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Indus Towers Limited was founded in November 2007 by Bharti Infratel, Vodafone Essar, and Idea Cellular, with the goal of merging their passive infrastructure assets across 16 telecom circles. [11] It was incorporated with an objective to provide shared telecom infrastructure to telecom operators on a non-discriminatory basis. [ 12 ]
Bharti Infratel merged with Indus Towers on 19 November 2020, creating one of the largest mobile tower infrastructure operators in the world. [10] Post-merger, Bharti Airtel holds a 36.73% stake in Indus Towers, with Vodafone Group holding 28.12%, [11] and 3.1% shares held by Providence Equity. [12]
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]
The transmission towers are maintained by subsidiaries and joint venture companies of Bharti including Bharti Infratel (merged with Indus Towers) and Indus Towers in India. [10] Ericsson agreed for the first time to be paid by the minute for installation and maintenance of their equipment rather than being paid upfront, which allowed Airtel to ...
Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. . In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt
In 2007, Facebook launched Facebook Pages for brands and celebrities to interact with their fanbases. [ 48 ] [ 49 ] 100,000 Pages [ further explanation needed ] launched in November. [ 50 ] In June 2009, Facebook introduced a "Usernames" feature, allowing users to choose a unique nickname used in the URL for their personal profile, for easier ...
Aircel Ltd. was an Indian mobile network operator headquartered in Mumbai that offered voice and 2G and 3G data services. Maxis Communications held a 74% stake and Sindya Securities and Investments held the remaining 26%. [4]
In June 2024, Vodafone Group sold an 18% stake in Indian company Indus Towers, raising $1.82 billion to reduce its debt. Initially planning to sell a 10% stake, strong investor demand led Vodafone to nearly double the sale. Bharti Airtel increased its stake in Indus to about 49% by purchasing around 1% of the shares. The sale generated 153 ...