The 5-year analysis of GTL Ltd's performance infers:
We analysed the performance of GTL Ltd share prices over the last 10 years. Here is what we found out:
GTL, incorporated in 1987, is amongst the leading network services company. Being part of Global Group, the company offers a complete solution in Network Life cycle starting from planning and design to deployment, to operations and maintenance and enhancement and evolutions.
The companyâ€™s services are widely used by WiMax, CDMA, GSM, fixed line telecom carrier, OEMs and leading corporates across the world.
Presently, the company has completed various projects in over 36
Presently, the company has completed various projects in over 36 countries, has built over 45 cellular networks, installed and established over 36000 cell sites that have led to connect over 36 million subscribers.
Headquartered at Mumbai, GTL has worldwide offices spread across 36 countries located in Africa, Asia- Pacific, Middle East, North America, South Asia and Western Europe.
The company has employee strength of 5,647 professionals. GTL has received various certifications such as Six Sigma, PCMM, ISO 9000:2001 and ISO 14000 for its quality management.
The company shares business relationships with major companies like Alcatel-Lucent, Ericsson, Huawei, Motorola, Nokia-Siemens, Nortel and ZTE, among others.
In India, GTL's client list includes Aircel, Bharti, BPL, BSNL, Idea, MTNL, Railtel, Reliance, Spice, TTSL and VSNL. Globally the company caters its services to customers namely Celltel (Sri Lanka), Nokia (Sweden), Cingular (USA) , T-Mobile (USA), Waridel (Bangladesh), MTML (Mauritius), Talkpool ( Carribbean), UT Starcom and many more.
1985 â€“ 1987- GTL Tele-Systems, a private limited company was incorporated. GTL Telecom a partnership firm was formed.
1988 â€“ 1989- The company launched products such as single line push button phones, servicing of telecom products, distribution of Apple Computers and Desktop Publishing Systems. GTL commissioned a new customer services division- GTL Care
1990- GTL plans to develop pan-India distribution network and established 3 offices.
1991- The company forms its first major international tie-up with Murata, Japan. It establishes a Networking and Engineering Services division
1992- GTL goes public with an Initial Public Offer (IPO) issue of Rs 1.80 crore, which was oversubscribed by 53.17 times. The company submits an application to Department of Telecommunications (DoT) in order to facilitate data related services.
1993- GTL develops Interactive Response System, Instant Voice Access System, Message Switching and starts turnkey execution of projects for Voice and Data Networks and projects on wireless networks. The company establishes a group company, GTL Electronic Commerce Services (GECS), to provide value added services. The same year the company receives licence from DoT for data related services.
1994- GTL develops fibre optics and V-SAT networks for transmission of voice, data and multimedia communication.
1995- The company completes commissioning of the largest private nationwide data network in India covering nine cities at a cost of over Rs. 100 crores. GTL achieves turnover of Rs 200 crore. It also expands its service network to 26 locations across India.
1996- The company starts data network services such as Enhanced Fax, Electronic Messaging and E-Commerce through EDI technology (GECS)
1997- In order to start call management company in India, GTL forms joint venture with Broadsystem Multimedia, Australia.
1998- The company plans to cease its product businesses
1999- GTL received ISO 9002 certification. It also sets up an Oracle Competence centre and Nortel CISCO Labs
2000- The company develop B2B service applications â€“ GTL E-enterprise â€“ an Enterprise Resources Planning (ERP) package for small and medium enterprises. It exits from its Subscriber End Terminal Division.
2001- The company merges with group company â€“ GECS. The same year it acquires two software companies Fine Infotech (FIL) and Thermax Systems & Software (TSSL). The company sets up call centre spread across in 1,20,000 sq. ft. of area in Navi Mumbai. In order to develop Security Solutions for enterprises was starts 51% subsidiary, GTL E-Secure. The company is rechristened as 'GTLâ€. GTL ranked amongst â€˜Best 200 Small firmsâ€™ by Forbes Magazine
2002- The company strengthens its international presence with over 100 employees and 11 offices. It is being assessed at SEI-CMM Level 4 for Enterprise Solutions â€“ Software Development.
2003- The company sets up IGTL Saudi Arabia to execute the Saudi Telecom Project.
2006- GTL acquired UK Based Genesis Consultancy. Listing of GTL Infrastructure, a spin off from GTL as part of the restructuring process. Company opens office in Thailand. The company received its first project in Africa
2007- The company sold its Enterprise Networks and Managed Services business to Orange Business Services, an arm of France Telecom. GTL formed a strategic alliance with Ericsson UK, to offer Managed Network Infrastrucutre Services to customers in UK and Ireland. GTL International 100% subsidiary of GTL acquires SCS, a Network Deployment Company in USA and ADA Cellworks, a leading Network Planning and Optimization player in Asia Pacific.
2008- The company enters a strategic alliance with Vanu Inc to Conduct Shared Active Infrastructure Field Trials in India.
GTL has received Golden Peacock Global Award for Corporate Governance in 2007.
The company received Business for Social Responsibility Award from BSE and ITM.
GTL also received Amity Business Award for Social Responsibility in 2008.
Global Group has 5 operating companies, out which 2 are listed on the Indian stock exchanges. The group has operational presence in 36 countries. It has employee strength of 19246 professional from 22 nationalities. The company offers expertise in wireless communications. It offers complete life-cycle solutions under network services namely network planning and design, network deployment, network operations and maintenance, infrastructure management, energy management and professional services.
In future, GTL will focus on opportunities in Energy Management, Jointly bid with Major OEMs for Domestic and International MNS contracts and focus on targets in International markets with positive cash-flows.