Bharti Airtel on Friday became the third company in the world to cross the 100 million-subscriber mark in a single country. It has also become the sixth largest integrated operator in the world.
Thus, every fourth mobile phone use in India is an Airtel customer.
“This milestone reiterates the emergence of as one of the world's top telecom markets and we are delighted to be at the forefront of its growth,” said Sunil Bharti Mittal, chairman and group CEO, Bharti Enterprises.
He said the company was looking at acquisitions both abroad and in the domestic markets. “However, we are looking at the right opportunity.”
The company took more than three years to grow from 1 million to 10 million customers, but only nine months from 75 million customers to 100 million (See table). The gap between Bharti Airtel and its nearest competitor, Vodafone, is about 26 million subscribers.
He said that he expected the next government to make telecom levies more simple and uniform. On spectrum he said, “This is one issue which concerns all the operators. We are aligned with the government if spectrum is auctioned.”