GTL Infrastructure

#8444

Rank

$215.72M

Marketcap

India

Country

Leadership team

Mr. Manoj Gajanan Tirodkar (Co-Founder & Non-Exec. Chairman)

Mr. Bhupendra J. Kiny (CFO and Head of Pricing & Costing)

Mr. Nitesh A. Mhatre (Compliance Officer & Company Sec.)

Products/ Services

Public Relations

Number of Employees

500 - 1000

Headquarters

Mumbai, Maharashtra, India

Established

2004

Revenue

100M - 500M

Traded as

GTLINFRA.NS

Social Media

URL

https://www.gtlinfra.com

Overview

Location

Recognition and Award

References

Summary

GTL Infrastructure Limited, an independent and neutral telecom tower company, builds, owns, operates, and maintains shared passive telecom infrastructure sites. The company provides telecom towers on a shared basis to various telecom operators to host their active equipment; and delivers uninterrupted power on towers. It operates a portfolio of approximately 26,000 telecom towers across 22 telecom circles in India. The company was formerly known as GTL Infras Engineering & Managed Network Services Limited and changed its name to GTL Infrastructure Limited in February 2005. GTL Infrastructure Limited was incorporated in 2004 and is headquartered in Mumbai, India.

History

In the late 1990s, the telecom sector was in India was liberalised which led to a boom in the industry. All telecom players benefited from the explosive growth and opportunities it brought up. In 2006, GTL Infra became the first company in the shared telecom space to be listed on stock exchanges . The next year, the company came out with a rights issue of US$83.86 million. In 2010, the GTL Infra acquired 17,500 towers and 21000 tenants from Aircel.

2010 onwards

The telecom industry took a serious hit in 2010, when the government cancelled 122 telecom licences owing to the 2G license case. GTL Infra too suffered with the cancellation of licences as its customers reduced because of issues faced by Aircel and Maxis and subsequent cancellation of ROFR by Aircel.

In 2011, GTL Infra completed its Corporate Debt Restructuring and in 2016–17 it has completed the first phase of Strategic Debt restructuring, which has brought down the debt of the company to a sustainable Rs. 4,841 crores.

Mission

GTL Infra is contributing in making the vision of connected India a grand reality, by keeping everyone connected through our state of the art network of mobile towers, thereby enabling the vision of Digital India

Vision

Key Team

Mr. Vikas Arora (Group Head of Corp. Communication & Whole-Time Director)

Mr. Milind P. Bengali (Chief Operating Officer)

Mr. Eugene Savio Valles (VP of HR)

Mr. Rupinder Singh Ahluwalia (Pres of Bus. Devel.)

Mr. Prasanna Bidnurkar (Head of Treasury)

Recognition and Awards

GTL Infrastructure has received several awards like the ‘Best Private Equity Investor Award’ at the India Structured Finance Summit in 2015, the 'Business Excellence Award' at the India Excellence Awards in 2014 and various other accolades since its inception.