March 26, 2017 5:30 AM ET

Industrial Conglomerates

Company Overview of Bharti Enterprises Limited

Company Overview

Bharti Enterprises Limited operates in telecom, agri business, financial services, and retail and manufacturing businesses. The company provides 2G, 3G, and 4G wireless services; and mobile commerce, fixed line, high speed DSL broadband, IPTV, DTH, and enterprise services (national and international long distance services) to carriers in India, as well as 2G and 3G wireless services, and mobile commerce in other countries across Asia and Africa. It also offers general insurance for retail, rural, and commercial clients; and life and health insurance, as well as wealth management services for customers in India. In addition, the company deploys, owns, and manages telecom towers infrastructure...

Bharti Crescent

1, Nelson Mandela Road

Vasant Kunj, Phase II

New Delhi,  110070

India

Founded in 1976

Phone:

91 11 4666 6100

Fax:

91 11 4166 6137

Key Executives for Bharti Enterprises Limited

Founder, Executive Chairman, Managing Director of Bharti Airtel, Group Chief Executive Officer, Chairman of Bharti Airtel and Director of Bharti Airtel
Age: 59
Chief Finance Officer of Emerging Businesses and Group Treasurer
Age: 42
Managing Director of India & South Asia and Chief Executive Officer of India & South Asia
Age: 49
Chief Executive Officer of Bharti Realty Ltd
President of Telemedia Services Bharti Airtel
Age: 55
Compensation as of Fiscal Year 2016.

Bharti Enterprises Limited Key Developments

Bharti Infratel’s Stake Sale Talks Hit a Valuation Bump

Talks to sell a controlling stake in Bharti Infratel Limited (NSEI:INFRATEL) to a consortium of KKR & Co. L.P. (NYSE:KKR) and Canada Pension Plan Investment Board seem to have hit a snag over valuation. Bharti Infratel has communicated that the premium for ceding management control is significantly higher than the INR 340 a share offer they made, the Executives said. The negotiations, though, are ongoing, they added. The consortium submitted its bid late last week ending February 3, 2017. A spokesman for Bharti Enterprises Limited, the group holding company, declined to comment on the talks. KKR and CPPIB didn't respond to emails seeking comment.

Airtel Launches Payments Bank

Bharti Enterprises rolled out Airtel Payments Bank services across the country. The company announced it will be investing INR 30 billion to develop a pan-India banking network and digital payment ecosystem.

Bharti Reportedly Seeks Sale Of Stake In Bharti AXA Insurance

Bharti Enterprises Limited is seeking to sell its stake in Bharti AXA Life Insurance Company Limited. Bharti is in talks with private equity firms like The Blackstone Group L.P. (NYSE:BX), Advent International Corporation, Actis LLP and Warburg Pincus LLCP for stake sale in Bharti AXA Insurance.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 28, 2017
OneWeb LLC
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Bharti Enterprises Limited, please visit www.bharti.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.