GTL Infrastructure

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GTL Infrastructure
Company typepublic company
BSE:  532775
NSE:  GTLINFRA
Founded2004 [1]
Headquarters Navi Mumbai, India
Products Network Services Provider
Number of employees
1075 [2]
Website GTL Infrastructure Limited

GTL Infrastructure Limited (GTL Infra) is an Indian telecom tower company that focuses on shared passive telecom infrastructure.

Contents

Headquartered in Navi Mumbai, Maharashtra, India, GTL Infra operates approximately 28,000 towers across 22 telecom circles in India, facilitating the provision of 2G, 3G, and 4G services by telecom service providers. [3] It was incorporated in 2004 by Manoj G. Tirodkar, who serves as the chairman of the company. [4]

History

In 2006, GTL Infra was listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), becoming the first company in India’s shared telecom infrastructure sector to be publicly listed. The following year, GTL Infra launched a rights issue valued at US$83.86 million. In 2010, the company acquired 17,500 towers and 21,000 tenants from Aircel. [5]

GTL Infra was also affected by the cancellation of licenses, as its customer base decreased due to issues faced by Aircel and Maxis, along with the subsequent cancellation of the Right of First Refusal (ROFR) by Aircel. In the subsequent years, GTL Infra undertook debt restructuring efforts.

Listing

The company's equity shares are listed on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange (BSE). Additionally, its Foreign Currency Convertible Bonds are listed on the Singapore Exchange Securities Trading Limited. [6]

Services

GTL Infra owns urban and rural telecom towers located in all the 22 telecom circles in India, which are shared by all telecom operators in the country. GTL Infra also offers real-time monitoring from its NOC (Network Operations Centre) and operations and maintenance services. [7]

Awards & Recognition

References

  1. ↑ GTL Infra founded in 2004
  2. ↑ 14th Annual Report 2016-17 with AGM Notice
  3. ↑ "About GTL Infrastructure". Economictimes Indiatimes. Retrieved 28 November 2017.
  4. ↑ "GTL Infrastructure Ltd". Economictimes Indiatimes. Retrieved 17 November 2017.
  5. ↑ "GTL Infra-Chennai Network combined debt falls to Rs. 4,193 cr". The Hindu Business Line. Retrieved 14 November 2017.
  6. ↑ "21 cos may default on FCCB commitments: S&P". The Hindu Business Line. 21 June 2012. Retrieved 14 November 2017.
  7. ↑ "Reliance Jio and GTL Infra sign Tower Infrastructure Sharing Deal". indiainfoline.com. 20 September 2016. Retrieved 3 November 2012.
  8. ↑ "GTL Infra received the Best Infrastructure Brands award from Economic Times in 2016" (PDF). GTLinfra.com. Archived from the original on 19 Jun 2017. Retrieved 14 November 2017.
  9. ↑ "GTL Infrastructure voted as the Best Independent Infrastructure Provider". Global Endless Possibilities. Retrieved 20 November 2017.
  10. ↑ "Scomi Group bags Greentech eco excellence award". Construction Week Online. 26 October 2009. Retrieved 20 November 2017.
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