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Airtel Ranks Among Top 10 on BusinessWeek IT 100 list

Bharti Airtel Ltd. has ranked among the top 10 best performing companies in the world in the BusinessWeek IT 100 list. Bharti Airtel, which is described by BusinessWeek in the report as a “highly innovative company”, improves its ranking to 10 from last year’s ranking of 19.

Bharti Airtel is the only Indian company in the top 10 list. Bharti Airtel has ranked ahead of companies like Motorola (Rank 11), Google (Rank 13), Microsoft (Rank 37), Hewlett Packard (Rank 44) and Oracle (Rank 51).

Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel Limited said, "It has always been our endeavour to create a world-class organisation that provides best in class services. We are proud to be up there with the very best in the world. This has been made possible by the unrelenting efforts of the entire team at Bharti Airtel."

The companies selected by BusinessWeek were ranked on four criteria: return on equity, revenue growth, and shareholder return (given equal weight), and total revenues (which was weighted).

Airtel, which currently has 1.5 million subscriber base said it has plans to increase its capacity to provide services to more than 3 million subscribers during the year.


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