Bharti on Mobile phone business.

This would give jitter all other companies who are in race of supplying mobile phones worldwide. Samsung, Nokia, LG and other satable companies have to think again before deciding the price range for theire master pieces cause Bharti on Sunday announced its entry into the fast-growing mobile handset business as group firm Beetel launched eight handsets in the price range of Rs 1,750-7,000.

Bharti is India's number one mobile service provider with over 140 million subscribers and the company recently acquired Zain Telecom in Africa to expand its footprint in 16 countries. Making an announcement, Beetel Teletech Limited (a Bharti Group firm) executive director and CEO Vinod Sawhny said, "The market is huge and there is a room for Indian players... Phones in the price range of Rs 2,000-6,000 are witnessing 30% growth and we plan to offer a good combination of feature-rich phones at affordable prices."

India is one of the fastest growing markets with annual shipments of about 130 million mobile devices, he said, adding, "It was important for Beetel to enter the market with a product for masses that is different from others."