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Currently Indus Towers is a subsidiary of Bharati Airtel after the latter increased it's stake to 50.005% & Vodafone Group Plc exited the company Indus Towers Limited has over 192,874 towers and 342,831 co-locations and a nationwide presence covering all 22 telecom circles. [8]
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]
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]
Top Indian telecoms carrier Bharti Airtel, the majority owner of Bharti Infratel, will end up with a stake of 33.8 percent to 37.2 percent in the combined entity, which will be called Indus Towers ...
Vodafone currently owns 21.5% of mobile tower operator Indus Towers through various group entities. Based on Friday’s stock price in Mumbai, the investment is valued at $2.3 billion. As per the ...
Airtel's equipment is provided and maintained by Ericsson, Huawei, and Nokia Networks [9] whereas IT support is provided by Amdocs. 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]
There are 4 pay-for-use DTH service providers and one free-to-air service provider (DD Free Dish) in India. [1]As of 30 September 2024, there are 59.91 million active paying DTH subscribers, in addition to the subscribers of state-owned DD Free Dish, in the country according to Telecom Regulatory Authority of India (TRAI).
Airtel 4G trials has been started in Delhi from 18 June 2015. [27] Airtel had 95,173,000 4G subscribers as of June 2019. [28] As of June 2019, Airtel provides 4G coverage in all India in 22 circles. [29] Airtel extended its 4G network to 15 km off India's coastline, following a request by the Indian Navy. [30]