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Bharti Infratel > Company History > Telecommunications - Equipment > Company History of Bharti Infratel - BSE: 534816, NSE: INFRATEL
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Bharti Infratel

BSE: 534816|NSE: INFRATEL|ISIN: INE121J01017|SECTOR: Telecommunications - Equipment
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Company History - Bharti Infratel
The Company was incorporated as Bharti Infratel Limited as a public
 limited company on November 30, 2006. The Company received a
 certificate of commencement of business on April 10, 2007.  Pursuant
 to a scheme of arrangement approved by the High Court of Delhi on
 November 26, 2007,  the  Promoter transferred its telecommunication
 infrastructure business to the Company. 
 
 Major events of the Company  
 
 2007 :
 
 The Company,  the Promoter, Vodafone  India Limited, Idea Cellular
 Limited and Idea Cellular Infrastructure entered into a joint venture
 to set up Indus to operate 15 telecommunication circles in India 
 
 2008 :
 
 The Promoter transferred its passive infrastructure assets to the
 Company pursuant to a scheme of arrangement that became effective on
 January 31, 2008 with effect from the same day 
 
 Compassvale, KKR Towers Company Mauritius Limited, GS Investment
 Partners (Mauritius)  I  Limited, Citigroup Financial Products Inc.,
 AIF Capital Telecom Infrastructure Limited, AXA Towers India,
 Anadale, GS Strategic, Millennium Mauritius I Limited, Park Equity
 Holdings Limited and Nomura invested in  the Company by subscribing
 to Equity Shares and compulsorily convertible debentures 
 
 2009 :
 
 The Company  transferred its passive infrastructure assets in 12
 telecommunication circles to its  subsidiary, BIVL, pursuant to a
 scheme of arrangement that became effective on  May 5, 2011 with
 effect from  the appointed date, i.e., April 1, 2009 
 
 Citigroup Financial Products Inc. converted 118,650 compulsorily
 convertible debentures into 1,182,270 Equity Shares 
 
 2010 :
 
 Compassvale, KKR Towers Company Mauritius Limited, AIF Capital
 Telecom Infrastructure Limited, Anadale, GS Strategic, Millennium
 Mauritius 1 Limited, Nomura, AXA Towers India, GS Investment Partners
 (Mauritius)  I Limited and Park Equity Holdings Limited converted an
 aggregate of 3,084,900 compulsorily convertible debentures into
 39,120,640 Equity Shares 
 
 The Company won the Innovative Infrastructure Company of the Year
 award at the Essar Steel Infrastructure Excellence Awards 2010 
 
 2011 :
 
 Renewable Energy Solutions for Telecom  Cell Towers by  the Company
  was recognised as the Most Innovative Energy Saving Product at the
 Confederation of Indian Industry - National Award for Excellence in
 Energy Management 2011 
 
 The Company won the Green Mobile Award for best green
 product/service or performance at the Global Mobile Awards 2011 
 
 BIVL has filed a scheme of arrangement before the High Court of Delhi
 pursuant to which, all the business and undertakings of BIVL, Vodafone
 Infrastructure Limited and Idea Cellular Towers Infrastructure Limited
 will be transferred to and vested in Indus. 
 
 2012 :
 
 The Company was awarded the 2012  CNBC Essar Steel, Infrastructure
 Excellence Award as the Telecom Infrastructure Company of the Year
 
 The Company won the 2012 CIO-APC Green IT Award for successfully
 consolidating and virtualising its data center and making significant
 reduction in carbon emissions.  
 
 The Company won the iCMG IT Architecture Award for its landmark
 end-to-end enterprise tool
 
 2013
 
 -Bharti Infratel and OMC Power Awarded Best Consumer Service
 Innovation Award at Global Telecoms Business Innovation Awards
 
 -Bharti Infratel Awarded the 'Most Innovative Energy Saving Product'
 for 'Renewable Energy Solutions for Telecom Tower Sites'
 
 2014
 -Reliance Jio and Bharti Infratel Join Hands in Tower Infrastructure
 Sharing
 
 -Bharti Infratel was conferred with Amity Telecom Excellence Award
 for being the Top Telecom Tower Company of the Year 2014
 
 -Bharti Infratel has been conferred with Global Business Excellence
 Award-2014
 
 -Reliance Jio and Indus Towers Ink Infrastructure Sharing Deal
 
 2015
 - Bharti Infratel 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).
 -Bharti Infratel wins Best Employer at the Aon Hewitt Best
 Employers 2015 Awards
 
 2016
 -Bharti Infratel has won Top Telecom Tower Company of the Year 2016
 award at Amity Telecom National Awards for Excellence Telefocus.
 -Bharti Infratel is conferred with Green Initiative of the Year 2016
 title at the TowerXchange ME&A Meetup in Johannesburg.
 -Bharti Infratel has been awarded the Golden Peacock Award for
 Sustainability by Institute of Directors at The London Global
 Convention 2016.
 -Bharti Infratel has been recognised as the Best Infrastructure Brand
 of 2016.
 -Bharti Infratel has won top honours for its best people practices at
 the 'Aon Hewitt Best Employers' 2016.
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