Sunil Mittal owned Bharti Airtel and Paris headquartered Alcatel are forming a joint venture with Alcatel owning 74% of the equity share and Bharti having 26%.Bharti C.E.O Manoj Kohli said that the joint venture will fulfill the country's dream of having 20 million broad band customers soon.The joint venture is worth 500 million dollars.
Alcatel-Lucent C.E.O Ben Vawaayen said that the joint venture will bring the two similar companies together.The J.V will have about 4000 employees with some guys from the outsourcing firm.According to Wall Street Journal's survey,Bharti is the most innovative Indian company.
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what will they do??
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