29:
1471:
527:(US$ 450 million) as compensation for its 11.15% stake. Post-merger, Bharti Airtel received a 36.73% stake in the merged entity and Vodafone Group held a 28.12% stake. The remaining shares are held by private equity firm Providence Equity Partners (3.1%) and public shares (35.2%). The merger made Indus Towers the second largest telecom tower infrastructure operator in the world.
332:
309:
286:
263:
240:
1176:
1520:
400:. Bharti Infratel was the first Indian company to start a tower infrastructure sharing business. It was India's largest consolidated tower infrastructure company, directly owning 95,372 towers as on 31 March 2020.
1525:
1123:
1063:
661:
502:
Bharti
Infratel with Indus Towers. The merger was originally planned to go through before October 2019. However, due to delays in approvals, it was postponed to December 2019 by when the
861:
817:
986:
959:
792:
1037:
1530:
920:
605:
765:
1500:
79:
1505:
1165:
517:
approval and was due to be completed by 31 August. The merger was approved by Bharti
Infratel's board on 1 September, and by Vodafone Group in October 2020.
895:
1011:
1096:
487:
to telecom operators and other wireless services providers such as broadband service providers. Bharti
Infratel held a 42% stake in the company, with
376:
infrastructure company that provided telecom infrastructure such as telecom towers, fiber networks and other related infrastructure. Headquartered in
152:
1495:
548:
570:
1515:
255:
1158:
503:
447:
56:
934:
507:
469:
843:
438:(IPO) in December 2012 raising US$ 764 million. The IPO was subscribed 1.3 times and was the largest IPO in India since
1535:
1475:
1151:
484:
465:
739:
514:
498:
Bharti Airtel, Vodafone Group, and
Vodafone Idea announced on 25 April 2018 that they had signed an agreement to
499:
1258:
435:
1510:
483:
was incorporated in
November 2007 as an Indian telecommunications infrastructure company offering passive
461:
491:
holding 42% and
Vodafone Idea holding 11.15%. The remaining 4.85% stake was held by private equity firm
443:
65:
633:
1345:
1298:
713:
556:
1408:
578:
206:
960:"Bharti Infratel-Indus Towers merger may finally go through: Here's what the deal could look like"
1187:
1179:
457:
420:
389:
373:
92:
862:"Bharti Infratel, Indus merger complete; VIL gets ₹3,760 cr in cash for 11.15% holding in Indus"
1293:
1287:
1071:
914:
869:
492:
60:
1263:
324:
1439:
1418:
1278:
1268:
1202:
28:
69:
687:
1454:
1283:
1208:
935:"Merger of Bharti Infratel and Indus Towers: creating a listed pan-India tower company"
431:
called Bharti
Infratel Limited. Bharti Infratel Limited was incorporated in July 2007.
356:
506:(DoT) was supposed to give its permission. Owing to further delays by the DoT and the
1489:
1444:
1375:
1308:
1273:
1243:
1228:
1197:
416:
385:
361:
47:
818:"Nifty rejig: Vedanta, Zee, Bharti Infratel and GAIL may be excluded in next review"
1449:
1423:
1413:
1253:
1248:
1213:
480:
404:
133:
987:"Lockdown delays Bharti Infratel-Indus Towers merger, deal postponed for 4th time"
1313:
1303:
1124:"Bharti Infratel ringing in a merger with Indus to create world's largest telco"
662:"Bharti Infratel, Indus Towers merger done; VIL sells Indus stake for ₹3,760 cr"
1329:
439:
428:
397:
278:
1075:
873:
407:
on 19 November 2020. Bharti Airtel now holds a 36.73% stake in Indus Towers.
424:
393:
1143:
793:"Zee Ent, GAIL India, Bharti Infratel may be excluded from Nifty: Report"
488:
454:
377:
217:
157:
1175:
1385:
1350:
381:
161:
1064:"Vodafone lenders approve merger of Indus Towers with Bharti Infratel"
740:"UPDATE 1-India's Bharti Infratel prices IPO, raising about $ 764 mln"
1218:
1038:"Vodafone Idea to divest stake in Indus Towers after Infratel merger"
520:
The merger was completed on 19 November 2020. Vodafone Idea received
513:
The DoT approved the merger on 21 February 2020. The merger received
39:
301:
1521:
Companies formerly listed on the
National Stock Exchange of India
1147:
766:"Bharti Infratel fixes IPO price at Rs 220, raises Rs 4,118 cr"
1355:
224:
210:
510:, the deadline was extended multiple times to 24 June 2020.
1012:"DOT approves merger of Indus Towers with Bharti Infratel"
714:"No immediate plan for listing of Bharti Infratel: Gupta"
1097:"Bharti Infratel, Indus Towers complete merger process"
1526:
Companies formerly listed on the Bombay Stock
Exchange
1432:
1401:
1394:
1368:
1338:
1322:
1236:
1227:
1186:
442:in October 2010. Bharti Infratel was listed on the
355:
345:
322:
299:
276:
253:
234:
196:
186:
172:
147:
139:
128:
113:
98:
88:
78:
45:
35:
688:"India's Bharti says to spin off towers business"
16:Indian telecommunications infrastructure company
1159:
896:"Infratel, Indus merge to form a tower giant"
8:
919:: CS1 maint: multiple names: authors list (
894:Kundu, Navadha Pandey,Rhik (25 April 2018).
21:
1398:
1233:
1166:
1152:
1144:
27:
20:
543:
541:
539:
600:
598:
596:
594:
592:
590:
588:
1531:Indian companies disestablished in 2020
606:"Bharti Infratel Annual Report 2019-20"
535:
912:
634:"Investor Relations - Bharti Infratel"
1501:Telecommunications companies of India
7:
1506:Indian companies established in 2007
656:
654:
341:(US$ 1.6 billion) (FY20)
318:(US$ 2.4 billion) (FY20)
295:(US$ 400 million) (FY20)
272:(US$ 450 million) (FY20)
249:(US$ 820 million) (FY20)
14:
384:, the company was established by
1470:
1469:
1174:
1122:Gupta, Deepali; Barman, Arijit.
504:Department of Telecommunications
403:Bharti Infratel was merged with
331:
330:
308:
307:
285:
284:
262:
261:
239:
238:
791:Wadhwa, Puneet (31 July 2020).
1496:2007 establishments in Haryana
453:The company used to be in the
1:
508:National Company Law Tribunal
470:Zee Entertainment Enterprises
468:replaced Bharti Infratel and
434:Bharti Infratel initiated an
151:901, Park Centra, Sector 30,
1376:Bharti Axa General Insurance
1101:www.thehindubusinessline.com
985:Leo, Leroy (23 April 2020).
1552:
1516:Companies based in Gurgaon
466:SBI Life Insurance Company
117:19 November 2020
1467:
770:www.business-standard.com
515:foreign direct investment
26:
476:Merger with Indus Towers
419:announced that it would
797:Business Standard India
638:www.bharti-infratel.com
485:infrastructure services
448:National Stock Exchange
436:initial public offering
370:Bharti Infratel Limited
22:Bharti Infratel Limited
427:to a new wholly-owned
396:to a new wholly-owned
460:. In September 2020,
450:on 28 December 2012.
444:Bombay Stock Exchange
1346:Europe India Gateway
1299:Airtel Payments Bank
868:. 20 November 2020.
571:"Board of Directors"
415:On 23 January 2007,
178:95,372 towers (
1409:Kavin Bharti Mittal
720:. 30 September 2011
462:Divi's Laboratories
347:Number of employees
174:Number of locations
23:
1536:Bharti Enterprises
1180:Bharti Enterprises
1128:The Economic Times
1103:. 19 November 2020
1070:. 5 October 2020.
1068:The Economic Times
1018:. 21 February 2020
772:. 18 December 2012
746:. 17 December 2012
668:. 19 November 2020
374:telecommunications
93:Telecommunications
1483:
1482:
1463:
1462:
1364:
1363:
1294:Airtel digital TV
1288:Airtel Bangladesh
694:. 23 January 2007
549:"Company Profile"
493:Providence Equity
367:
366:
351:2,402 (FY20)
181:
1543:
1473:
1472:
1399:
1264:Airtel Sri Lanka
1234:
1178:
1168:
1161:
1154:
1145:
1139:
1138:
1136:
1134:
1119:
1113:
1112:
1110:
1108:
1093:
1087:
1086:
1084:
1082:
1060:
1054:
1053:
1051:
1049:
1034:
1028:
1027:
1025:
1023:
1008:
1002:
1001:
999:
997:
982:
976:
975:
973:
971:
956:
950:
949:
947:
945:
931:
925:
924:
918:
910:
908:
906:
891:
885:
884:
882:
880:
858:
852:
851:
840:
834:
833:
831:
829:
814:
808:
807:
805:
803:
788:
782:
781:
779:
777:
762:
756:
755:
753:
751:
736:
730:
729:
727:
725:
710:
704:
703:
701:
699:
684:
678:
677:
675:
673:
658:
649:
648:
646:
644:
630:
624:
623:
621:
619:
610:
602:
583:
582:
581:on 19 July 2020.
577:. Archived from
567:
561:
560:
555:. Archived from
545:
526:
524:
388:in July 2007 by
340:
338:
334:
333:
327:
317:
315:
311:
310:
304:
294:
292:
288:
287:
271:
269:
265:
264:
256:Operating income
248:
246:
242:
241:
179:
124:
122:
109:
107:
31:
24:
1551:
1550:
1546:
1545:
1544:
1542:
1541:
1540:
1486:
1485:
1484:
1479:
1459:
1440:Chua Sock Koong
1428:
1419:Sat Paul Mittal
1390:
1381:Bharti Infratel
1369:Former holdings
1360:
1334:
1318:
1279:Airtel-Vodafone
1269:Airtel Tanzania
1223:
1203:Del Monte Foods
1189:
1182:
1172:
1142:
1132:
1130:
1121:
1120:
1116:
1106:
1104:
1095:
1094:
1090:
1080:
1078:
1062:
1061:
1057:
1047:
1045:
1036:
1035:
1031:
1021:
1019:
1010:
1009:
1005:
995:
993:
984:
983:
979:
969:
967:
958:
957:
953:
943:
941:
933:
932:
928:
911:
904:
902:
893:
892:
888:
878:
876:
860:
859:
855:
842:
841:
837:
827:
825:
816:
815:
811:
801:
799:
790:
789:
785:
775:
773:
764:
763:
759:
749:
747:
738:
737:
733:
723:
721:
712:
711:
707:
697:
695:
686:
685:
681:
671:
669:
660:
659:
652:
642:
640:
632:
631:
627:
617:
615:
608:
604:
603:
586:
575:Bharti Infratel
569:
568:
564:
559:on 6 July 2020.
553:Bharti Infratel
547:
546:
537:
533:
522:
521:
478:
413:
348:
336:
335:
323:
313:
312:
300:
290:
289:
281:
267:
266:
258:
244:
243:
230:
199:
189:
175:
168:
164:
120:
118:
105:
103:
74:
50:
17:
12:
11:
5:
1549:
1547:
1539:
1538:
1533:
1528:
1523:
1518:
1513:
1508:
1503:
1498:
1488:
1487:
1481:
1480:
1468:
1465:
1464:
1461:
1460:
1458:
1457:
1455:Shyam Mardikar
1452:
1447:
1442:
1436:
1434:
1430:
1429:
1427:
1426:
1421:
1416:
1411:
1405:
1403:
1396:
1392:
1391:
1389:
1388:
1383:
1378:
1372:
1370:
1366:
1365:
1362:
1361:
1359:
1358:
1353:
1348:
1342:
1340:
1339:Infrastructure
1336:
1335:
1333:
1332:
1326:
1324:
1320:
1319:
1317:
1316:
1311:
1306:
1301:
1296:
1291:
1281:
1276:
1271:
1266:
1261:
1259:Airtel Nigeria
1256:
1251:
1246:
1240:
1238:
1231:
1225:
1224:
1222:
1221:
1216:
1211:
1209:Hike Messenger
1206:
1200:
1194:
1192:
1184:
1183:
1173:
1171:
1170:
1163:
1156:
1148:
1141:
1140:
1114:
1088:
1055:
1029:
1003:
977:
966:. 10 June 2020
951:
926:
886:
853:
844:"Indus Towers"
835:
824:. 29 June 2020
809:
783:
757:
731:
705:
679:
650:
625:
584:
562:
534:
532:
529:
489:Vodafone Group
477:
474:
472:on the index.
412:
409:
372:was an Indian
365:
364:
359:
353:
352:
349:
346:
343:
342:
339:13,542.3 crore
328:
320:
319:
316:20,158.8 crore
305:
297:
296:
282:
277:
274:
273:
259:
254:
251:
250:
236:
232:
231:
229:
228:
221:
214:
202:
200:
197:
194:
193:
190:
187:
184:
183:
176:
173:
170:
169:
166:
156:
149:
145:
144:
141:
137:
136:
130:
126:
125:
115:
111:
110:
102:July 2007
100:
96:
95:
90:
86:
85:
82:
76:
75:
73:
72:
63:
53:
51:
46:
43:
42:
37:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
1548:
1537:
1534:
1532:
1529:
1527:
1524:
1522:
1519:
1517:
1514:
1512:
1511:Bharti Airtel
1509:
1507:
1504:
1502:
1499:
1497:
1494:
1493:
1491:
1478:
1477:
1466:
1456:
1453:
1451:
1448:
1446:
1445:Craig Ehrlich
1443:
1441:
1438:
1437:
1435:
1431:
1425:
1422:
1420:
1417:
1415:
1412:
1410:
1407:
1406:
1404:
1402:Mittal family
1400:
1397:
1393:
1387:
1384:
1382:
1379:
1377:
1374:
1373:
1371:
1367:
1357:
1354:
1352:
1349:
1347:
1344:
1343:
1341:
1337:
1331:
1328:
1327:
1325:
1321:
1315:
1312:
1310:
1309:Express Wi-Fi
1307:
1305:
1302:
1300:
1297:
1295:
1292:
1289:
1285:
1282:
1280:
1277:
1275:
1274:Airtel Uganda
1272:
1270:
1267:
1265:
1262:
1260:
1257:
1255:
1252:
1250:
1247:
1245:
1244:Airtel Africa
1242:
1241:
1239:
1235:
1232:
1230:
1229:Bharti Airtel
1226:
1220:
1217:
1215:
1212:
1210:
1207:
1204:
1201:
1199:
1198:Bharti Realty
1196:
1195:
1193:
1191:
1185:
1181:
1177:
1169:
1164:
1162:
1157:
1155:
1150:
1149:
1146:
1129:
1125:
1118:
1115:
1102:
1098:
1092:
1089:
1077:
1073:
1069:
1065:
1059:
1056:
1043:
1039:
1033:
1030:
1017:
1016:Deccan Herald
1013:
1007:
1004:
992:
988:
981:
978:
965:
961:
955:
952:
940:
936:
930:
927:
922:
916:
901:
897:
890:
887:
875:
871:
867:
863:
857:
854:
849:
845:
839:
836:
823:
819:
813:
810:
798:
794:
787:
784:
771:
767:
761:
758:
745:
741:
735:
732:
719:
715:
709:
706:
693:
689:
683:
680:
667:
663:
657:
655:
651:
639:
635:
629:
626:
614:
613:Bharti Airtel
607:
601:
599:
597:
595:
593:
591:
589:
585:
580:
576:
572:
566:
563:
558:
554:
550:
544:
542:
540:
536:
530:
528:
525:3,760.1 crore
518:
516:
511:
509:
505:
501:
496:
494:
490:
486:
482:
475:
473:
471:
467:
463:
459:
456:
451:
449:
445:
441:
437:
432:
430:
426:
425:mobile towers
422:
418:
417:Bharti Airtel
410:
408:
406:
401:
399:
395:
394:mobile towers
391:
387:
386:Bharti Airtel
383:
379:
375:
371:
363:
362:Bharti Airtel
360:
358:
354:
350:
344:
329:
326:
321:
306:
303:
298:
293:3,298.7 crore
283:
280:
275:
270:3,787.5 crore
260:
257:
252:
247:6,871.7 crore
237:
233:
226:
222:
219:
216:Akhil Gupta (
215:
212:
208:
205:D. S. Rawat (
204:
203:
201:
195:
191:
185:
177:
171:
163:
159:
154:
150:
146:
142:
138:
135:
131:
127:
116:
112:
101:
97:
94:
91:
87:
83:
81:
77:
71:
67:
64:
62:
58:
55:
54:
52:
49:
44:
41:
38:
34:
30:
25:
19:
1474:
1450:Gopal Vittal
1424:Sunil Mittal
1414:Rajan Mittal
1380:
1254:Airtel Kenya
1249:Airtel India
1214:Indus Towers
1131:. Retrieved
1127:
1117:
1105:. Retrieved
1100:
1091:
1079:. Retrieved
1067:
1058:
1046:. Retrieved
1042:Moneycontrol
1041:
1032:
1020:. Retrieved
1015:
1006:
994:. Retrieved
990:
980:
968:. Retrieved
964:cnbctv18.com
963:
954:
942:. Retrieved
939:Vodafone.com
938:
929:
903:. Retrieved
899:
889:
877:. Retrieved
865:
856:
847:
838:
826:. Retrieved
822:Moneycontrol
821:
812:
800:. Retrieved
796:
786:
774:. Retrieved
769:
760:
748:. Retrieved
743:
734:
722:. Retrieved
718:Moneycontrol
717:
708:
696:. Retrieved
691:
682:
670:. Retrieved
665:
641:. Retrieved
637:
628:
616:. Retrieved
612:
579:the original
574:
565:
557:the original
552:
519:
512:
497:
481:Indus Towers
479:
452:
433:
414:
405:Indus Towers
402:
390:spinning-off
369:
368:
325:Total equity
302:Total assets
223:Pooja Jain (
148:Headquarters
143:Indus Towers
134:Indus Towers
132:Merged with
84:INE121J01017
36:Company type
18:
1314:Tata Docomo
1304:Airtel Zero
1190:Enterprises
1044:. July 2020
188:Area served
1490:Categories
1330:Wynk Music
531:References
440:Coal India
429:subsidiary
398:subsidiary
279:Net income
198:Key people
180:March 2020
121:2020-11-19
1076:0013-0389
874:0971-751X
866:The Hindu
140:Successor
48:Traded as
1476:Category
1237:Consumer
996:8 August
991:Livemint
915:cite web
828:8 August
802:8 August
455:NIFTY 50
446:and the
421:spin-off
378:Gurugram
218:Chairman
158:Gurugram
89:Industry
61:INFRATEL
1386:Easyday
1351:I-ME-WE
1323:Digital
1133:23 July
848:sec.gov
744:Reuters
692:Reuters
643:24 June
411:History
382:Haryana
235:Revenue
162:Haryana
119: (
114:Defunct
106:2007-07
104: (
99:Founded
68::
59::
1433:Others
1395:People
1219:OneWeb
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970:1 July
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357:Parent
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464:and
423:its
392:its
153:NH 8
129:Fate
80:ISIN
1356:I2i
225:CFO
211:CEO
66:BSE
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