The Frost & Sullivan awards are given based on actual market performance of the company in the preceding fiscal year and the parameters include revenue growth, market share & market share growth and demonstrated leadership in product and service innovation.

Mr. Sunil Bharti Mittal was selected for the award by a panel of highly distinguished judges comprising eminent achievers in their respective fields like Mr. Francois Lancon, President, Convergys, Asia Pacific, Mr. Rudy Frey, CEO, Siemens ICN Asia Pacific, Mr. Nick Hutton, VP, Marketing, Alcatel Asia Pacific, Mr. Clement Tao, Editor, Tele.com and Mr. Raghav Sahgal, Managing Director, CSG Systems Asia Pacific.

According to Mr. Sunil Bharti Mittal, “I am pleased that Bharti’s efforts in enabling faster and more affordable communications for the Indian customers is playing a significant part in developing this core infrastructure industry. The potential of telecommunications in this country is enormous and we are committed to play a lead role in connecting India like never before and providing high quality telecom services to all.”

Mr. Mittal’s dynamism and foresight in leading Bharti into a leadership position in the industry and building a basket of powerful brands in the mobile, fixed-line, internet and long distance communications has been recognized by a number of prestigious Indian and international awards. His managerial and financial skills are reflected in the fact that Bharti is the one of the first few service companies in India to have a turnover in excess of a billion dollars, has secured over $1 billion in foreign equity, has a market capitalisation, which is amongst the top ten companies in India and contributes nearly 10% of the Indian telecom services revenue.

About Bharti

Bharti Tele-Ventures is India’s leading private sector provider of telecommunications services with an aggregate of 7.7 million customers as of end of April ‘04, consisting of over 7 million mobile customers. The Company today offers mobile services in sixteen out of 23 circles in India. The Company also provides fixed - line services in 5 circles.

The company complements its mobile and fixed-line services with national and international long distance services. The company also has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore. The company provides reliable end-to-end data and enterprise services to the corporate customers by leveraging its nationwide fibre optic backbone, last mile connectivity in fixed-line and mobile circles, VSATs, ISP and international bandwidth access through the gateways and landing station