Tuesday, September 27, 2011

GTL Infrastructure Ltd.............Buy for long term CMP 12.00

GTL Infrastructure Limited (GTL Infra), a Global Group enterprise, is in the business of Shared Passive Telecom Infrastructure in India. The company has a portfolio of over 32,500 towers located across India that will help bringing in connectivity at affordable prices to the poorest of poor, creating a positive impact on Indian economy. GTL Infra has a portfolio of towers serving all the major cellular operators and is associated with prestigious projects being promoted by DoT and COAI such as USO (Universal Services Obligation Fund) for rural telecom infrastructure and MOST (Mobile Operator Shared Tower). Their business model of infrastructure sharing is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. The model enables the operator to convert their capital expenditure to a fixed and predictable operational expenditure allowing them to divert precious capital towards core activities.

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