FY2007-2008
Sunil Bharti Mittal donates Rs 4 crores (USD 1 million) for education of underprivileged children in the villages
New Delhi, July 25, 2007: In response to the call made by the Hon’ble Prime Minister of India to industry captains to moderate their compensation and participate in community programs, Mr. Sunil Bharti Mittal, Chairman and Managing Director, Bharti Airtel Limited today decided to donate a significant part of his salary bonus towards education of underprivileged children in the villages.
According to Mr. Sunil Bharti Mittal, “This underlines corporate India’s commitment towards fulfilling the Government’s vision of inclusive growth. Corporate India will continue to work with the Government and voluntarily contribute towards this cause.”
The donation will be administered by Bharti Foundation, the corporate social responsibility arm of Bharti Enterprises.
Bharti Foundation is working towards opening 1000 village primary schools across India for underprivileged children, in particular the girl child. The promoters and associates of Bharti had committed a corpus of Rs. 200 crores for various programs undertaken by Bharti Foundation.
About Bharti Airtel Limited:
Bharti Airtel Limited, a group company of Bharti Enterprises, is India’s leading integrated telecom services provider with an aggregate of 44.67 million customers as of end of June 2007, consisting of 42.70 million mobile customers. Bharti Airtel has been rated among the best performing companies in the world in the BusinessWeek IT 100 list 2007. Bharti Airtel is structured into three strategic business units - Mobile services, Broadband & Telephone (B&T) services and Enterprise services. The mobile business provides mobile & fixed wireless services using GSM technology across 23 telecom circles. The B&T business provides broadband & telephone services in 94 cities. The Enterprise services provide end-to-end telecom solutions to corporate customers and national & international long distance services to carriers. All these services are provided under the Airtel brand. Airtel’s high-speed optic fibre network currently spans over 40,000 kms covering all the major cities in the country. The company has two international landing stations in Chennai that connects two submarine cable systems - i2i to Singapore and SEA-ME-WE-4 to Europe. For more information, visit http://www.bhartiairtel.in/