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Bharti eyeing 25 million subscribers by March 2007
By siliconindia
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Wednesday, 03 November 2004, 20:30 IST
MUMBAI: India's largest private telecom operator Bharti is eyeing 25 million subscribers in the next two years and expects to close the fiscal with 12 million customers.
"We have nine million customers and by the end of this year, the number is expected to touch 11-12 million. In the next two years, the number of subscribers is expected to touch 25 million," Bharti Enterprises chairman and group managing director Sunil Bharti Mittal said on Tuesday.
The new customer additions by the company will come from expansion in new circles and towns. Bharti has so far covered 2000 towns in India. "Before summer our coverage will expand to 5,000 towns," he said.
Mittal said the company will roll out services in Orissa and Bihar by this month-end or early next month and services in Assam and other parts of northeast will be rolled out by March next year.
After rolling out services in the northeast and Assam, Bharti's coverage will expand to all 23 circles in India. "Our next phase of growth will come from expansion in remote areas and highways that have not been covered. We will move into towns with 20,000 population," Mittal said.