October 25, 2016 3:34 AM ET

Communications Equipment

Company Overview of Indus Towers Ltd.

Company Overview

Indus Towers Ltd. operates as a telecom tower company in India. The company provides shared telecom infrastructure services to various telecom operators in the wireless space and other wireless service providers, such as broadband service providers. Its services also include sharing of its portfolio of telecom sites with related operations and maintenance services on the sites; new build up of customized sites suiting to customer requirement of BSC sites; and coordination with other backhaul providers for customer requirement. The company was founded in 2007 and is based in Gurgaon, India.

Building No. 10

Tower-A, 4th Floor, DLF Cyber City

Gurgaon,  122 002


Founded in 2007


91 12 4429 6766


91 12 4428 9333

Key Executives for Indus Towers Ltd.

Chief Executive Officer
Chief Financial Officer
Age: 48
Chief Operating Officer
Chief of Supply Chain Management
Chief of Internal Audit
Age: 44
Compensation as of Fiscal Year 2016.

Indus Towers Ltd. Key Developments

Idea Cellular Reportedly Seeks To Sell Stake In ICISL And Indus Towers

Idea Cellular Ltd. (NSEI:IDEA) is looking to divest a 49% stake in Idea Cellular Infrastructure Services Ltd (ICISL) and its entire holding in Indus Towers Ltd. The company has mandated Bank of America Merrill Lynch (BAML) to help in bringing in a new financial investor, said multiple sources aware of the ongoing discussions. Sources add a handful of global buyout funds, sovereign wealth funds and long-only pension funds have already been sounded out. Alternatively, sources add Birla may merge ICISL into Aditya Birla Telecom Limited to create a single entity that will hold 100% of Idea’s captive towers and 16% of Indus and then dilute a 49% stake to financial sponsors in that combo.

Indus Towers Appoints Tejinder Kalra as COO

Indus Towers has appointed Tejinder Kalra as the chief operating officer. Kalra joins Indus Towers from Nokia, where he was the global head for Bharti business in his last role.

Indus Towers Seeks Acquisitions

Indus Towers Ltd. is looking for acquisition opportunities. Indus Towers is open to acquisitions in the sector. Bimal Dayal, Chief Executive Officer of Indus said, "Our current focus is towers and we're always exploring (for acquisition), anything that fits in the overall plan of reducing time for rollouts and costs (would be opportune)."

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Indus Towers Ltd., please visit www.industowers.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.