Bharti Tele-Ventures wins Frost & Sullivan ICT awards

By Our Corporate Bureau | 19 Jun 2006

Sunil Bharti Mittal, chairman and managing director, Bharti Tele-Ventures Ltd, has been adjudged CEO of the year in the service provider category at the prestigious Frost & Sullivan Asia Pacific ICT Awards 2006. In addition, the company has bagged the coveted 'wireless service provider of the year' award and the 'competitive service provider of the year' award.

The CEO of the year award was conferred on Mittal for his outstanding leadership and took into account revenue growth of the company; market share retained and captured by the company in 2005 and financial milestones achieved by it in 2005.

The 'wireless service provider of the year' award was won by the company for demonstrating exceptional growth in 2005. The company was evaluated on the basis of growth in revenue; growth in subscriber base; and innovation in pursuing new revenue streams.

The 'competitive service provider of the year' award was won by the company for demonstrating a competitive edge in 2005 based on the following parameters — consistent revenue growth; EBITDA and net profit growth; business strategy leading to revenue diversity and minimised risk; customer satisfaction; delivering exceptional value to customers; competitively priced plans.