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About Indus Towers
History of Indus Towers Limited
Incorporated in November 2006, Indus Towers Limited was previously known as Bharti Infratel Limited. In 2007, Bharti Infratel Limited, the Promoter, Idea Cellular Limited, Vodafone India Limited and Idea Cellular Infrastructure entered a joint venture and set up Indus Towers for the operation of 15 telecommunication circles in India. In 2018, Indus Towers Limited was formed as a merger between Bharti Infratel Limited and Indus Towers, making Indus Towers Limited one of the largest telecom tower companies globally. As of September 2023, the company has more than 2,04,212 towers in 3,53,462 co-locations covering all 22 telecom circles. The primary customers of the company are Vodafone Idea Limited, Bharti Airtel, and Reliance Jio Infocomm Limited.Business Segments of Indus Towers Limited
There are various products and services offered by the company, as follows:- Tower: Under this segment, the company deploys the passive physical infrastructure required to accommodate the active equipment, i.e., the base transceiver station, transmission link and microwave antenna.
- Power: Under this segment, they offer innovative energy solutions to power their customers’ active equipment in an affordable manner.
- Space: Under this, the company finds a strategic location to place its passive infrastructure.
- Smart Cities: Under this, the company has partnered with New Delhi Municipal Council (NDMC), Dehradun Smart Cities (DSCL), Bhopal Smart City (BSCDCL) and Vadodara Municipal Corporation (VMC) to set up smart infrastructure, such as CCTV camera, Smart poles LED lights, Variable Digital Messaging Board, Public Wi-Fi and Environment Sensors.
- Tower Operations Center (TOC): This is a service the company offers, where end-to-end tower management solutions are provided.
- Green Technology: Under this segment, the company offers green energy solutions.
Key Personalities of Indus Towers Limited
Prachur Shah, Managing Director and CEO Prachur Shah, the Managing Director and CEO of Indus Towers Limited, has about 22 years of experience. Previously, he was leading the oil and gas vertical at Vedanta Limited, Director at Cairn Oil and Gas and was the Managing Director of Schlumberger - South Asia.Corporate Actions of Indus Towers Limited
There are no records of bonus shares or stock splits from Indus Towers Limited.Parent Organisation
Bharti
Managing Director
Narayanan Kumar
Founded
2006
NSE Symbol
INDUSTOWER
Community Discussion
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10th July, 2024
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Indus Towers Ltd FAQs
What is the share price of Indus Towers Ltd (INDUSTOWER) shares?
Indus Towers Ltd (INDUSTOWER) share price as of October 14, 2024, on NSE is Rs 386.9 (NSE) and Rs 386.9 (BSE) on BSE.
Can I buy Indus Towers Ltd (INDUSTOWER) from Angel One?
Yes, You can buy Indus Towers Ltd (INDUSTOWER) shares by opening a Demat account with Angel One.
How do I buy Indus Towers Ltd (INDUSTOWER) from Angel One?
Indus Towers Ltd (INDUSTOWER) share can be bought through the following modes:
1. Direct investment: You can buy Indus Towers Ltd (INDUSTOWER) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Indus Towers Ltd (INDUSTOWER) shares.
1. Direct investment: You can buy Indus Towers Ltd (INDUSTOWER) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Indus Towers Ltd (INDUSTOWER) shares.
What is the main business of Indus Towers?
The main business of Indus Towers Limited is to set up, operate, and maintain wireless telecommunication service towers. Its leading customers include Bharti Airtel (together with Bharti Hexacom), Reliance Jio, and Vodafone.
Who are the promoters of Indus Towers?
Some of the promoters of Indus Towers include Bharti Airtel Limited, Nettle Infrastructure Investment Limited, Euro Pacific Securities Ltd, Prime Metals Ltd, Mobilvest, Vodafone Telecommunications (India) Ltd, Trans Crystal Ltd, Omega Telecom Holdings Pvt Ltd, and Asian Telecommunication Investments (Mauritius) Limited.
What are the Subsidiaries that comes under Indus Towers?
The primary subsidiary that comes under Indus Towers is Smartx Services Limited. Indus Towers’ consolidated results also include its share in Indus Towers Employees Welfare Trust.
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