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Bharti Infratel was incorporated in 2006 as a subsidiary of Bharti Airtel, a leading global telecommunications

company which currently has operations in 20 countries across Asia and Africa. Bharti Airtel and Bharti Infratel are
a part of the Bharti group, one of India’s leading business conglomerates, with business interests in the
telecommunications, real estate, insurance and retail sectors. In January 2008, Bharti Airtel transferred its towers
to Bharti Infratel through a scheme of arrangement effective as of January 31, 2008.
Business of the company:
The company is a provider of tower and related infrastructure. It is one of the largest tower infrastructure providers
in India, based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or
operated by Indus, that are represented by Bharti Infratel’s 42% equity interest in Indus. The business of Bharti
Infratel and Indus is to acquire, build, own and operate tower and related infrastructure. Bharti Infratel and Indus
currently provide access to their towers primarily to wireless telecommunications service providers on a shared
basis, under long-term contracts. Bharti Infratel’s and Indus’ three largest customers are Bharti Airtel
together with Bharti Hexacom, Vodafone India and Idea Cellular, which are the three leading wireless
telecommunications service providers in India by wireless revenue.
The entity has a nationwide presence with operations in all 22 telecommunications Circles in India, with Bharti
Infratel and Indus operations overlapping in four telecommunications Circles. As of September 30, 2012, Bharti
Infratel owned and operated 34,220 towers in 11 telecommunications Circles while Indus operated 110,561 towers
in 15 telecommunications Circles.
In order to capitalize on the opportunities for tower sharing in the Indian telecommunications market, Bharti Infratel,
together with Vodafone India and Idea Cellular, entered into a joint venture by setting up Indus to operate certain
of their towers in 15 telecommunications Circles in India.

In March 2014 Reliance Jio Infocomm Limited, a subsidiary of Reliance Industries Limited (RIL) and the first
telecom operator to hold Pan India Unified License, and Bharti Infratel, signed a Master Services Agreement. Under
the agreement, Reliance Jio would utilize the telecom tower infrastructure of Bharti Infratel to launch its services
across the country.

Following are the subsidiaries of the company:

 Bharti Enterprises
 Bharti Hexacom
 Bharti Telemedia
 Bharti Airtel Services
 Centum Learning

Group companies (based on Turnover):

 Celtel Zambia
 Airtel Networks
 Bharti Hexacom
 Celtel Congo (RDC) S.a.r.l. (“Celtel Congo―)
 Airtel Gabon S.A. (“Airtel Gabon―)

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