Bharti Airtel was founded in 1995 by Sunil Bharti Mittal and is now the largest cellular service provider in India. The company has expanded rapidly over the years through acquisitions of other telecom companies across India. Bharti Airtel recently restructured its organizational structure to have separate business units focused on consumer and business customers. The board of directors is led by Chairman and Managing Director Sunil Bharti Mittal. Bharti Airtel has received several awards recognizing its brand preference among customers and corporate social responsibility practices.

1. A study on Analysis of Financial Statements of Bharti Airtel
HISTORY AND BACKGROUND OF THE COMPANY:-
Sunil Bharti Mittal founded the Bharti Group. In 1983, Sunil Mittal was into an agreement
with Germany's Siemens to manufacture the company's push-button telephone models for the
Indian market. In 1986, Sunil Bharti Mittal incorporated Bharti Telecom Limited (BTL) and
his company became the first in India to offer push-button telephones, establishing the basis
of Bharti Enterprises. This first-mover advantage allowed Sunil Mittal to expand his
manufacturing capacity elsewhere in the telecommunications market. By the early 1990s,
Sunil Mittal had also launched the country's first fax machines and its first cordless
telephones. In 1992, Sunil Mittal won a bid to build a cellular phone network in Delhi. In
1995, Sunil Mittal incorporated the cellular operations as Bharti Tele-Ventures and launched
service in Delhi. In 1996, cellular service was extended to Himachal Pradesh. In 1999, Bharti
Enterprises acquired control of JT Holdings, and extended cellular operations to Karnataka
and Andhra Pradesh. In 2000, Bharti acquired control of Sky cell Communications, in
Chennai. In 2001, the company acquired control of Spice Cell in Calcutta. Bharti Enterprises
went public in 2002, and the company was listed on Bombay Stock Exchange and National
Stock Exchange of India. In 2003, the cellular phone operations were rebranded under the
single Airtel brand. In 2004, Bharti acquired control of Hexagon and entered Rajasthan. In
2005, Bharti extended its network to Andaman and Nicobar.’2009; Airtel launched its first
international mobile network in Sri Lanka. In 2010, Airtel began operating in Bangladesh.
Today, Airtel is the largest cellular service provider in India and fifth largest in the world.
3.2 Type of Organizational Structure:-
The organizational structure that existed till recently concentrated on the hierarchy of the
operations (not services) inside the company as a whole. The structure depicts the
corresponding operation/region of different in-charges and hence it didn't hold anyone
responsible for each of its services. So, the company found it better to restructure its
organizational chart and it came into implementation from 1 August. The transformed
organizational structure will have two distinct Customer Business Units (CBU) with clear
1|Page
S. R. Luthra Institute Of Management

2. A study on Analysis of Financial Statements of Bharti Airtel
focus on B2C (Business to Customer) and B2B (Business to Business) segments. Bharti
Airtel's B2C business unit will comprehensively service the retail consumers, homes and
small offices, by combining the erstwhile business units – Mobile, Telemedia, Digital TV,
and other emerging businesses (like M-commerce, M-health, M-advertising etc.). The B2C
organization will consist of Consumer Business and Market Operations.
3.3 BOARD OF DIRECTORS:-
Sunil Bharti Mittal Chairman and Managing Director
Ajay Lal Non Executive Director
Chua Sock Koong Non Executive Director
Lord Evan Mervyn Davies Non Executive Director
N Kumar Non Executive Director
Pulak Prasad Non Executive Director
Rakesh Bharti Mittal Non Executive Director
Tan Yong Choo Non Executive Director
Manoj Kohli Joint Managing Director and CEO
Akhil Gupta Non Executive Director
Craig Ehrlich Non Executive Director
Hui Weng Cheong Non Executive Director
Nikesh Arora Non Executive Director
Rajan Bharti Mittal Non Executive Director
2|Page
S. R. Luthra Institute Of Management

3. A study on Analysis of Financial Statements of Bharti Airtel
Salim Ahmed Salim Non Executive Director
Tsun-Yan Hsieh Non Executive Director
3.4 AWARDS AND ACHIVEMENTS:-
Airtel has won the ‘Most Preferred Cellular Service Provider Brand’ award at the CNBC
Awaaz Consumer Awards in Mumbai. This is 6th year in a row that Airtel has won the award
in this category. This year, the awards were based on an exhaustive consumer survey done by
The Nielsen Company. Over 3,000 consumers, spanning 19 cities and 16 states in India, rated
brands across different categories to choose brands which delivered true value for money.
Bharti Airtel has received the prestigious Business world-FICCI-SEDF Corporate Social
Responsibility Award 2009-2010. The FICCI Socio Economic Development Foundation
(FICCI-SEDF) and Business world CSR award was instituted in 1999 to recognize
exemplary responsible business practices by the Indian industry.
3|Page
S. R. Luthra Institute Of Management

4. A study on Analysis of Financial Statements of Bharti Airtel
4|Page
S. R. Luthra Institute Of Management