Bharti Teletech may list next year

NEW DELHI: Bharti Teletech, the telecom equipment manufacturing and distribution company of Bharti Group, is likely to list on the bourses next year. The company���s vice-chairman and managing director Rakesh Mittal told ET that the group was looking at the possibility in the second-half of 2009, but refused to divulge further details.

Bharti Teletech assembles phones and other allied telecom products under the ���Beetel��� brand and also has strategic alliances with global players such as Motorola, Polycom, BlackBerry, Casio, Sanyo, Apple and Logitech to distribute their range of products in India.

The company, which had revenues of over Rs 1,500 crore for the year-ended March 2008, also runs two manufacturing facilities in India with a production capacity of 6 million phones expandable to 10 million units a year. ���We are also examining the possibility of setting up a facility in south,��� said Mr Mittal.