Bharti Airtel Now Serving Over 300 Million Consumers
The largest telecom operator in India, Bharti Airtel, has crossed 300 million customers landmark for all services including fixed line, mobile, DTH and DSL in the country. Bharti Airtel also operates in some select markets in Africa.
After humble start in 1995, Bharti Airtel reached 100 million consumers mark in 2009. The next 100 million came pretty quick in 2012. Bharti has become the fourth largest telecom services companies in the world in terms of consumer base.
The company has faced pressure on margins during the last few years due to fierce competition in telecom space. In India, Reliance, Idea Cellular, BSNL and Tata are main competitors of the company.
The stock closed at Rs 354 in the Indian market. The stock has touched 52-week high of Rs 373 and low of Rs 279.