Bharti Hexacom Limited

Price Chart

Company Overview:

• Bharti Hexacom is a communications solutions provider offering consumer mobile services, fixed-line telephone, and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
  
• Bharti Hexacom offers services under the brand ‘Airtel’. The company has a distinct strategy to premiumise the portfolio by acquiring and retaining quality customers and delivering an experience to them through our omnichannel approach and use of data science. Hexacom has a gamut of digital offerings to enhance customer engagement and differentiated customized offerings through family and converged plans under the Airtel Black proposition, which has resulted in the continuous improvement of the revenue market share during the last three Fiscals.
  
• The company is present in 486 census towns and has an aggregate of 29.1 million customers across both circles. Hexacom has the highest number of Visitor Location Register (“VLR”) customers (6.3 million) and a VLR market share of 52.0% in the North East circle and the second highest in the Rajasthan Circle with 23.2 million customers and a VLR market share of 38.3%. The customer base included 18,592 thousand data customers, of which 18,270 thousand were 4G and 5G customers, and data consumption per customer per month stood at approximately 22.8 GB during the six months ended September 30, 2023.
  
• Hexacom relies on a robust network infrastructure with a mix of owned and leased assets. As of September 30, 2023, the company had 23,748 network towers, of which we owned 5,005 towers. Also, a spectrum portfolio with a varied pool of mid-band spectrum (1800/2100/2300 MHz bands), has enabled Hexacom to offer 5G Plus services on the widely chosen non-standalone network architecture and at a low cost of ownership.
  
• The company's revenue market share for the Rajasthan circle was 40.3%, 38.8%, 39.5%, 36.7%, and 32.7%, while for the North East circle was 52.1%, 52.2%, 52.5%, 48.5% and 42.0% during the six months ended September 30, 2023 and 2022 and Fiscals 2023, 2022 and 2021, respectively. Hexacom was at the number one position in the North East circle during the six months ended September 30, 2023, and Fiscals 2023 and 2022.
  
• The company was originally incorporated in 1995 as ‘Hexacom India Limited’. In 2004, the name of our Company was changed to ‘Bharti Hexacom Limited’ when Airtel acquired a majority equity interest in our Company. Airtel owns 70% of our outstanding equity share capital. The company's registered office is at Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase - II, New Delhi DL 110070 IN.