DOCSLIB.ORG

Notice of Annual General Meeting

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notice of Annual General Meeting BHARTI INFRATEL LIMITED CIN: L64201HR2006PLC073821 Regd. Office: 901, Park Centra, Sector 30, NH-8, Gurugram, Haryana- 122001 Tel.: +91-124-4132600 Fax: +91-124-4109580 Email id: [email protected] Website: www.bharti-infratel.com NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 12th (Twelfth) Annual General 4. Ratification of the appointment of M/s. Deloitte Meeting (AGM) of the members of Bharti Infratel Limited (“the Haskins & Sells LLP, Chartered Accountants, Gurgaon Company”), will be held on Tuesday, July 24, 2018 at 11:00 (Registration no. 117366W/ W- 100018) as the Statutory a.m. at The Auditorium, Apparel House (near the Zest), Sector Auditors of the Company 44, Gurugram-122003, Haryana, India to transact the following business(es): “Resolved that pursuant to the provisions of Section 139, 142 and other applicable provisions, if any, of the Companies Act, 2013 and the rules made thereunder Ordinary Business(es) (including any statutory modification(s) or re-enactment thereof), and resolution passed by the members at their To consider and, if thought fit, to pass, with or without 11th Annual General Meeting held on July 22, 2017, the modification, the following resolutions as Ordinary Resolutions: appointment of M/s. Deloitte Haskins & Sells LLP, Chartered 1. To receive, consider and adopt the standalone and Accountants, Gurgaon (Registration no. 117366W/ W- consolidated financial statements of the Company for 100018), the Statutory Auditors of the Company who being the financial year ended March 31, 2018 eligible have offered themselves for ratification of their appointment, be and is hereby ratified by the members “Resolved that the audited standalone financial statements of the Company to hold the office from the conclusion of of the Company for the financial year ended March 31, 2018 this Annual General Meeting till the conclusion of the 16th as per IND- AS including reports of the Board and Auditors’ Annual General Meeting of the Company and the Board thereon and audited consolidated financial statements of of Directors of the Company on the recommendation of the Company for the financial year ended March 31, 2018 the Audit & Risk Management Committee be and is hereby as per IND-AS including report of Auditors’ thereon be and authorised to fix the remuneration payable to them for such are hereby received, considered and adopted.” appointment.” 2. Declaration of dividend on equity shares Special Business(es) “Resolved that a final dividend of H 14/- per equity share of H 10/- each fully paid up for the financial year 2017-18, as To consider and, if thought fit, to pass, the following resolutions recommended by the Board, be and is hereby approved as Ordinary Resolutions: and declared.” 5. Appointment of Anita Kapur (DIN: 07902012) as an 3. Re-appointment of Tao Yih Arthur Lang (DIN: 07798156) Independent Director as a Director liable to retire by rotation “Resolved that pursuant to the provisions of Section 149, “Resolved that Tao Yih Arthur Lang (DIN: 07798156), who 150 and 152 read with Schedule IV and other applicable retires by rotation and being eligible offers himself for re- provisions, if any, of the Companies Act, 2013 and the rules appointment, be and is hereby re-appointed as a Director made thereunder (including any statutory modification(s) of the Company liable to retire by rotation.” or re-enactment thereof), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any Employees Stock Options: statutory modification(s) or re-enactment thereof), Anita Kapur (DIN 07902012), who was appointed as an Additional Such number of options as may be granted to him under Director in the capacity of an Independent Director of the any ESOP Scheme of the Company as applicable from Company by the Board of Directors w.e.f. January 17, 2018, time to time. and who holds office till the date of the AGM in terms of The aggregate remuneration inclusive of fixed pay, variable Section 161 of the Companies Act, 2013 be and is hereby pay, perquisites, allowances and other benefits payable to appointed as a Director in the category of Independent Akhil Gupta as an Executive Chairman shall not exceed Director of the Company, and shall hold office for a period the overall ceilings laid down in Sections 2(78), 197 of five consecutive years from the date of appointment i.e. and Schedule V and other applicable provisions of the January 17, 2018 up till January 16, 2023.” Companies Act, 2013 or any other law for the time being in force, if any. 6. Re-appointment of Akhil Gupta (DIN: 00028728) as an Executive Chairman of the Company Akhil Gupta shall also be entitled to reimbursement of all “Resolved that pursuant to the provisions of Sections legitimate expense incurred by him in performance of his 196, 197, 198 and other applicable provisions of the duties and such reimbursement will not form part of his Companies Act, 2013 and the rules made thereunder remuneration. (including any statutory modification or re-enactment Minimum remuneration thereof) read with Schedule V of the Companies Act, 2013, Articles of Association (AOA), SEBI (Listing Obligations and Where in any financial year during the tenure of Akhil Gupta Disclosure Requirements) Regulations, 2015 (including any as an Executive Chairman, the Company incurs losses statutory modification(s) or re-enactment thereof), consent or its profits are inadequate, the Company shall pay him of the shareholders be and is hereby accorded for the re- the above remuneration by way of fixed pay, variable pay appointment of Akhil Gupta as an Executive Chairman, (Performance Linked Incentives), perquisites, allowances not liable to retire by rotation, of the Company for a further and other benefits payable as a minimum remuneration, period of five years w.e.f. August 1, 2018 up till July 31, subject to the approval of Central Government. 2023 on the following remuneration: Resolved further that the Board be and is hereby authorized Fixed pay (inclusive of salary, allowance and retirement to vary, alter and modify the terms and conditions of benefits) to be paid monthly: re-appointment including relating to remuneration/ remuneration structure of Akhil Gupta, the Executive Such sum as may be determined by the Board from time Chairman within the limits prescribed above. to time provided that the total fixed pay shall not exceed H 9.00 Crore per annum. Resolved further that the Board be and is hereby authorized to do all such acts, deeds and things and execute all such Variable Pay (Performance linked incentive) to be paid documents, instruments and writings as may be required annually after the end of the financial year: and to delegate all or any of its powers herein conferred to Such sum as may be determined by the Board from time to any Committee of Directors or Director(s) to give effect to time provided that the total variable pay shall not exceed the aforesaid resolution.” H 6.00 Crores per annum. 7. Approval of material related party transactions Perquisites: “Resolved that in addition to the resolution dated a) Company provided car and reimbursement of August 11, 2015 passed by the shareholders of the expenses incurred on driver, fuel and maintenance at Company and pursuant to the provisions of Regulation actual with respect to the said car. 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, approval of the members b) Leave Encashment as per the Company policy and be and is hereby accorded for the following related party rules. transactions (collectively to be considered as material) 2 Notice of Annual General Meeting hitherto entered / to be entered with Bharti Airtel Limited the DoT, subject to various registration conditions and at such price / pricing formula for such period / periods compliance with applicable laws. and on such other terms and conditions as decided / may be decided by the Board of Directors of the Company (the Resolved further that in this regard, the Board is hereby “Board”, which term shall be deemed to include its duly authorized to: constituted “Committee of Directors”) from time to time: a. negotiate, finalise, vary, amend, renew, and revise the 1. To share or provide on sale/ rent or on lease basis (i) terms and conditions of the transactions(s), including tower and other passive infrastructure including dark prices / pricing formula and tenure; fiber/ duct space etc., and / or (ii) passive infrastructure b. enter into, sign, execute, renew, modify and amend all required for active services viz. IBS, WiFi etc. and / agreements, documents, letters, undertaking thereof, or to provide services, including but not limited to, of from time to time, provided that such amendments project management or of provisioning, establishing, etc. are on arms’ length basis; installation, operation and maintenance for and in relation to any or all element(s) / material mentioned in c. do all such acts, matters, deeds and things and to (i) and / or (ii) above; settle any question, difficulty or doubt that may arise as may be necessary or desirable for the purpose of 2. To purchase or take on lease or rent tower(s), dark fiber giving effect to this resolution.” / duct space and/ or any other passive infrastructure element(s)/ material from Bharti Airtel Limited. 3. Other activities allowed under Infrastructure Provider Category – I registration from time to time, issued by Registered Office: By order of the Board of Directors Bharti Infratel Limited For Bharti Infratel Limited 901, Park Centra, Sector 30, NH-8, Gurugram, Haryana- 122001 CIN: L64201HR2006PLC073821 Samridhi Rodhe Email id: [email protected] Company Secretary Membership No. A25440 901, Park Centra, Sector 30, NH-8, Gurugram, Place: New Delhi Haryana- 122001 Date: April 23, 2018 3 Members whose e-mail ids are registered with the NOTES: Company and who wish to receive printed copy of the 1.
Load more

Recommended publications
  • Update on Equity Stake in Indus Towers
    1 September 2020 National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Phiroze Jeejeebhoy Bandra - Kurla Complex, Towers, Bandra (E), Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Dear Sirs, Sub: Update on Bharti Infratel and Indus Towers Merger Ref: Vodafone Idea Limited (the “Company”) (IDEA / 532822) Further to our communication dated 24 June 2020 in relation to the merger of Indus Towers Limited (in which the Company is holding 11.15% equity stake) with Bharti Infratel Limited (“Merger”), please find attached a press release titled “Update on Bharti Infratel and Indus Towers Merger”, being issued to media. The above is for your information and dissemination to the members. Thanking you, Yours truly, For Vodafone Idea Limited Pankaj Kapdeo Company Secretary Encl: As above Vodafone Idea Limited (formerly Idea Cellular Limited) An Aditya Birla Group and Vodafone partnership Birla Centurion, 9th to 12th Floor, Century Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai – 400 030. T: +91 95940 04000F: +91 22 2482 0093 www.vodafoneidea.com Registered Office: Suman Tower, Plot no. 18, Sector 11, Gandhinagar – 382 011, Gujarat. T +91 79 6671 4000 F +91 79 2323 2251 CIN: L32100GJ1996PLC030976 Media Release – September 01, 2020 Update on Bharti Infratel and Indus Towers Merger Vodafone Idea Limited (“VIL”), Vodafone Group Plc (“Vodafone”), Bharti Airtel Limited (“Bharti Airtel”), Indus Towers Limited (“Indus”) and Bharti Infratel Limited (“Infratel”) (collectively referred as “Parties” and individually as “Party”) have agreed to proceed with completion of the merger of Indus and Infratel. VIL has undertaken to sell its 11.15% stake in Indus for cash.
    [Show full text]
  • Ref: Bharfi Airfel Limited (532454 / BHARTIARTL) Sub: Press Release
    April 25, 2018 National Stock Exchange of India Limited Exchange Plaza, C-1 Siock G Sandra Kurla Complex, Sandra (E), Mumbai-400051 SSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-40000 1 Ref: Bharfi Airfel Limited (532454 / BHARTIARTL) Sub: Press Release Dear Sir! Madam, We are enclosing herewith a joint press release titled "Merger of Bharti Infratel and Indus Towers: creating a listed pan-India towercompany", being issued by Sharti Airtel Limited. Kindly take the same on record. Thanking you, Sincerely Yours FfJ:J::;:t: · Rohit Krishan Pur) Oy. Company Secretary Bharti Airtel Limited (a Bharti Enterprise) Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110070 T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: compliance.officer@bhartLin, www.airtel.com CIN: L74899Dl1995PlC070609 Merger of Bharti Infratel and Indus Towers: creating a listed pan-India tower company New Delhi/Mumbai, India and London, United Kingdom – April 25, 2018 Key highlights • The combination of Bharti Infratel and Indus Towers by way of merger will create a pan-India tower company, with over 163,000 towers, operating across all 22 telecom service areas in India. The combined company will be the largest tower company in the world outside China1. • The combined company, which will fully own the respective businesses of Bharti Infratel and Indus Towers, will change its name to Indus Towers Limited and will continue to be listed on the Indian Stock Exchanges. • The combination of the two companies’ highly complementary footprints will create a tower operator with the ability to offer the high quality shared passive infrastructure services needed to support the pan-India expansion of wireless broadband services using 4G/4G+/5G technologies for the benefit of Indian consumers and businesses.
    [Show full text]
  • Bharti Airtel
    COMMON STOCK AND UNCOMMON PROFITS BHARTI AIRTEL Bharti Airtel next money maker: 5G Network Success in 5G Network is a huge opportunity. Expect margins, free cash flows and ROCE to go up. In my Opinion, Buy this share for a short period of time. Bharti Airtel Limited is a leading global telecommunications company with operations in 18 countries across Asia and Africa. Headquartered in New Delhi India Bharti Airtel ranks amongst the top 3 mobile service providers globally in terms of subscribers. The company offers an integrated suite of telecom solutions to its enterprise customers in addition to providing long distance connectivity both nationally and internationally. The Company also offers Digital TV and IPTV Services. All these services are rendered under a unified brand 'airtel' either directly or through subsidiary companies. The company operates in four strategic business units namely Mobile Telemedia Enterprise and Digital TV. The mobile business offers services in India Sri Lanka and Bangladesh. The Telemedia business provides broadband IPTV and telephone services in 95 Indian cities. The Digital TV business provides Direct-to-Home TV services across India. The Enterprise business provides end-to-end telecom solutions to corporate customers and national and international long distance services to telcos. In October 1 2007 the company incorporated a new company namely Bharti Airtel Holding (Singapore) Pte Ltd in Singapore as an investment holding company of the company. In January 2008 the company transferred the passive telecom infrastructure business of the company to Bharti Infratel Ltd. During the year 2008-09 the company made their foray into media and television by redefining home entertainment with Airtel digital TV.
    [Show full text]
  • Airtel Cheat Sheet
    Airtel Cheat Sheet COMPANY OVERVIEW Bharti Airtel Limited (Bharti Airtel or "the company") is one of the leading global telecommunications companies, offering second generation (2G,) third generation (3G) and fourth generation (4G) wireless services, mobile commerce, fixed line services, high speed digital subscriber line (DSL) broadband, internet protocol television (IPTV), direct-to-home (DTH), enterprise services including national and international long distance services to carriers. The company operates in 20 countries across Asia and Africa. It is headquartered in New Delhi, India and employed approximately 14,645 people as of March 31, 2014. The company recorded revenues of INR857,461 million ($14,233.9 million) during the financial year ended March 2014 (FY2014), an increase of 11.5% over FY2013.The operating profit of the company was INR121,274 million ($2,013.1 million) in FY2014, an increase of 43.6% over FY2013. The net profit of the company was INR27,727 million ($460.3 million) in FY2014, an increase of 21.8% overFY2013. BUSINESS DESCRIPTION Bharti Airtel Limited is a provider of telecommunication services with presence in India, Sri Lanka, Bangladesh and 17 countries in the African continent. The company's network covers over 5,100 census towns and over 460,000 non - census towns and villages in India. The company offers digital TV and IPTV services in India. All of the services are offered under the Airtel brand. The company operates through seven business segments: mobile services India and South Asia, mobile services Africa, tower infrastructure services, Airtel, telemedia services, digital TV services and others. The mobile services India and South Asia segment includes voice and data telecom services provided through a global system for mobile communications (GSM) technology in the geographies of India and South Asia (SA).
    [Show full text]
  • ~ Bharti Infratel Imited
    ~ ~ Bharti Infratel imited June 29, 2019 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-l, Block G, Bandra Kurla Complex, Dalal Street, Mumbai - 400001 Bandra (E), Mumbai - 4000S1 Ref: Bharti Infratel Limited (5348161 INFRATEL) Sub: Notice of 13th (Thirteenth) Annual General Meeting Dear Sir / Madam, Pursuant to Regulation 30, 44 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 201S, we are pleased to inform you that: ~ The 13 th (Thirteenth) Annual General Meeting (AGM) ofthe Company will be held on Tuesday, July 23, 2019. Notice of the AGM along with the Integrated Report & Annual Accounts 2018- 19 is enclosed. ~ The Company is offering e-voting facility to its members in respect of business(es) to be transacted at the AGM. The facility to exercise vote at the aforesaid AGM by electronic means (remote e-voting) and voting at AGM venue on all resolutions as set out in the Notice will be provided to those members, holding shares either in physical or electronic form as on the cut-off date i.e. July 16,2019. The remote e-voting will commence on Saturday, July 20, 2019 at 9:00 A.M. and will end on Monday, July 22,2019 at S.OO P.M. (both days inclusive). Kindly take the above information on record. Thanking you, Cc: 1. Central Depository Services (India) Ltd., Marathon Futurex, A-Wing, 2S th floor, NM Joshi Marg, Lower Prael, Mumbai - 400013 2. National Securities Depository Ltd., Trade World, A-Wing, 4th floor, Kamala Mills Compound, Lower Parel, Mumbai - 400013 3.
    [Show full text]
  • Bharti Airtel Limited
    Bharti Airtel Limited March 12, 2019 Summary of rated instruments Previous Rated Current Rated Instrument Rating Action Amount(Rs. crore) Amount(Rs. crore) Commercial Paper 10,000.00 15,000.00 [ICRA]A1+; assigned/outstanding Issuer Rating NA NA Outstanding [ICRA]AA(Stable) Term Loans 4,600.00 4,600.00 Outstanding [ICRA]AA(Stable) Working Capital Limits (rated on long 2,250.00 2,250.00 Outstanding [ICRA]AA(Stable) term scale) Working Capital Limits (rated on short 250.00 250.00 Outstanding [ICRA]A1+ term scale) Rationale The ratings continue to take into account Bharti’s established market position in the telecom industry in India, its integrated telecommunications operations, its diversified presence across geographies and business verticals, economies of scale with presence in large telecom markets like India and Africa, and 39.5% effective ownership by Singapore Telecommunications Limited’s {rated A1(Stable) by Moody’s Investor Services}. ICRA also takes into consideration the steps taken by the company over the last two years to consolidate its market position and its spectrum holding, through acquisition of data centric spectrum and through mergers and acquisition. ICRA has also taken note of the company’s continued efforts to deleverage. The most recent initiative being the announcement to raise funds through rights issue of upto Rs. 25,000 crore and through perpetual bonds of upto Rs. 7,000 crore (with 100% equity credit). The company has already filed the draft letter of offer for the rights issue with Securities and Exchange Board of India (SEBI). In addition, the promoters and promoter group shareholders have undertaken to subscribe to their entitlement (67.14% of shareholding) except for a part (for Rs.
    [Show full text]
  • Railtel Corporation of India Limited (Railtel) Largest Neutral Telco Infra Provider Summary
    Company Note RailTel Corporation of India Limited (RailTel) Largest neutral telco infra provider Summary RailTel is a 100% Government of India owned enterprise under the administrative Experience in executing projects of national importance with a pipeline control of the Ministry of Railways. RailTel is conferred with Miniratna (Category – I) of projects: Successfully completed NKN and Bharat Net (formerly, the Public Sector Enterprise status. National Optical Fiber Network) and laying optical fiber cable for connectivity of gram panchayats in India. Also executing projects for Company is an information and communications technology (ICT) infrastructure public sector enterprises including the ESIC and MHRD. provider and is one of the largest neutral telecom infrastructure providers in India. As of June 30, 2020, RailTel has an access to right of way for optical fiber cable Strong track record of financial performance: RailTel revenue has grown network along 67,415 route kilometers over railway tracks and have high capacity at a CAGR of 7.5% from FY18-20. In FY20, RailTel had the highest return optical fiber cable network along 55,000 route kilometers. In addition, company on capital employed (RoCE) among key Telecom companies and key IT/ICT have optical fiber cable network along 8,852 route kilometers over land and building Companies in India, with a RoCE of 14.5%. owned by third-parties. RailTel is professionally managed with strong corporate governance and RailTel also undertake various ICT projects for the Indian Railways, central senior management team with significant industry experience government and state governments, including various train control system projects for Indian Railways.
    [Show full text]
  • July 12, 2020 BSE Limited the National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G
    July 12, 2020 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Dalal Street, Mumbai-400001 Bandra (E), Mumbai-400051 Ref: Bharti Infratel Limited (534816 / INFRATEL) Sub: Annual General Meeting (AGM) – Notice of AGM and Integrated Report for financial year ended on March 31, 2020 Dear Sir/ Madam, Further to our letter dated July 11, 2020 and pursuant to the provisions of Regulation 30, 44 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that: The 14th (Fourteenth) AGM of the Company will be held on Monday, August 3, 2020 at 03:30 p.m. (IST) through Video Conferencing/ Other Audio Visual Means, in accordance with relevant circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. Notice of the AGM along with the Integrated Report & Annual Accounts 2019-2020 is enclosed and is also being sent to all the members of the Company whose email addresses are registered with the Company or Depository Participant(s). The requirement of sending physical copy of Notice and Integrated Report to the members has been dispensed with vide the aforementioned circulars. The Company is offering e-voting facility to its members to transact the businesses set forth in the Notice. The facility to exercise vote by electronic means (i.e. remote e-voting/ e-voting at the AGM) on all resolutions as set out in the Notice will be provided to the members holding shares either in physical or electronic form as on the cut-off date i.e.
    [Show full text]
  • Reliance Jio and Bharti Infratel Join Hands in Tower Infrastructure Sharing
    MEDIA RELEASE Reliance Jio and Bharti Infratel Join Hands in Tower Infrastructure Sharing New Delhi, March 4, 2014: Reliance Jio Infocomm Limited (“Reliance Jio”), a subsidiary of Reliance Industries Limited (RIL) and the first telecom operator to hold Pan India Unified License, and Bharti Infratel, India’s leading provider of telecom tower infrastructure, today announced the signing of 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. As per the agreement, the pricing would be at ‘arm’s length,’ based on prevailing market rates. Sanjay Mashruwala, Managing Director, Reliance Jio said, “This agreement is in line with our earlier comprehensive telecom infrastructure sharing arrangement with Bharti Airtel Limited aimed at avoiding duplication of infrastructure, wherever possible, and to preserve capital and the environment. The agreement will help us with the faster roll out of our services across the country.” D S Rawat, CEO - Bharti Infratel Limited said, “We are delighted with this agreement to offer our world-class telecom infrastructure to Reliance Jio. Our vast footprint and high network uptime levels will offer significant synergies of faster access to market and lower operational costs. The agreement would also benefit our existing customers with lower rentals and energy charges as a result of additional sharing. We look forward to a long and mutually beneficial relationship with Reliance Jio.” About Bharti Infratel Limited Bharti Infratel is India’s leading provider of tower and related infrastructure and it deploys, owns and manages telecom towers and communication structures, for various mobile operators.
    [Show full text]
  • Investor Presentation November 2014
    Investor Presentation November 2014 Disclaimer By attending the meeting where this presentation is made, or by reading the presentation materials, you agree to be bound by the following limitations: The information in this presentation has been prepared by Bharti Infratel Limited (the “Company”) for use in presentations by the Company at investor meetings and does not constitute a recommendation regarding the securities of the Company. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information, or opinions contained herein. Neither the Company nor any of its advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. Neither the Company nor any of its advisors or representatives is under any obligation to update or keep current the information contained herein. The information communicated in this presentation contains certain statements that are or may be forward looking. These statements typically contain words such as "will", "expects" and "anticipates" and words of similar import. By their nature forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Any investment in securities issued by the Company will also involve certain risks. There may be additional material risks that are currently not considered to be material or of which the Company and its advisors or representatives are unaware.
    [Show full text]
  • Sunil Mittal, Founder, Chairman and Group CEO of Bharti Enterprises CC
    T O: Sunil Mittal, Founder, Chairman and Group CEO of Bharti Enterprises C C: Dr. Richard Linowes, American University FR O M: Daniel Vachoo, Sr. Strategy Consultant Date: Monday, April 25, 2011 R E: Bharti Airtel in Africa 1 E X E C U T I V E SU M M A R Y: Bharti Airtel limited is a leading global telecommunications company with operations in 19 countries across Asia and Africa. The company offers mobile voice & data services, fixed line, high speed broadband, IPTV, DTH, turnkey telecom solutions for enterprises and national & international long distance services to carriers. Bharti Airtel has 200 million customers across its operations. The company operates in four segments: Mobile Services, Telemedia Services, Enterprise Services, and Passive Infrastructure Services. With its beginnings in India, today Business Week has ranked Bharti Airtel among the six best performing technology companies in the world. With its unique business model Airtel has managed outsource its entire infrastructure and customer care back-end to IBM, Ericsson, Nokia- Siemens and Mphasis. This has significantly reduced operating costs and allowed faster roll-outs and improved margins. Airtel was also the first network provider to offer prepaid calling cards in India. ,Q$LUWHOFRPSOHWHGWKHDFTXLVLWLRQRI$IULFDQRSHUDWLRQVIURP.XZDLW¶V=DLQDQG began operating in Bangladesh and 16 African countries. This gives Airtel access toover 42.1 million customers, across the 16 countries in the African continent. The 10.5 billion dollar acquisition gives Airtel access to a new array of customers in a continent with one of the highest mobile growth rates in the world. While the India mobile market also presents tremendous opportunity, recently the market has grown highly competitive.
    [Show full text]
  • Bharti Infratel Q4FY20 Financial Results & Highlights
    Bharti Infratel Q4FY20 Financial Results & Highlights Brief Company Introduction Bharti Infratel is India’s leading provider passive telecom infrastructure and it deploys, owns and manages telecom towers and communication structures, for various mobile operators. The Company’s consolidated portfolio of over 95,000 telecom towers, which includes over 42,000 of its own towers and the balance from its 42% equity interest in Indus Towers, makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles. Bharti Infratel’s and Indus’ three largest customers are Bharti Airtel (together with Bharti Hexacom), Vodafone Idea Limited and Reliance Jio Infocomm Limited, which are leading wireless telecommunications service providers in India by revenue. Standalone Financials (In Crs) Q4FY20 Q4FY19 YoY % Q3FY20 QoQ % FY20 FY19 YoY% Sales 1719.7 1693.2 1.57% 1683.2 2.17% 6867 8049.3 -14.69% PBT 541.5 601.2 -9.93% 554.2 -2.29% 2412.2 3665.1 -34.18% PAT 406.4 389 4.47% 414.1 -1.86% 1746.6 2779 -37.15% Consolidated Financials (In Crs) Q4FY20 Q4FY19 YoY % Q3FY20 QoQ % FY20 FY19 YoY% Sales 3624.4 3600 0.68% 3673.3 -1.33% 14647 14582 0.45% PBT 866.2 1006.4 -13.93% 1068.8 -18.96% 4083.4 4102.2 -0.46% PAT 649.5 607.6 6.90% 798.7 -18.68% 3298.7 2493.8 32.28% Detailed Results: 1. Consolidated revenues grew 0.4% YoY in FY20 while consolidated profits grew 32% YoY in the same period. 2.
    [Show full text]