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Bharti Infratel Ltd.

BSE: 534816 Sector: Infrastructure
NSE: INFRATEL ISIN Code: INE121J01017
BSE LIVE 12:07 | 18 Jan 352.90 -0.30
(-0.08%)
OPEN

354.00

HIGH

354.20

LOW

352.00

NSE LIVE 12:07 | 18 Jan 353.00 -0.30
(-0.08%)
OPEN

352.85

HIGH

354.50

LOW

352.00

OPEN 354.00
PREVIOUS CLOSE 353.20
VOLUME 5606
52-Week high 412.55
52-Week low 302.10
P/E 23.20
Mkt Cap.(Rs cr) 65272.74
Buy Price 352.70
Buy Qty 79.00
Sell Price 353.30
Sell Qty 80.00
OPEN 354.00
CLOSE 353.20
VOLUME 5606
52-Week high 412.55
52-Week low 302.10
P/E 23.20
Mkt Cap.(Rs cr) 65272.74
Buy Price 352.70
Buy Qty 79.00
Sell Price 353.30
Sell Qty 80.00

Bharti Infratel Ltd. (INFRATEL) - Company History

Bharti Infratel was incorporated in 2006 as a subsidiary of Bharti Airtel a leading global telecommunications company which currently has operations in 20 countries across Asia and Africa. Bharti Airtel and Bharti Infratel are a part of the Bharti group one of India's leading business conglomerates with business interests in the telecommunications real estate insurance and retail sectors. In January 2008 Bharti Airtel transferred its towers to Bharti Infratel through a scheme of arrangement effective as of January 31 2008. As of September 30 2012 Bharti Airtel held 86.1% of the equity share capital of Bharti Infratel while the remaining 13.9% was held by certain private equity investors.In India Bharti Infratel has over 34000+towers across 18 states and 11 Telecom circles and still growing. The company also has a 42% stake in Indus Towers which was created as a Joint Venture between Bharti Infratel Vodafone and Aditya Birla Telecom to hive off the Towers business in 15 telecom circles. In 2011 the company won the `Green Mobile Award' for best green product / service or performance at the Global Mobile Awards 2011. In 2012 the company was awarded the 2012-CNBC Essar Steel Infrastructure Excellence Award as the Telecom Infrastructure Company of the year. It also received the 2012 CIO-APC Green IT Award for successfully consolidating and virtualising its data centre and making significant reduction in carbon emissions.In 2013 Bharti Infratel and OMC Power Awarded Best Consumer Service Innovation Award at Global Telecoms Business Innovation Awards. The company was also awarded the 'Most Innovative Energy Saving Product' for 'Renewable Energy Solutions for Telecom Tower Sites.In 2014 Reliance Jio and the company Joined Hands in Tower Infrastructure Sharing agreement. The company was also conferred with `Amity Telecom Excellence Award' for being the `Top Telecom Tower Company of the Year 2014'. The company has been conferred with `Global Business Excellence Award-2014. The company and indus Towers ink Infrastructure sharing deal.In 2015 the company has approved increase in foreign investment limit upto 49% of the paid up capital under Portfolio Investment Scheme (PIS) by Foreign Institutional Investors (FIls)/ Registered Foreign Portfolio Investors (RFPIs). The company wins award for `Best Employer' at the Aon Hewitt Best Employers 2015 Awards.