Bharti, Sunil Mittal win Frost&Sullivan awards

Sunil Bharti Mittal, chairman & MD of Bharti Airtel has been adjudged 'CEO of the Year' in the service provider category at the Frost & Sullivan Asia Pacific ICT Awards 2006.

According to an official release issued by Bharti Airtel to BSE, the company has bagged the Wireless Service Provider of the Year Award and the Competitive Service Provider of the Year Award.

Sunil Bharti Mittal, said: "It is an honour to receive these prestigious awards, which are a testimony to our commitment towards providing world-class services to our customers. We are happy that our endeavour to build competitive strength by establishing the best quality network, offering innovative products and a consistent brand experience to our valued customers has been recognised. I congratulate the entire Bharti Airtel team on this achievement."

The CEO of the Year award has been conferred on Sunil Bharti Mittal for his outstanding leadership and took into account revenue growth of the company; marketshare retained and captured by the company in 2005; and financial milestones achieved by the company in 2005, the release said.

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 release said.

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 minimized risk; customer satisfaction; delivering exceptional value to customers - competitively priced plans.

The Frost & Sullivan Asia Pacific ICT Awards recognise companies and individuals that have pushed the boundaries of excellence - rising above the competition and demonstrating outstanding performance in the information and communications technology industry across Asia Pacific, the release said.