Indus Towers
| Company type | Public |
|---|---|
| ISIN | INE121J01017 |
| Industry | Telecommunications |
| Predecessor | Bharti Infratel |
| Founded | November 2007 |
| Headquarters | DLF Cyber City, , India |
Number of locations | 219,736 towers (FY24) |
Area served | India |
Key people |
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| Revenue | ₹28,961 crore (US$3.4 billion) (2024) |
| ₹8,122 crore (US$960 million) (2024) | |
| ₹6,036 crore (US$710 million) (2024) | |
| Total assets | ₹55,867 crore (US$6.6 billion) (2024) |
| Total equity | ₹27,038 crore (US$3.2 billion) (2024) |
| Owners |
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Number of employees | 3,554 (FY24) |
| Website | www |
Indus Towers Limited is an Indian telecommunications infrastructure company offering passive infrastructure services to mobile network operators and other wireless services providers. Headquartered in Gurugram, Haryana, Indus Towers was incorporated in November 2007 by Bharti Infratel (a subsidiary of Bharti Airtel), Vodafone Essar, and Idea Cellular, to provide shared telecom infrastructure to telecom operators on a non-discriminatory basis.
Bharti Infratel merged with Indus Towers on 19 November 2020, creating one of the largest mobile tower infrastructure operators in the world. Post-merger, Bharti Airtel held a 36.73% stake in Indus Towers, with Vodafone Group Plc holding 28.12%, and 3.1% shares held by Providence Equity.
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. It has the widest coverage in India and has already achieved 289,000 tenancies, a first in the telecom tower industry globally. Some of its major customers include Airtel, Bharti Hexacom, Jio and Vi.