Bharti Infratel, a leading provider of passive telecom infrastructure in India, will be included in the FTSE Global Equity Indices starting January 07, 2013. This follows the company’s successful Initial Public Offering (IPO) of 188,900,000 equity shares and its listing on the National Stock Exchange (NSE) and Bombay Stock Exchange in India (BSE). The company will be added to FTSE All-World Index (Large Cap) with a investability weighting of 9% and will also be added to FTSE All-Emerging Index.
FTSE’s flagship global benchmark, the FTSE All-World, is used by investors worldwide to structure and benchmark their international equity portfolios. The FTSE global equity universe covers over 7,400 securities in 47 different countries and captures 98% of the world’s investable market capitalization.
Bharti Infratel is a provider of tower and related infrastructure. It is one of the largest tower infrastructure providers in India, based on the number of towers that Bharti Infratel owns and operates and the number of towers owned or operated by Indus, that are represented by Bharti Infratel’s 42% equity interest in Indus.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1846.55 |
| Vodafone Idea | 9.62 |
| Indus Towers | 412.35 |
| Tata Communications | 1521.05 |
| Bharti Hexacom Ltd. | 1538.30 |
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