Bharti Infratel Limited was incorporated on November 30, 2006 with the object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company is publicly traded on National Stock Exchange of India (NSE) and BSE Limited. The company is a subsidiary of Bharti Airtel Limited.

 * Mid 90s & early-2000s: Infratel is a function within Airtel and is responsible for managing the tower infrastructure of Airtel's wireless business ('Tower Infrastructure' collectively refers to the Tower, the real-estate area in the tower site, the diesel generator sets, and the equipment shelter).
   
 * Early to mid-2000s: Airtel is at the forefront, of the Telecommunication revolution sweeping the country. More and more players enter the telecom business; reducing ARPUs increase pressure on operators to minimize capital investment and maximize reach in a short time.
   
 * July 2007: Bharti Infratel is created as an independent tower company to provide compelling capex saving opportunities to telecom service providers, while optimally utilising Airtel's large tower base.
   
 * November 2007: Indus Towers created as a Joint Venture between Bharti Infratel, Vodafone and Aditya Birla Telecom. Infratel has 42% stake in Indus.

Business area of the company

The company is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.

Indus Towers Ltd.

Tata Communications Ltd.

Vodafone Idea Ltd.

Tata Teleservices (Maharashtra) Ltd.

Railtel Corporation Of India Ltd.

Hathway Cable & Datacom Ltd.

Mahanagar Telephone Nigam Ltd.

Reliance Communications Ltd.

GTL Ltd.

Bharti Airtel Ltd.

Market Cap	50,570 Cr	ROE	9.4%
P/E Ratio(TTM)	15.2	EPS(TTM)	0.0
P/B Ratio	2.1	Dividend Yield	0.0%
Industry P/E	70.3	Book Value	87.9
		Face Value	10.0

Fundamentals