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Company Information

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BHARTI HEXACOM LTD.

04 December 2024 | 01:34

Industry >> Telecom Services

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ISIN No INE343G01021 BSE Code / NSE Code 544162 / BHARTIHEXA Book Value (Rs.) 92.77 Face Value 5.00
Bookclosure 16/08/2024 52Week High 1568 EPS 10.09 P/E 134.94
Market Cap. 68065.00 Cr. 52Week Low 755 P/BV / Div Yield (%) 14.67 / 0.29 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated under the Companies Act, 1956 as `Hexacom India Limited' and was issued a certificate of incorporation on April 20, 1995 and subsequently, a certificate for commencement of business by the Registrar of Companies, National Capital Territory of Delhi & Haryana at New Delhi on April 26, 1995. Subsequently, the name of our Company changed to `Bharti Hexacom Limited', pursuant to a special resolution passed by our shareholders at its EGM held on September 10, 2004 and a fresh certificate of incorporation was issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana at New Delhi on December 2, 2004.

Major events and milestones:
1995
-Incorporation of our Company as `Hexacom India Limited' and receipt of certificate for commencement of business from the RoC.

2004
-The name of our Company was changed to `Bharti Hexacom Limited'.

2011
-Launch of 3G services in Jaipur, which was our first launch in North India.

2015
-Launch of 4G technology in Meghalaya's capital Shillong, the first in the North East circle.

2016
-Launch of Platinum 3G services to customers in Agartala in Tripura, Itanagar in Arunachal Pradesh, Imphal and Churachandpur in Manipur.
-Launch of our first 4G service in Ajmer, which marked the rollout of Rajasthan's first 4G services followed by launch of 4G services in Kota and Jaipur.
-Launch of 15th Company-Owned-Company-Operated retail store in Rajasthan.

2016
-Launch of 2G and 3G services to mobile services in towns of Lumla, Nafra and Longding in Arunachal Pradesh, which was the first time that customers in these towns gained access to 3G mobile services.
-Our Company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages and along national highways under the USOF Scheme in Arunachal Pradesh, Manipur, Mizoram, Tripura and Nagaland.
-Received approval from DoT for the transfer of Tikona Digital Networks Private Limited 2300MHz spectrum in Rajasthan.

2019
-Coverage of 4G network extended to 297 towns, 35,674 villages and over 20 million customers across Rajasthan.
-Transfer of demerged undertakings of Tata Teleservices Limited to Bharti Airtel Limited and our Company.

2020
-Our Company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages and along national highways in Meghalaya.

2021
-Our Company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages under the USOF Scheme in Arunachal Pradesh.
-Our Company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages in aspirational districts under the USOF Scheme in Rajasthan.
-Launch of Airtel Black.

2023
-Launch of 5G services in Jaipur, Udaipur, Kota, Jodhpur, Ajmer, Alwar, Bikaner and Bhilwara in Rajasthan.
-Launch of Airtel 5G Plus services in Shillong and Meghalaya.
-Airtel customers in Itanagar can now experience fast network and enjoy speeds up to 20-30 times faster than the current 4G speeds.
-Launch of 5G services in the North-East, i.e., in Kohima in Nagaland, Itanagar in Arunachal Pradesh, Aizawl in Mizoram, Gangtok in Sikkim, Silchar, Dibrugarh and Tinsukia in Assam.
-Activation of Airtel 4G in Anini, Dibang Valley, Arunachal Pradesh.
-Crossed 1.7 million unique 5G customers on our network in the North East states of Arunachal Pradesh, Sikkim, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
-Extends 5G coverage to 50 districts of Rajasthan empowering 2.7 million customers.

2024
-Introduction of in-flight roaming plans for customers
-Launch of two next-gen stores in Agartala, Tripura