Source : ghc Press Release : Global Holding Corporation Pvt. Ltd
Global Holding Corporation Pvt. Ltd
Qualcomm Announces Collaboration with Global Holding Corporation and Tulip Telecom in new India LTE Venture
— Venture to Facilitate Accelerated Deployment of LTE in India, Complementing 3G HSPA and EV-DO Networks —
NEW DELHI AND SAN DIEGO — July 30, 2010 — Qualcomm Incorporated (NASDAQ: QCOM), the winner of Broadband Wireless Access (BWA) spectrum in four telecom circles in India, today announced Global Holding Corporation Pvt. Ltd. and Tulip Telecom Ltd. as initial shareholders for its India LTE venture. Subject to receipt of government approvals, Qualcomm will have a 74 percent stake in the venture, while Global Holding Corporation and Tulip Telecom will hold 13 percent each, as required by applicable Indian Foreign Direct Investment regulations.
Qualcomm will have the benefit of the proven expertise of its initial shareholders to enable best-in-class mobile broadband for India. Global Holding Corporation is the holding company of the Global Group, which is a market leader in providing network services to India’s mobile operators and owns India’s largest independent and neutral telecom tower infrastructure. Tulip Telecom is India’s largest enterprise data connectivity service provider and has significant experience in creating and managing large networks across industry verticals, such as telecom, banking, financial services and insurance (BFSI), retail, education, health care and government.
“Our objective was to secure initial shareholders who are operator-neutral, yet bring strong telecom and broadband experience, and we are extremely pleased we met that objective with Global Holding Corporation and Tulip Telecom,” said Kanwalinder Singh, president of Qualcomm India and South Asia and senior vice president of Qualcomm. “With our initial shareholders, and operators we intend to induct into the venture in the future, Qualcomm will facilitate accelerated deployment of LTE in concert with 3G HSPA and EV-DO networks, which protects and enhances the significant investment made by Indian operators in securing 3G and BWA spectrum.”
“We are delighted to collaborate with Qualcomm, a world leader in wireless technologies, to enhance the broadband penetration in India by making mobile broadband a mainstream phenomenon,” said Manoj Tirodkar, founder of the Global Group. “Global Group brings extensive experience and strategic advantage in the network services and telecom tower infrastructure space.”
“Tulip is extremely pleased to collaborate with a global technology leader like Qualcomm in this venture,” said Lt. Col. (Retd.) H.S. Bedi, chairman and managing director of Tulip Telecom Limited. “As one of the largest enterprise data service providers in the country, Tulip Telecom considers this as an opportunity to play a significant role in addressing the demand for high-bandwidth mobile broadband services in some of the highest density telecom circles in India.”
In the recently concluded BWA auction, Qualcomm won one slot of 20 MHz TDD spectrum in the 2.3 GHz band covering the key telecom circles of Delhi, Mumbai, Haryana and Kerala. Qualcomm’s objective is to facilitate the deployment of LTE, which is best suited to address the demand for high bandwidth mobile broadband services in the 2.3 GHz band, and seamlessly interworks with current and upcoming 3G HSPA and EV-DO networks. Qualcomm will continue to play a central role in fostering the LTE ecosystem with a focus on enabling the creation of 3G/LTE multimode devices and services best suited for India.
Qualcomm had previously stated its plan to secure initial Indian shareholders in compliance with applicable Indian Foreign Direct Investment regulations. Having done so, in addition to securing government approvals, the venture will work towards demonstration and commercialization of LTE. Qualcomm expects to attract one or more experienced 3G HSPA and/or EV-DO operator(s) into the venture for construction of an LTE network in compliance with the Indian government’s roll-out requirements for the BWA spectrum and then to exit the venture. Barclays Capital is acting as exclusive financial advisor to Qualcomm on India LTE venture partner selection process.
About Global Holding Corporation
Global Holding Corporation Pvt. Ltd. is the holding company of “Global Group” that has 7 operating companies. Global Group is India's leading business group focused on Network Services and Shared Telecom Infrastructure. Global Group is expected to have revenues in excess of US$ 1.5 Billion, Balance sheet size of over US$ 5 Billion, own 32,500 Telecom Towers, and more than 35,000 professionals (FY 2011E). The Group has Operations across 46 countries, employs people of 22 nationalities and supports 18 social causes. Global Group Enterprises have received more than 35 accolades and awards for excellence in Business, CSR and Corporate Governance. For more information, visit: www.globalgroupenterprise.com
About Tulip Telecom
Tulip Telecom Ltd. (BSE: 532691/NSE: TULIP) is India’s leading enterprise communications service provider. The Company’s data network has the largest reach of over 1,700 locations in India. The Company has a national presence with over 2,800 employees and more than 1,600 customers across India. Tulip designs, implements and manages communication networks of large enterprises on long-term contracts to include enterprise communications connectivity, network integration, managed and value added services.
About Qualcomm Incorporated
Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in next-generation mobile technologies. For 25 years, Qualcomm ideas and inventions have driven the evolution of wireless communications, connecting people more closely to information, entertainment and each other. Today, Qualcomm technologies are powering the convergence of mobile communications and consumer electronics, making wireless devices and services more personal,
affordable and accessible to people everywhere. For more information, visit Qualcomm around the Web:
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company’s ability to successfully accelerate India’s mobile broadband growth through the deployment of LTE in India, the speed by which and the extent the LTE ecosystem develops, the Company’s ability to successfully design and have manufactured significant quantities of 3G/LTE multi-mode chipsets on a timely and profitable basis, the Company’s ability to obtain approval under the applicable Indian Foreign Direct Investment regulations and successfully complete the engagement of its Indian partners, the venture’s ability to timely and successfully develop, finance, and execute its strategy, the venture’s ability to timely satisfy the Indian Government’s rollout requirements, the Company’s ability to exit the venture on a timely basis on satisfactory terms and conditions, and changes in economic and competitive conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company’s SEC reports, including the report on Form 10-K for the year ended September 27, 2009, and most recent Form 10-Q. The Company undertakes no obligation to update, or continue to provide information with respect to, any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.
Global Holding Corporation Pvt. Ltd
www.ghc.in
FaceBook: Global Group
Twitter: http://twitter.com/GlobalGroup
www.qualcomm.com
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Facebook: www.facebook.com/Qualcomm
Telecom Infrastructure Blogs and latest news is first & only BLOG site in India, dedicated to telecom infrastructure industry. Visit Telecominfra web portal telecominfra.wordpress.com
Friday, July 30, 2010
Thursday, July 29, 2010
Tuesday, July 27, 2010
GTL registers a Revenue growth of 26% on Y-o-Y basis
Highlights for the quarter ended June 30, 2010
• Consolidated Revenue from Global Operations was ` 616.98 Crore for the quarter
ended June 30, 2010 as against ` 490.71 Crore for the corresponding quarter in the
previous year, recording a Y-o-Y growth of 26%.
• EBITDA for the quarter ended June 30, 2010 was ` 97.14 Crore as against ` 75.81
Crore for the corresponding quarter in the previous year, recording a Y-o-Y growth of
28%.
Mumbai, July 27, 2010
GTL Limited today announced the un-audited results of the Company (including its
international subsidiaries on consolidated basis) for the quarter ended June 30, 2010. GTL is
India’s largest Network Services provider and has a vision to become the world’s largest
Network Services provider.
The gross profit for the quarter ended June 30, 2010 was ` 149.81 Crore (24.28% of
revenue) as against ` 123.85 Crore (25.24% of revenue) during the corresponding quarter in
the previous year.
The Selling & Marketing Expenses increased to ` 16.67 Crore (2.70% of revenue) in the
current quarter from ` 13.43 Crore (2.74% of revenue) in the corresponding quarter for theprevious year. Administration Expenses were ` 36.00 Crore (5.84% of revenue) in the current
quarter as against ` 34.61 Crore (7.05% of revenue) in the corresponding quarter for the
previous year.
Depreciation charged for the quarter stood at ` 17.73 Crore as against ` 13.98 Crore in the
corresponding quarter of last financial year.
The Net profit of the Company has reduced from ` 53.26 Crore to ` 37.49 Crore mainly due to
exchange loss of ` 2.41 Crore as against an exchange gain of ` 19.72 Crore reported in the
corresponding quarter in the previous year.
Manpower at GTL
The total manpower of the Company stood at 7,064 as on June 30, 2010, as against 5,942 as
on June 30, 2009.
Award won during the quarter
GTL has won the “International Asia Pacific – World Class Award” in large service category.
This award is given to companies displaying world class quality performance. The award
follows the U.S. Malcolm Baldrige Performance Excellence Model.
About GTL Limited
GTL, a Global Group Enterprise, is a leading Network Services company, offering services and
solutions to address the Network Life Cycle requirements of Telecom Carriers and Technology
providers (OEMs).
Global Group is India’s leading business group involved in Network Services and Telecom
Tower Infrastructure. Global Holding Corporation Pvt. Ltd. is the holding company of “Global
Group” that has 7 operating companies, two of which, GTL and GTL Infra, are listed on Indian
Stock Exchanges.
The Group, owns 32,500 Telecom Towers, is expected to have revenues in excess of US$ 1.5
Billion, Balance sheet size of over US$ 5 Billion and more than 35,000 professionals (FY2011E). The Group has Operations across 46 countries, employs people of 22 nationalities
and supports 18 social causes.
For over 2 decades Global Group has been partnering with leading telecom operators and
OEMs offering its expertise in wireless communications. From 2G Networks to 3G, from
WiMAX to IPTV, Global group provides complete life-cycle solutions around Network Services.
The services include Network Planning and Design, Network Deployment, Network Operations
and Maintenance, Infrastructure Management, Energy Management and Professional services.
Global Group Enterprises have received more than 35 accolades and awards for excellence in
Business, CSR and Corporate Governance. The group’s flagship company GTL features in the
in the S&P’s ESG India Index, is the recipient of “Outstanding Achievement” trophy from IMC
RBNQA, "Certificate for strong Commitment” from CII-ITC for Sustainable Development and
“Greentech Environment Excellence” Award. GTL Infra has won “Best Independent
Infrastructure Provider” from Tele.Net, “Innovative Infrastructure Company of the year” by
CNBC TV18 and “Top Independent Infrastructure Provider of India” by V&D. Global Towers
has been awarded the “Best in class Innovation in Manufacturing Award” at International
India Innovation summit, 2010. The Group offers excellent working conditions and provides
social benefits like free Medical Care and Insurance for the employees’ families.
By 2013, the Group plans to Erect, Engineer and Manage 100,000 Cell Sites across 150
Networks. These Networks are expected to connect more than 100 million subscribers in 50
countries across the world.
• Consolidated Revenue from Global Operations was ` 616.98 Crore for the quarter
ended June 30, 2010 as against ` 490.71 Crore for the corresponding quarter in the
previous year, recording a Y-o-Y growth of 26%.
• EBITDA for the quarter ended June 30, 2010 was ` 97.14 Crore as against ` 75.81
Crore for the corresponding quarter in the previous year, recording a Y-o-Y growth of
28%.
Mumbai, July 27, 2010
GTL Limited today announced the un-audited results of the Company (including its
international subsidiaries on consolidated basis) for the quarter ended June 30, 2010. GTL is
India’s largest Network Services provider and has a vision to become the world’s largest
Network Services provider.
The gross profit for the quarter ended June 30, 2010 was ` 149.81 Crore (24.28% of
revenue) as against ` 123.85 Crore (25.24% of revenue) during the corresponding quarter in
the previous year.
The Selling & Marketing Expenses increased to ` 16.67 Crore (2.70% of revenue) in the
current quarter from ` 13.43 Crore (2.74% of revenue) in the corresponding quarter for theprevious year. Administration Expenses were ` 36.00 Crore (5.84% of revenue) in the current
quarter as against ` 34.61 Crore (7.05% of revenue) in the corresponding quarter for the
previous year.
Depreciation charged for the quarter stood at ` 17.73 Crore as against ` 13.98 Crore in the
corresponding quarter of last financial year.
The Net profit of the Company has reduced from ` 53.26 Crore to ` 37.49 Crore mainly due to
exchange loss of ` 2.41 Crore as against an exchange gain of ` 19.72 Crore reported in the
corresponding quarter in the previous year.
Manpower at GTL
The total manpower of the Company stood at 7,064 as on June 30, 2010, as against 5,942 as
on June 30, 2009.
Award won during the quarter
GTL has won the “International Asia Pacific – World Class Award” in large service category.
This award is given to companies displaying world class quality performance. The award
follows the U.S. Malcolm Baldrige Performance Excellence Model.
About GTL Limited
GTL, a Global Group Enterprise, is a leading Network Services company, offering services and
solutions to address the Network Life Cycle requirements of Telecom Carriers and Technology
providers (OEMs).
Global Group is India’s leading business group involved in Network Services and Telecom
Tower Infrastructure. Global Holding Corporation Pvt. Ltd. is the holding company of “Global
Group” that has 7 operating companies, two of which, GTL and GTL Infra, are listed on Indian
Stock Exchanges.
The Group, owns 32,500 Telecom Towers, is expected to have revenues in excess of US$ 1.5
Billion, Balance sheet size of over US$ 5 Billion and more than 35,000 professionals (FY2011E). The Group has Operations across 46 countries, employs people of 22 nationalities
and supports 18 social causes.
For over 2 decades Global Group has been partnering with leading telecom operators and
OEMs offering its expertise in wireless communications. From 2G Networks to 3G, from
WiMAX to IPTV, Global group provides complete life-cycle solutions around Network Services.
The services include Network Planning and Design, Network Deployment, Network Operations
and Maintenance, Infrastructure Management, Energy Management and Professional services.
Global Group Enterprises have received more than 35 accolades and awards for excellence in
Business, CSR and Corporate Governance. The group’s flagship company GTL features in the
in the S&P’s ESG India Index, is the recipient of “Outstanding Achievement” trophy from IMC
RBNQA, "Certificate for strong Commitment” from CII-ITC for Sustainable Development and
“Greentech Environment Excellence” Award. GTL Infra has won “Best Independent
Infrastructure Provider” from Tele.Net, “Innovative Infrastructure Company of the year” by
CNBC TV18 and “Top Independent Infrastructure Provider of India” by V&D. Global Towers
has been awarded the “Best in class Innovation in Manufacturing Award” at International
India Innovation summit, 2010. The Group offers excellent working conditions and provides
social benefits like free Medical Care and Insurance for the employees’ families.
By 2013, the Group plans to Erect, Engineer and Manage 100,000 Cell Sites across 150
Networks. These Networks are expected to connect more than 100 million subscribers in 50
countries across the world.
Monday, July 26, 2010
GTL Rcom Deal - Interview of Manoj Tirodkar
GTL Infrastructure is making waves in the telecommunication tower market for the second time in the year
GTL Infrastructure is making waves in the telecommunication tower market for the second time in the year. After closing the largest acquisition in
the sector globally with Aircel in January, the company is now mulling a merger with Reliance Infratel, that will be divested from Reliance Communications, which currently holds 95%. GTL Infra chairman Manoj Tirodkar told ET, the combined entity will generate Rs 6,000 crore from 85,000 towers with operating margin of up to 75% in its first year of operations, in an interview with ET. Excerpts:
After the Aircel deal, what’s the need for a deal with Reliance Communications (RCOM)?
It will take us five to seven years to reach this scale without RCom. But we needed to get this scale as of yesterday. The BWA (broadband wireless access) spectrum will be released in 10 days, and 3G in the next four to five months. The outcome of the bidding in these technologies present apparition of more players. Plus, with all wireless technology, whether it is telecom, or FM radio or mobile TV, everyone will require towers spurring demand. Each of the subscribers, particularly someone like Reliance Industries and Qualcomm, which recently made a foray, will need a footprint of 1,00,000 towers. With this, we should at least be able to fulfil 80% of client requirements if not more.
Will there be a high degree of overlap in the Aircel and RCom portfolio?
There is very little duplication in the footprint. This makes the fit very synergistic. Aircel for instance was very strong in the South, but it didn’t have as much strength in Mumbai. As a result we can use the RCOM towers for additional requirements of Aircel and vice versa. If GTL were to build 20,000 towers for Aircel, that would mean a capital expenditure of Rs 6,000 crore, which we can now save. The overlap will be between 12-15%, but not all of it will be redundant, because in some sites we may require more slots than can be housed in one tower. That said, we are prepared to relocate or reduce excess infrastructure, but we will be able to reuse most of it in what we are building.
What will the deal valuation be?
It is too premature to say. At the moment, we have both agreed to a 60-day exclusive talking period, where the two parties will discuss finer details. Valuation will be done by an independent party as well as banks, before we can decide exactly who gets what. What has brought us both on the table is a meeting of minds.
We (Mr Tirodkar and Anil Dhirubhai Ambani ) share the vision of creating a large independent tower operator, that can not only facilitate sharing of passive infrastructure — like towers — but also active infrastructure — radio equipment — between operators present at a site. We have spoken to several other players for similar deals, but the operators wanted control in them. Here (with RCOM), the operator will hold no stake in the merged entity. This is likely to reflect in all aspects of the deal, share holding or management. Tomorrow if we have one or two large clients, who ask for some change in leadership, I myself will be willing to step down as long as we maintain neutrality.
What will be the basis for valuation?
The value for a tower operator lies in the tenant. So that is the key. In the Aircel deal for instance, we paid Rs 35 lakh per tenant, and Rs 5 lakh for the first right to build, or provide, the next tower requirement. In Aircel’s case we have first right of refusal for the first 20,000 towers the company will build in addition to the 17,500 it sold to us. For RCom the number can be much higher given 3G plans.
How will you fund the transaction?
It will take co-operation from both sides. That’s why this transaction is different from a simple acquisition. The cash amount needed is already underwritten by Standard Chartered Bank and SBI Caps. We will be able to close the deal without any investor, but there are several private equity investors who have been talking to us since the Aircel deal. We will weigh our options.
GTL Infrastructure is making waves in the telecommunication tower market for the second time in the year. After closing the largest acquisition in
the sector globally with Aircel in January, the company is now mulling a merger with Reliance Infratel, that will be divested from Reliance Communications, which currently holds 95%. GTL Infra chairman Manoj Tirodkar told ET, the combined entity will generate Rs 6,000 crore from 85,000 towers with operating margin of up to 75% in its first year of operations, in an interview with ET. Excerpts:
After the Aircel deal, what’s the need for a deal with Reliance Communications (RCOM)?
It will take us five to seven years to reach this scale without RCom. But we needed to get this scale as of yesterday. The BWA (broadband wireless access) spectrum will be released in 10 days, and 3G in the next four to five months. The outcome of the bidding in these technologies present apparition of more players. Plus, with all wireless technology, whether it is telecom, or FM radio or mobile TV, everyone will require towers spurring demand. Each of the subscribers, particularly someone like Reliance Industries and Qualcomm, which recently made a foray, will need a footprint of 1,00,000 towers. With this, we should at least be able to fulfil 80% of client requirements if not more.
Will there be a high degree of overlap in the Aircel and RCom portfolio?
There is very little duplication in the footprint. This makes the fit very synergistic. Aircel for instance was very strong in the South, but it didn’t have as much strength in Mumbai. As a result we can use the RCOM towers for additional requirements of Aircel and vice versa. If GTL were to build 20,000 towers for Aircel, that would mean a capital expenditure of Rs 6,000 crore, which we can now save. The overlap will be between 12-15%, but not all of it will be redundant, because in some sites we may require more slots than can be housed in one tower. That said, we are prepared to relocate or reduce excess infrastructure, but we will be able to reuse most of it in what we are building.
What will the deal valuation be?
It is too premature to say. At the moment, we have both agreed to a 60-day exclusive talking period, where the two parties will discuss finer details. Valuation will be done by an independent party as well as banks, before we can decide exactly who gets what. What has brought us both on the table is a meeting of minds.
We (Mr Tirodkar and Anil Dhirubhai Ambani ) share the vision of creating a large independent tower operator, that can not only facilitate sharing of passive infrastructure — like towers — but also active infrastructure — radio equipment — between operators present at a site. We have spoken to several other players for similar deals, but the operators wanted control in them. Here (with RCOM), the operator will hold no stake in the merged entity. This is likely to reflect in all aspects of the deal, share holding or management. Tomorrow if we have one or two large clients, who ask for some change in leadership, I myself will be willing to step down as long as we maintain neutrality.
What will be the basis for valuation?
The value for a tower operator lies in the tenant. So that is the key. In the Aircel deal for instance, we paid Rs 35 lakh per tenant, and Rs 5 lakh for the first right to build, or provide, the next tower requirement. In Aircel’s case we have first right of refusal for the first 20,000 towers the company will build in addition to the 17,500 it sold to us. For RCom the number can be much higher given 3G plans.
How will you fund the transaction?
It will take co-operation from both sides. That’s why this transaction is different from a simple acquisition. The cash amount needed is already underwritten by Standard Chartered Bank and SBI Caps. We will be able to close the deal without any investor, but there are several private equity investors who have been talking to us since the Aircel deal. We will weigh our options.
Wednesday, July 21, 2010
GTL Infra completes Aircel deal
GTL Infrastructure Limited (GTL Infra), India’s largest independent tower company, today completed the purchase of telecom towers of Aircel Limited and its subsidiaries in an all cash deal.
With this deal, GTL gets 17,500 telecom towers of Aircel. There are 21,000 active tenants on these towers. Enterprise value of the deal is Rs. 8,026 Crore.
There is also a commitment (backed by Bank Guarantee) of additional 20,000 tenancies to GTL Infra over next three years from Aircel Limited and its subsidiaries.
This transaction has made GTL Infra the World’s largest neutral and independent tower company with a portfolio of around 32,500 towers across all 23 telecom circles.
This transaction has also enabled GTL Infra to achieve a sizeable tower portfolio in high Average Revenue Per User (ARPU) generating Metros and Class A cities, which would help in attracting new 2G/3G/Broadband Wireless Access (BWA) operators.
Aircel has won 3G & BWA spectrum in 13 & 8 circles respectively. Since GTL Infra has a sizable tower portfolio in all these respective circles, it can cater to 3G and BWA requirements of Aircel in an effective manner.
GTL Infra has acquired these assets through its subsidiary, Chennai Network Infrastructure Ltd. (CNIL). This transaction shall result into a immediate annual recurring revenue for CNIL/GTL Infra of Rs. 720 Crore for next 15 years with 3% escalation per annum.
Furthermore, on successful completion/execution of additional commitment of 20,000 tenancies from Aircel, GTL Infra may receive additional recurring revenue of Rs. 600-650 Crore p.a. Thus, the aggregate annual recurring revenue is likely to go up to Rs. 1,350- 1,400 Crore from this transaction alone.
With this deal, GTL gets 17,500 telecom towers of Aircel. There are 21,000 active tenants on these towers. Enterprise value of the deal is Rs. 8,026 Crore.
There is also a commitment (backed by Bank Guarantee) of additional 20,000 tenancies to GTL Infra over next three years from Aircel Limited and its subsidiaries.
This transaction has made GTL Infra the World’s largest neutral and independent tower company with a portfolio of around 32,500 towers across all 23 telecom circles.
This transaction has also enabled GTL Infra to achieve a sizeable tower portfolio in high Average Revenue Per User (ARPU) generating Metros and Class A cities, which would help in attracting new 2G/3G/Broadband Wireless Access (BWA) operators.
Aircel has won 3G & BWA spectrum in 13 & 8 circles respectively. Since GTL Infra has a sizable tower portfolio in all these respective circles, it can cater to 3G and BWA requirements of Aircel in an effective manner.
GTL Infra has acquired these assets through its subsidiary, Chennai Network Infrastructure Ltd. (CNIL). This transaction shall result into a immediate annual recurring revenue for CNIL/GTL Infra of Rs. 720 Crore for next 15 years with 3% escalation per annum.
Furthermore, on successful completion/execution of additional commitment of 20,000 tenancies from Aircel, GTL Infra may receive additional recurring revenue of Rs. 600-650 Crore p.a. Thus, the aggregate annual recurring revenue is likely to go up to Rs. 1,350- 1,400 Crore from this transaction alone.
RCom’s Reliance Infratel sells stake to GTL’s telecom tower arm
Reliance Communications (RCom) subsidiary Reliance Infratel (RINFRATEL’)and GTL Infrastructure Ltd. (GTL INFRA) approved a Rs.50,000 crore or $ 11 billion deal towards selling entire stake to GTL subsidiary, GTL Infrastructure Ltd. The deal is expected to be closed within 6 months time.
Post deal GTL Infra will emerge as the world’s largest independent telecom infrastructure company and India’s second largest telecom infrastructure firm after Indus Towers.
The deal will be implemented through a demerger of RINFRATEL’s tower assets into GTL INFRA.
However Reliance Communications will retain ownership of the optical fibre network.
The deal will result in cash infusion to RCOM, leading to substantial reduction of its consolidated gross debt and improved leverage ratios, contributing to enhanced financial flexibility.
The proposal will lead to substantial unlocking of value, through:
Recently Reliance Communications’ board
Post deal GTL Infra will emerge as the world’s largest independent telecom infrastructure company and India’s second largest telecom infrastructure firm after Indus Towers.
The deal will be implemented through a demerger of RINFRATEL’s tower assets into GTL INFRA.
However Reliance Communications will retain ownership of the optical fibre network.
The deal will result in cash infusion to RCOM, leading to substantial reduction of its consolidated gross debt and improved leverage ratios, contributing to enhanced financial flexibility.
The proposal will lead to substantial unlocking of value, through:
Recently Reliance Communications’ board
Tuesday, July 20, 2010
About Manoj G Tirodkar
Manoj G Tirodkar is the chairman and MD of GTL, a leading Network Services company. With its business spread over 25 countries, having enabled over 35 cellular networks, 14,000 cell sites, 14 mn subscribers, 450 corporate networks and over 43,000 BPO seats, GTL is one of the India's biggest network services provider to the world.
GHC (formerly GECS Holdings) is a holding company consolidating all shareholdings of the promoter in GTL Group by providing a single and transparent holding structure. He was one of the first people who predicted e-commerce's popularity in the country and formed the first e-commerce company in India in 1992. He pioneered in offering third party BPO services in India in the year 1998 and was the first to set up payment gateway services in India in the year 2000.
Manoj G Tirodkar
GHC (formerly GECS Holdings) is a holding company consolidating all shareholdings of the promoter in GTL Group by providing a single and transparent holding structure. He was one of the first people who predicted e-commerce's popularity in the country and formed the first e-commerce company in India in 1992. He pioneered in offering third party BPO services in India in the year 1998 and was the first to set up payment gateway services in India in the year 2000.
Manoj G Tirodkar
Sunday, July 18, 2010
Wireline technologies
GTL has expertise in a wide range of Wireline technologies namely TDM and Packet Switching, SDH and DWDM. Higher Order Cross Connect, Metro Ethernet, Multi Services Access Devices, Fiber Monitoring systems and many more.
For these technologies and Products, GTL offers services for Installation, Commissioning, Integration, Operation and Maintenance. The customer base for GTL under these service offerings include all leading and upcoming OEMs as well as Telecom Carriers across different geographies
GTL has relationships and deployment experience of leading technology vendors like Nortel, Alcatel-Lucent, NEC, Terawave communications, UT Starcom, Ascom to name a few. We have executed projects in varying complexity across geographies. We have expertise in various phases of the network roll out right from the planning stage to the operations and maintenance.
Benefits :
Extensive Deployment experience covering the Core, Access and Broadband networks
Expertise in delivering SLA based operation and maintenance services
Cost effective and quick roll outs
For these technologies and Products, GTL offers services for Installation, Commissioning, Integration, Operation and Maintenance. The customer base for GTL under these service offerings include all leading and upcoming OEMs as well as Telecom Carriers across different geographies
GTL has relationships and deployment experience of leading technology vendors like Nortel, Alcatel-Lucent, NEC, Terawave communications, UT Starcom, Ascom to name a few. We have executed projects in varying complexity across geographies. We have expertise in various phases of the network roll out right from the planning stage to the operations and maintenance.
Benefits :
Extensive Deployment experience covering the Core, Access and Broadband networks
Expertise in delivering SLA based operation and maintenance services
Cost effective and quick roll outs
Telecom Infrastructure
GTL has a rich experience in delivering Network Services in the wireless domain, having rolled out close to 70 cellular networks across 2G and 3G technologies.
We closely monitor the technology changes and future trends that are happening in the wireless space, and align our skill sets to the needs of our customers. By stepping into the shoes of our customers and understanding the challenges they face, we place Telecom Carriers and OEM’s at the very core of our service offerings to help lower our customers' operation costs while improving their business efficiency and competitiveness.
GTL has worked with leading technology vendors on platforms related to GSM - 2/2.5/3G, CDMA, WCDMA and Broadband Wireless Access. Whether it’s a Core Network, a Radio Access Network, or a Broadband network, we have executed projects in varying complexity across geographies. We have expertise in various phases of the network roll out right from the planning stage to the operations and maintenance.
Benefits :
Access to extensive deployment experience in a wide range of technologies
Shorter time to market
Seamless migration performed by trained and experienced engineering professionals
Cost effective deployment services
We closely monitor the technology changes and future trends that are happening in the wireless space, and align our skill sets to the needs of our customers. By stepping into the shoes of our customers and understanding the challenges they face, we place Telecom Carriers and OEM’s at the very core of our service offerings to help lower our customers' operation costs while improving their business efficiency and competitiveness.
GTL has worked with leading technology vendors on platforms related to GSM - 2/2.5/3G, CDMA, WCDMA and Broadband Wireless Access. Whether it’s a Core Network, a Radio Access Network, or a Broadband network, we have executed projects in varying complexity across geographies. We have expertise in various phases of the network roll out right from the planning stage to the operations and maintenance.
Benefits :
Access to extensive deployment experience in a wide range of technologies
Shorter time to market
Seamless migration performed by trained and experienced engineering professionals
Cost effective deployment services
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