Indus Towers Ltd - INDUS TOWERS Share Price

Summary

Indus Tower Ltd (formerly Bharti Infratel Ltd) is a provider of tower and related infrastructure sharing services. The Company is one of the largest telecom tower companies in India basis the number of towers and co-locations operated by the Company. The business of Indus Towers is to deploy, own, operate and manage passive infrastructure pertaining to telecommunication operations. Apart from this, the Company provides access to its towers, primarily to wireless telecommunication service providers, on a shared basis under long-term contracts. It has a nationwide presence with operations in all 22 telecommunication circles in India and caters to all wireless telecommunication service providers in India. The companys consolidated portfolio of over 91,000 telecom towers, which includes over 39,000 of its own towers and the balance from its 42% equity interest in Indus Towers, makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles. The three leading wireless telecommunications service providers in India by revenue - Bharti Airtel, Vodafone and Idea Cellular - are the largest customers of Bharti Infratel.Bharti Infratel was incorporated in 2006 as a subsidiary of Bharti Airtel, a leading global telecommunications company which currently has operations in 17 countries across Asia and Africa. Bharti Airtel and Bharti Infratel are a part of the Bharti group, one of Indias leading business conglomerates, with business... Read More