You are on page 1of 9

MERGER AND PRESENTED BY ACQUISITION :

ABHISHEK DAVE ROLL NO : 012001

INTRODUCTION
Bharti Airtel Limited, commonly known as Airtel, is an Indian multinational telecommunications services company headquartered in New Delhi, India. 4th Largest Mobile Telecommunication by subscribers, with over 275 million subscribers across 20 countries as of July 2013. It operates in 20 countries across South Asia, Africa, and the Channel Islands. Airtel has a GSM network in all countries in which it operates, providing 2G, 3G and 4G services depending upon the country of operation.

CMDS PROFILE
Sunil Bharti Mittal founded the Bharti Group. He is the CHAIRMAN and MANAGING DIRECTOR since october2001. Awarded by INSEAD Business Leader Award 2011

HISTORY
Airtel was founded in 1985 . Until September 2004, we have known Airtel as Touchtel . Bharti Airtel, formerly known as Bharti TeleVentures Limited (BTVL) is Indias largest . And not to our surprise its the Worlds third largest cellular service provider with more than 600 million subscribers as of December 2011.

ACQUSITION COMPANY
YEAR
1999

COMPANY
JT Cellular.

STAKES
32.36%

2000

Skycell Communications.

40.5%

2010

Zain

24.6%

2010

Telecom Seychelles

100%

ACQUISITION
Name of Company:- Zain Date:- March 2010. Value:- $10.7 billion, acquisition of African operations from Kuwaiti firm. Benefits:- It gives Bharti Airtel a total customer base of 180 million, including 131 million subscribers it had in India at the end of April. And even a long term benefit from economies of scale, including getting better deals from suppliers. Profit:- 4thquarter of 2010 grew by 53% to

Name of the Company :- Telecom Seychelles Date :-11 August 2010, Value :-100% stake buy at $62 million. Benefits :- Bharti Airtel would expand its African footprint to 16 African countries and its overall presence to 19 countries. Profit :- 2010 quarterly net profit plunges 26%.

You might also like