Airtel 2014 Annual Report Download - page 268

Notes to consolidated financial statements
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Annual Report 2014-15
266
40. Companies in the Group, Joint Ventures and Associates
The Group conducts its business through Bharti Airtel and its directly and indirectly held subsidiaries, joint ventures and
associates. Information about the composition of the Group is as follows:-
S. No. Principal Activity Principal place of operation /
country of incorporation
Number of wholly-owned
subsidiaries
As of
March 31, 2015
As of
March 31, 2014
1 Telecommunication services Africa 10 10
2 Telecommunication services India 4 3
3 Telecommunication services South Asia 2 2
4 Telecommunication services Other 7 7
5 Mobile commerce services Africa 17 17
6 Mobile commerce services India 1 1
7 Infrastructure services Africa 9 10
8 Infrastructure services South Asia 2 2
9 Investment company Africa 3 3
10 Investment company Netherlands 25 27
11 Investment company Mauritius 6 6
12 Investment company Other 2 2
13 Direct to Home services Africa 3 5
14 Submarine cable system Mauritius 1 1
15 Holding, finance services and
management services
Netherlands 1 1
16 Other India 1 1
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S. No. Principal Activity Principal place of operation /
country of incorporation
Number of Non-wholly-owned
subsidiaries
As of
March 31, 2015
As of
March 31, 2014
1 Telecommunication services Africa 9 9
2 Telecommunication services India 1 1
3 Infrastructure services India 2 2
4 Infrastructure services Africa 7 7
5 Direct to Home services India 1 1
20 20