Company type | Public |
---|---|
ISIN | INE121J01017 |
Industry | Telecommunications |
Founded | July 2007 |
Defunct | 19 November 2020 |
Fate | Merged with Indus Towers |
Successor | Indus Towers |
Headquarters | 901, Park Centra, Sector 30, NH 8, , India[1] |
Number of locations | 95,372 towers[1] (March 2020) |
Area served | India |
Key people | |
Revenue | ₹6,871.7 crore (US$820 million)[3] (FY20) |
₹3,787.5 crore (US$450 million)[3] (FY20) | |
₹3,298.7 crore (US$400 million)[3] (FY20) | |
Total assets | ₹20,158.8 crore (US$2.4 billion)[3] (FY20) |
Total equity | ₹13,542.3 crore (US$1.6 billion)[3] (FY20) |
Number of employees | 2,402[3] (FY20) |
Parent | Bharti Airtel |
Bharti Infratel Limited was an Indian telecommunications infrastructure company that provided telecom infrastructure such as telecom towers, fiber networks and other related infrastructure.[4] Headquartered in Gurugram, Haryana, the company was established by Bharti Airtel in July 2007 by spinning-off its mobile towers to a new wholly-owned subsidiary. 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.[1]
Bharti Infratel was merged with Indus Towers on 19 November 2020. Bharti Airtel now holds a 36.73% stake in Indus Towers.[5]
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