
What smart money is saying about Indus Towers Limited
1 fund in our archive has pitched Indus Towers Limited — most recently Baron India Fund in March 2026.
Indus Towers Limited specializes in the creation, ongoing operation, and maintenance of infrastructure critical for wireless communication networks. The firm provides vital infrastructure services to various telecommunications companies and other entities delivering wireless connectivity. As of the close of the financial year on March 31, 2022, its assets included approximately 185,447 towers and 335,791 co-located sites, spanning 22 distinct telecommunication circles within India. The company, which commenced operations in 2006, was previously identified as Bharti Infratel Limited until its rebranding to Indus Towers Limited in December 2020. Its corporate headquarters are located in Gurugram, India.
Position history
Between Q1 2026 and Q2 2026, 1 fund letter reported a position in Indus Towers Limited — 1 trimmed or exited.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 0 | 1 | 0 |
| Q1 2026 | 0 | 0 | 0 | 1 |
Fund activity · 1 position · 1 move
- ExitedBaron India FundJune 2026
“During the quarter, we also exited positions in Reliance Industries Limited , Indus Towers Limited , Tata Consultancy Services Limited , Godrej Properties Limited , Kaynes Technology India Limited , and Dixon Technologies (India) Limited , due to uncertainties over durability of earnings growth and/or competitive positioning going forward.”
Read the letterIndus Towers Limited
Fund coverage · 1 thesis
- Baron India FundMarch 2026
Indus Towers Limited is a leading tower operator set to benefit from 4G/5G rollouts and Vodafone Idea’s stabilization, driving tenancy, operating leverage, and shareholder returns.
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