GTL Infrastructure Ltd
GTLI

GTL Infrastructure Ltd (GTLINFRA)

₹1.24.34%

Key Stats

₹1.15
Day's Price Range
₹1.2
₹0.8
52-Week Price Range
₹4.05
1 Month Return-20.69 %
3 Month Return-30.31 %
1 Year Return27.77 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 9
EPS
Rank 10
BVPS
Rank 11
₹-5.81
Dividend Yield
Rank 4
ROE
Rank 10
Price To Book Ratio
Rank 5
-0.2
Debt To Asset
Rank 1
1.35

Company Information

GTL Infrastructure Ltd a part of the Global Group is the pioneer in Shared Telecom Infrastructure in India. The company is engaged in the business of providing Shared User Infrastructure facilities on Build Own and Operate basis. They also offer ready to use passive infrastructure to wireless telecom operators.GTL Infrastructure Ltd was incorporated on February 4 2004 as GTL Engineering Managed Network Services Ltd. In February 1 2005 the name of the company was changed to GTL Infrastructure Ltd. The infrastructure division of the GTL Ltd was demerged and transferred to the company with effect from October 1 2005.During the year 200506 the company acquired Network Infrastructure assets of GTL Ltd comprising of Network Operating Centre and associated equipment and applications for a cash consideration of Rs 214.59 crore. In November 9 2006 GTL Infrastructure Ltd was listed on BSE and NSE and became the first company in Asia Pacific to get listed in the Shared Telecom Infrastructure space.During the year 200607 the company signed Master Services Agreement MSA with two national levels and one regional level operator for a contracts period of 1015 years. Also they bagged 421 cell sites from the Universal Service Obligation USO tender thus emerging as the No 1 player amongst third party neutral shared telecom Infrastructure companies.In November 2007 the company signed an MoU with IDFC Project Equity Company Ltd to form a special purpose vehicle that shall address the Telecom Tower Infrstructure acquisition opportunities. The company was awarded the Top Independent Infrastructure Provider Award by Voice and Data a leading Telecom publication in the year 2007. They received The Best Shared Infrastructure Provider Award by Tele.net in February 2008. Also they won the prestigious Innovative Infrastructure of the Year by CNBC TV18 for pioneering the concept of Shared Passive Telecom Infrastructure in the Indian wireless market.During the year 200910 Tower Worldwide Ltd ceased to the subsidiary of the company. In January 2010 the company entered into a definite agreement to puchase the telecom tower business of Aircel Ltd and their subsidiaries through a special purpose vehicle SPV Chennai Network Infrastructure Ltd in an all cash deal valued at an enterprices value of Rs 8400 crore. In June 2010 the Honble High Court sanctioned the transfer and vesting of Passive Infrastructure Undertaking from Aircel Ltd and their subsidiaries to Chennai Network Infrastructure Ltd which involve the transfer of 17500 telecom towers and other related components 21000 active tenants on these towers a Right of First Refusal for additional 20000 tennancies over the next three years.
OrganisationGTL Infrastructure Ltd
HeadquartersNavi Mumbai
IndustryTelecomm Equipment & Infra Services