wimax network in 143 cities, and over 1,500 local POIs

� International network with 225,000 Route Kms, connecting over 50 countries

� Key Performance Indicators (Q4 ‘10)

� NLD Minutes Carried: 15.9 Billion ; ILD Minutes Carried: 3.2 Billion

� Revenue: Rs.20,738 Million (21 % Segment Contribution Share)

� EBITDA: Rs. 9,846 Million (47.5% EBITA Margin)

25

Mobile Services Telemedia Services Enterprise Services

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)

26

Mobile Services Telemedia Services Enterprise Services

Domestic Network

� Fiber commissioned for over 26,357

Kms

� Transmission Network (4,235 SDH

PoP’s)

� High resilience via ring structure &

automatic switching

� Tier-1 MPLS network (across 120

Cities)

� Internet backbone capacity > 75 Gbps

� Proactive 24 x 7 x 365 NOC

� 304 LDCAs & 1741 SDCAs covered

27

Mobile Services Telemedia Services Enterprise Services

International Network 27

Infrastructure

� NGN with 4 Global Media Gateways

� 100% Ownership of i2i Cable system and landing station

� Ownership of Sea Me We 4 cable and landing station

� IRU capacity on TAT-14, Apollo, EAC, APCN2, JUCN, etc.

� Trans-Pacific Connectivity Boost through Unity & AAG.

� Terrestrial Connectivity to Nepal, Pakistan and Bhutan.

� Consortium partner in major cable systems under construction: IMEWE, EIG,

AAG, Unity, EASSy

Coverage

� TDM and IP Voice traffic termination in 230+ countries

� Major International PoPs for carrier interconnect at Los Angeles, New York,

London, Hong Kong & Singapore

� 5 Additional PoP’s under development in colombo,Tokyo,Paris, Bangkok and

Kaula Lumpur

� Far-East Connect Platform to cater to high growth markets across Asia and the

Pacific

� Extensive MPLS Coverage across the globe - more than 70 countries, 700+

PoPs via carrier-grade NNI’s

28

Mobile Services Telemedia Services Enterprise Services

What We Offer

• Wholesale Voice - NLD Voice Carriage Services

- International & Domestic Toll Free services

- International Calling Services

- Signaling Based Services

- International Voice Carriage Services

- Global Wholesale Voice (Hubbing & Transit)

- Roaming Hub - Prepaid Roaming

• Wholesale Data- Transport Services

- Access Services – Terrestrial/WiMax in India

- Managed Network Services

- Internet Access Services

- MPLS, Multicast, Managed MPLS 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

28

• Retail Data- Internet Services

- Managed MPLS Services

- Domestic and Int’l Private Leased Lines

- Data Center & Managed Services

- Digital Media & Teleport Services

- Satellite Services

- Audio and Video Conferencing Solutions

29

Mobile Services Telemedia Services Enterprise Services

Performance Indicators – Enterprise Services

Voice Minutes on Network

Revenues (INR mn) EBITDA (INR mn) & Margin (%)

16,340

19,572

21,874 21,808 21,62820,982

21,331

20,546 20,738

14,000

15,000

16,000

17,000

18,000

19,000

20,000

21,000

22,000

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

8,655

9,3699,799

9,92010,246

11,023

10,0359,846

4,000.0

5,000.0

6,000.0

7,000.0

8,000.0

9,000.0

10,000.0

11,000.0

Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

44.2 42.8 44.9 45.9 48.8 51.7 48.8 47.5

10,32211,349 11,609 11,690 11,781 12,417

13,944

3,100 3173

9,398

15875

3,1812,8692,7722,6032,2842,0481,850

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Q408 Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

NLD Minutes (mn) ILD Minutes (mn)

30

Mobile Services Telemedia Services Enterprise Services

Passive Infrastructure Services

31

Mobile Services Telemedia Services Enterprise Services

A snapshot

� Bharti Infratel operates in 11 circles.

� Indus Tower operates in 16 circles.

� Standard Master Services Agreement with competitive rates already in place.

� Key focus areas:

� To increase sharing factor (tenancy) from current levels of 1.62 for Infratel and 1.71 for Indus.

� Provide energy optimization solutions and other network management services.

� Evaluate other revenue streams.

� To reduce sharing revenue per sharing operator through increased sharing factor and efficiencies

� Key performance Indicators (Infratel):

� Total Towers: 30,568 (nos)

� Sharing Factor: 1.62

� Sharing Revenue per sharing operator per month at Rs. 36,878.

� EBITDA margin: 47.2%

� Key performance Indicators (Indus):

� Total Towers: 102,938 (nos)

� Sharing Factor: 1.71

Aim to be the preferred choice of vendor for all existing and new operators

32

Mobile Services Telemedia Services Enterprise Services

36,87838,107

36,69636,420

33,58632,17731,893 31,488

25,000

29,000

33,000

37,000

41,000

45,000

Q109 Q209 Q309 Q409 Q1 10 Q2 10 Q3 10 Q410

Sharing Revenue per Sharing Operator per month

58,01359,966

27,548 28,078 29,11229,806

61,355

30,568

1.221.26

1.34

1.34

1.431.49

1.57

1.62

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

Q109 Q209 Q309 Q409 Q1 10 Q2 10 Q3 10 Q410

1.00

1.10

1.20

1.30

1.40

1.50

1.60

1.70

No of tow ers Sharing Factor

4,507

4,269

3,8703,991

4,258

2,903

3,557

4,020

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

36.6 33.3 33.5 40.1 44.4 46.8 46.1 47.2

Performance Indicators - Bharti Infratel

10,563

11,983

12,702

7,241

8,0208,586

9,267 9,552

5,000

7,000

9,000

11,000

13,000

Q109 Q209 Q309 Q409 Q110 Q210 Q310 Q410

Revenues (INR mn) EBITDA (INR mn) & Margin (%)

Towers (nos) & Sharing Factor Sharing Revenue per Sharing Operator per Month (Rs)

Note: Figures for revenue, EBITDA and number of towers for quarters ending 4Q09 and beyond have taken the impact of 35,066 towers transferred to Indus

33

Mobile Services Telemedia Services Enterprise Services

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

102,696 102,938

100,728

97,9251.71

1.61 1.61

1.55

93,000

95,000

97,000

99,000

101,000

103,000

Q110 Q210 Q310 Q410

1.40

1.50

1.60

1.70

1.80

1.90

No of towers Sharing Factor

34

Mobile Services Telemedia Services Enterprise Services

Recent Honours

35

Mobile Services Telemedia Services Enterprise Services

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

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Actual results, performances or events may differ materially from these forward-looking statements including the plans, objectives, expectations,

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