Company History - INDUS TOWERS
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.
2018
-Merger of Indus Towers and Bharti Infratel to create the largest
mobile tower operator in the world outside China.
2020
-Name has been changed from Bharti Infratel Limited to Indus Towers
Limited.
2022
-Indus Towers donates school bus for specially abled students.
-Chief Minister Yogi Adityanath inaugurates Indus Towers Advanced
Digital Health Kiosk.
-Indus Towers installs six new mobile towers along the Kedarnath Trek
in Rudraprayag.
-Indus Towers is 1st to receive CII-WAREX Titanium rating for five
warehouses.
-Indus Towers inaugurates a new mobile tower in Panaji.
