Bharti Airtel, now India's No.1 music company

Posted By: Staff
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New Delhi, May 12: Bharti Airtel, the Indian telecom giant is now India's biggest music company (over taking the industry leader Saregama) on the back of its music-related value-added mobile services.

Sanjay Kapoor, Deputy CEO of Bharti Airtel said, "Music Bharti has become the largest music company in India, overtaking Saregama India Ltd in terms of revenue". However he did not reveal the exact revenue earned by Music Bharti which provides services like hello tunes, call-back tunes and music on demand.

Saregama has an annual revenue of about Rs 150 cr (Rs1.5 bn) in the fiscal ended Mar 31, 2008. The company was also recognised as the best among its global peers for its Music-On-Demand service.

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