NEW DELHI, India -- Bharti Airtel Limited (“Bharti Airtel” or “the company”) today announced its audited US GAAP results for its third quarter and nine months ended December 31, 2007. It has once again maintained its strong growth momentum.

The consolidated total revenues for the quarter ended December 31, 2007 of Rs. 6,964 crore grew by 42% and EBITDA of Rs. 2,963 crore grew by 48% on a year on year basis. The cash profit from operations of Rs. 2,882 crore grew by 35% over last year. The net profit for the quarter ended December 31, 2007 was Rs. 1,722 crore, a growth of 42% over last year.

The revenues and net profit for the nine months ended December 31, 2007 was Rs. 19,206 crore and Rs. 4,848 crore, a growth of 46% and 67% over the same period last year respectively.

Bharti had 5.7 crore customers, as on December 31, 2007, an increase in the total customer base of 70%, over the corresponding period last year and maintained its leadership position through an improved market share of all India wireless subscribers at 23.6% as on December 31, 2007, up from 21.8% corresponding to the same period of last year.

Commenting on the results and performance, Mr. Sunil Bharti Mittal, Chairman & Managing Director, Bharti Airtel Limited, said, “In the current quarter, Bharti Airtel has further consolidated its leadership position in the wireless market. We believe that the current growth momentum will receive further boost with our focus on setting new benchmarks in the market by driving affordability and availability. With aggressive expansion plans particularly in rural India, we are in a strong position to continue leading the telecom revolution in the country.”

Bharti Airtel Ltd. (Mumbai: BHARTIARTL)