A Mini-Thread on Bharti Airtel: One of the world’s leading telecommunication services providers with a presence in 18 countries
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1) Largest Player in B2B connectivity:
Airtel Business is India’s largest player in the B2B connectivity space and serves over one million businesses with an integrated portfolio that includes connectivity, cloud, security and collaboration, and data center solutions.
2) Stake in Indus Towers:
Presently, the company owns ~42% stake in Indus Towers (erstwhile Bharti Infratel) directly and through its wholly-owned subsidiary Nettle Infrastructure Investments Ltd.
3) Indus Towers Limited has over 175,500 towers and 318,300 co-locations and a nationwide presence covering all 22 telecom circles.
Its leading customers are Airtel, Vodafone Idea, and Reliance Jio Infocomm Limited.
4) In December 2020, the company, through Nettle Infrastructure bought a ~5% stake in Indus Towers for ~2,900 crores.
