Bharti Tele-Ventures to be renamed Bharti Airtel

By agencies   |   Wednesday, 25 January 2006, 20:30 IST
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MUMBAI: Bharti Tele-Ventures Ltd, the telecommunications services provider, is to be renamed as Bharti Airtel Ltd. The company’s board of directors has approved the change of name, now it is subjected to approve from shareholders and regulatory clearances. According to the company’s statement, “The word Tele-Ventures reflected the activity of the company - to undertake ventures/make investments in the telecom sector. And after the merger of Bharti Cellular Ltd and Bharti Infotel Ltd with Bharti Tele-Ventures Ltd, the company has become an operating company in the telecom sector. The name change will reflect the present nature of activities of the company.” The company’s Chairman and Group Managing Director, Sunil Bharti Mittal said, “Over the years, we have nurtured and grown the Airtel brand. The use of word Airtel in the name of the company will reflect the brand as well as the activity of the company. Having brought all our service offerings under the Airtel brand umbrella, this change will be another step towards making Airtel the most admired brand in the country.”