Pick of the Week: GTL Infra

BUY BUY BUY GTL INFRA

Equity : 734.29 Cr, BSE Code : 532775, CMP : 49.95


BUY GTL INFRA @ 49.95 : 50.5 TGT 55 : 55.5

GTL Infrastructure, established in 2004 and part of Global group, is the pioneer in Shared Telecom Infrastructure in India. GTL Infrastructure offers ready to use passive infrastructure to wireless telecom operators. For over two decades, Global Group has been partnering with leading telecom operators and OEM's, offerring its expertise in wireless communication. From 2G networks to 3G and 4G, from WiMAX to IPTV, Global Group provides complete life-cycle solutions of network services. These services include network planning and design, network deployment, network operations and maintenance, application management and professional services. The company is in the midst of rolling out a Pan India network of 6700 towers by 08, and is offering the infrastructure to the leading service providers in India. It is a publicly listed company, and has emerged as the largest independent tower company in India. GTL Infra is registered with the Department of Telecommunications as an Infrastructure Provider in Category I (IP-I). The Company builds, owns, operates and maintains passive network infrastructure on a shared basis in order to cater to the rapidly growing infrastructure needs of cellular telecom operators.

GTL Infra�s model of infrastructure sharing is through building, owning, operating and maintaining the shared resources for multiple service providers. Under the Build-Own-Operate model GTL Infra would be rolling out the entire passive infrastructure required in the needed territories and also operate and maintain the same based on the Service Level Agreements (SLAs) entered into with the operators. As GTL owns the passive assets, it frees up the operators capital. Gtl Infra plans to give the operators, a 'ready to move in' telecom equipment housing facility, in the form of base station sites and network management /monitoring facilities, with operator paying a monthly/quarterly fee to them for utilizing the facility. Although GTL Infra is a new entity, they are backed by strong expertise, experience, capital base and intimate understanding of the Indian market place. GIL is well placed to play a crucial role in implementing the concept of shared infrastructure in the Indian marketplace. They possess extensive skills in designing and implementing telecom networks. Its status as a preferred partner with leading OEM's, gives them an added advantage in securing stronger customer alliances, and in garnering leadership status. Sales for year ended 06 � 07 were 124.6Cr. Sales for latest Quarter 42.2Cr� Based on quarter latest NP increased by 9%