The Hindu Business Line : Bharti Airtel becomes India's biggest music co

MANCHESTER: Indian telecom giant Bharti Airtel has now become the country's biggest music company, overtaking the industry leader Saregama, on the back of its music-related value-added mobile services, a top executive has said.

“Music Bharti has become the largest music company in India, overtaking Saregama India Ltd in terms of revenue,” Bharti Airtel's Deputy CEO, Mr Sanjay Kapoor said.

While Mr Kapoor did not disclose the exact revenue earned by Music Bharti, which provides music services such as hello tunes, call-back tunes and music on demand, Saregama had a annual revenue of about Rs 150 crore in the fiscal ended March 31, 2008.

Bharti Airtel, the flagship company of Sunil Mittal-led Bharti Group, recently entered into an exclusive multi-million dollar deal with Machester United here, under which it would offer its mobile subscribers access to the mobile content related to the B ritish soccer club.

“We are growing fast in the music segment,” Mr Kapoor said, adding there was huge growth potential for the company in other value-added service segments such as mobile commerce also. - PTI

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