Indus Towers: World’s largest tower company: Forced Exit by Idea & Providence?
Bharti Infratel , incorporated on November 30, 2006, is India's leading provider of tower and related infrastructure and it deploys, owns and manages telecom towers and communication structures for various mobile operators. The company has a consolidated portfolio of over 91,000 telecom towers which includes over 39,000 of its own towers and the balance from its 42% equity stake in Indus Towers. The three leading wireless telecommunications service providers in India by revenue -- Bharti Airtel, Vodafone and Idea Cellular -- are the largest customers of Bharti Infratel. The company has market share of 9.8% and in terms of company Co locations 11.6%. Indus Towers is an independently managed company offering passive infrastructure services to all telecom operators and other wireless services providers such as broadband service providers. Incorporated in November 2007, Indus Towers Limited has been promoted under a joint venture between entities of Bharti Infratel Limited Voda...