Company lists
The India edition · 2026

Telecom infrastructurecompanies in India

Towers & O&M, system integrators, IT services, fiber & equipment, satellite & communications and more: the companies building telecom infrastructure in India, with their founders, funding, team size and business models.

305 company profiles168 with reported revenue12 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent telecom infrastructure business events in India

Funding, M&A, contract wins and launches involving 437 telecom infrastructure companies in India, last 24 months: 69 Contracts · 25 M&A deals · 5 funding rounds · 2 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

Elation health acquires Aster

Elation Health, the clinical-first technology platform for modern primary care success, today announced the acquisition of Aster, an AI-native EHR focused on women's health.

Healthcare Technology
ContractSupply

Bondada Engineering · client: Ambuja cements

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Bondada Engineering · client: Adani Ports and Special Economic Zone

Bondada Engineering, a Hyderabad-based engineering, procurement, and construction company, has secured multiple orders worth ₹1.25 billion (~$13.22 million) for a 75 MW solar project in…

Solar
ContractSupply

Pace Digitek · client: NEC XON Systems Proprietary Limited

Pace Digitek shares rose ~5% after the company signed an Africa-focused BESS distribution deal with NEC XON Systems Proprietary Limited, giving it market access across five countries and…

Energy Storage
ContractSupply

NEC XON Systems Proprietary Ltd · client: Pace Digitek

Telecom passive infrastructure solutions provider Pace Digitek Ltd on Thursday said it has entered into an Original Equipment Manufacturer exclusivity agreement with NEC XON Systems…

Telecommunications
M&AAcquisition · Completed

Waaree energies acquires Associated power structures

Over the past year, the company directly or through its subsidiaries acquired a majority stake in transformer manufacturer Kotsons Pvt Ltd, transmission towers maker Associated Power…

Transmission Towers
ContractInfrastructure

Pace Digitek · client: North Western Railway

Pace Digitek Limited has announced the receipt of a significant contract valued at ₹226.42 million, inclusive of GST, from North Western Railway.

Infrastructure
M&AAcquisition · Announced

Sar televenture acquires Grand foundry

SAR Televenture Limited has announced a mandatory open offer to acquire additional equity shares of Grand Foundry Limited following its agreement to purchase a controlling 70.17% stake…

M&AAcquisition · Announced

Bharti Airtel acquires Indus towers

Bharti Airtel, the promoter of Indus Towers, has further strengthened its control over the telecom infrastructure company by acquiring additional shares in the open market.

Telecom Infrastructure
M&AAcquisition · Completed

Dr. Bondada Raghavendra Rao acquires Bondada Engineering

Dr. Bondada Raghavendra Rao purchased 2,200 equity shares through open market transactions on February 13, 2026.

M&AAcquisition · Announced

Waaree Renewable Technologies acquires Associated power structures

Waaree Renewable Technologies Ltd (WRT) has announced plans to invest ₹1,225 crore to acquire a controlling stake in Associated Power Structures Ltd, a manufacturer of power transmission…

Power transmission towers and substations (EPC)
ContractSupply

Diamond Power Infrastructure Limited · client: Bondada Engineering

The company has also received a work order worth Rs. 55.54 Crores from Bondada Engineering Limited for the supply of power cables.

Energy
FundingConvertible warrants

Sar televenture

Shares of telecom infrastructure company SAR Televenture will be in focus when the markets open on Monday, i.e. December 15, 2025, as the company has informed exchanges that it has…

Telecom infrastructure
LaunchAster Chain L1

Aster

"the launch of Aster Chain L1."

Blockchain L1
M&AAcquisition · Announced

Bharti Airtel acquires Indus towers

Bharti Airtel Ltd (NSE: BHARTIARTL) witnessed a sharp uptick in early trade on Tuesday, November 4, after its board approved acquiring an additional 5% stake in its telecom…

Telecommunications
ContractInfrastructure

ITI Limited · client: Gujarat Industrial Development Corporation

ITI has also implemented projects worth ₹107 crore for the Gujarat Industrial Development Corporation (GIDC) in FY 2023–24 and 2024–25, modernizing Integrated Command and Control Centres…

Technology
ContractSupply

Valiant communications · client: Indian State Electricity Boards

Valiant Communications Limited has obtained purchase orders from System Integrators from the private sector for supply of its Communication, Protection and Synchronization equipment…

Power Utilities
ContractService

ITI Limited · client: Guj info petro

ITI Limited, India’s premier public sector telecom company, has been empanelled as a System Integrator by Guj Info Petro Limited (GIPL) for two major IT projects in Gujarat. The 36-month…

IT / Telecommunications
LaunchRhinoTech

Optiemus infracom

Optiemus Infracom Limited, a leading electronics manufacturer, on Wednesday launched India’s first premium ‘tempered glass screen protectors’ brand ‘RhinoTech’ – which uses glass…

Screen protector
M&AAcquisition · Completed

KKR and Canada Pension Plan Investment Board (CPPIB) Group acquires Bharti infratel

TELECOMMUNICATION COMPANY BHARTI AIRTEL HAS SOLD 10.3 PER CENT STAKE IN ITS MOBILE TOWER UNIT BHARTI INFRATEL TO THE GROUP OF KKR AND CANADA PENSION PLAN INVESTMENT BOARD AT RS 6,193.9…

Telecommunications Infrastructure
M&AAcquisition · Announced

Amphenol corporation acquires ADC India Communications

Amphenol Corporation (Acquirer) has made a move to acquire up to 26 percent (11,96,000 equity shares) of ADC India Communications Ltd from public shareholders, offering Rs 1,179.92 per…

FundingInitial Public Offering

Orient cables

Orient Cables (India) Limited has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds…

Manufacturing
ContractService

Zaggle Prepaid Ocean Services · client: Indus towers

Zaggle has secured significant customer wins recently, driving its growth, including a perpetual contract to provide Indus Towers Limited with its Zaggle Save employee expense management…

ContractSupply

Valiant communications · client: Tejas networks

Valiant Communications Ltd, a leading provider of telecom, synchronization, and cybersecurity solutions, announced via a stock exchange filing on June 27, 2025, that it has received a…

Power & Energy
Funding

Brihaspathi technologies

Brihaspathi Technologies Limited, a city-based AI surveillance and security solutions provider, has raised $10 million in funding from foreign institutional investors (FIIs) and others.

Investors foreign institutional investors (FIIs), Others
AI surveillance and security solutions
ContractService

Iti · client: C-dot

ITI has completed a Rs 200 crore land transaction with C-DOT for its 22-acre property in Electronic City, Bengaluru. The final payment of Rs 25 crore was received, resolving a…

M&AAcquisition · Pending

Indus towers acquires JSW Green Energy Eight Limited

Indus Towers, a Bharti Airtel subsidiary company, has announced that it is acquiring 26% stake in JSW Green Energy Eight Limited.

M&AAcquisition · Announced

Aster acquires Totalenergies ventures

Aster was chosen to take over most of the assets from TotalEnergies CVC arm, TotalEnergies Ventures.

ContractSupply

HFCL Ltd · client: ITI Limited

Recently, the company secured purchase orders worth Rs 76.21 Crores, including an export order of USD 6.91 Million (Rs 59.19 Crores) from an overseas telecom firm and a domestic order of…

Telecom

Telecom infrastructure companies in India, by revenue

Browse telecom infrastructure companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 168 telecom infrastructure companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Online platform for tower infrastructure and services

Telecom infrastructure
₹30,468.60 crFY 2024-25
+5%2024–2025
1,847-47% 12 mo to Jul 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of engineered solutions for fluid transfer, control, and atomization

Telecom infrastructure
₹18,768.00 crFY 2024-25
+11%2024–2025
—Not available
8 yr2018
0none in 3 months

Provider of wireless telecommunication infrastructure services

Telecom infrastructure
₹13,729.00 crFY 2024-25
+7%2024–2025
74-1% 12 mo to Jun 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of telecom infrastructure and allied services

Telecom infrastructure
₹2,580.20 crFY 2024-25
+19%2024–2025
386-11% 12 mo to Apr 2024LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of power management and optic fiber laying solutions

Telecom infrastructure
₹2,462.20 crFY 2024-25
+0%2024–2025
512LinkedIn · Jul 2026
19 yr2007
2postings · last posted Sep 2026

Engineering services company with a focus on telecom infrastructural solutions

Telecom infrastructure
₹1,579.75 crFY 2024-25
+97%2024–2025
175recorded
14 yr2012
0none in 3 months

Manufacturing and retailing mobile brands and other telecommunication products

Telecom infrastructure
₹1,546.15 crFY 2023-24
Not reported
47-13% 12 mo to Mar 2023recorded Mar 2023
33 yr1993
—No postings tracked

Passive infrastructure to wireless operators

Telecom infrastructure
₹1,365.69 crFY 2024-25
-4%2024–2025
1,012+10% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Passive infrastructure for wireless telecommunications

Telecom infrastructure
₹1,299.30 crFY 2023-24
+8%2023–2024
482-26% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Manufacturer of speciality wires and cables

Telecom infrastructure
₹1,078.30 crFY 2024-25
+24%2024–2025
—Not available
24 yr2002
0none in 3 months

B2B distributor of electrical products and automation solutions

Electronic components
₹1,070.52 crFY 2024-25
+20%2024–2025
533+55% 12 mo to Feb 2024recorded Feb 2024
7 yr2019
0none in 3 months

Manufacturer & supplier of fibre optic cables, network cables, and industrial cables

Telecom infrastructure
₹831.86 crFY 2024-25
+25%2024–2025
258+98% 12 mo to Sep 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months · last posted Mar 2026

Provider of fiber optic systems installation services

Telecom infrastructure
₹700.49 crFY 2023-24
Not reported
311-10% 12 mo to Aug 2024recorded Aug 2024
34 yr1992
—No postings tracked

Provider of broadband network infrastructure and services

Telecom infrastructure
₹660.47 crFY 2024-25
+16%2024–2025
484+0% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of cables, committed to innovation, excellence, and quality

Telecom infrastructure
₹623.60 crFY 2022-23
Not reported
384+7% 12 mo to Sep 2024recorded Sep 2024
36 yr1990
—No postings tracked

Provider of telecom infrastructure solutions, internet services, and software for messaging and collaboration

Telecom infrastructure
₹523.21 crFY 2023-24
+20%2023–2024
276-100% 12 mo to Jan 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Provider of telecommunications infrastructure services offering a range of solutions

Telecom infrastructure
₹401.01 crFY 2021-22
Not reported
113+13% 12 mo to Sep 2024LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Provider of remote monitoring and management of telecom sector

Solar energy
₹431.40 crFY 2024-25
Not reported
141LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Manufacturer of indutrial and optical fibre cables

Telecom infrastructure
₹412.10 crFY 2024-25
+98%2024–2025
26-52% 12 mo to Jan 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Telecom and technology solutions provider delivering end-to-end infrastructure, integration, and managed services across global markets

Telecom infrastructure
₹393.66 crFY 2024-25
+24%2024–2025
1,832+7% 12 mo to Jun 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of optical fiber network products designing and development services

Telecom end user equipment and services
₹342.47 crFY 2021-22
Not reported
152+31% 12 mo to Sep 2024recorded Sep 2024
32 yr1994
—No postings tracked

Engineering and installation services provider

Bpo services
₹357.86 crFY 2024-25
-16%2024–2025
2+0% 12 mo to Sep 2024recorded Sep 2024
24 yr2002
0none in 3 months

Company specializes in cable manufacturing and telecom cables

Telecom infrastructure
₹318.08 crFY 2024-25
-1%2024–2025
—Not available
12 yr2014
0none in 3 months

Manufacturer and dealer of affordable and efficient cables and wires

Telecom infrastructure
₹231.24 crFY 2022-23
Not reported
—Not available
32 yr1994
—No postings tracked

Project engineering, turnkey, and construction contract provider specializing in telecom infrastructure development and electrical cable projects

Telecom infrastructure
₹241.46 crFY 2024-25
+48%2024–2025
—Not available
18 yr2008
0none in 3 months
50 of 305 companies shown here · the full list is on Radar
Fliar Radar

Explore all 305 telecom infrastructure companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open telecom infrastructure in India on Radar
  • Every company, not just 50All 305 telecom infrastructure companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
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Explore telecom infrastructure companies in India by what you are looking for

Find telecom infrastructure companies in India, including telecom tower companies in India and telecom infrastructure service providers. Browse the top telecom infrastructure companies in India, plus startups and listed firms.

9 ways to explore telecom infrastructure in India

Telecom tower & passive infrastructure companiesTelecom network integration & engineering servicesIT services & digital solutions for telecomOptical fibre & telecom equipment providersSatellite & wireless communication companiesPower, solar & energy solutions for telecom sites

Telecom tower & passive infrastructure companies

Companies that build, operate and maintain telecom towers and passive infrastructure.

  1. Tower Vision

    Passive infrastructure for wireless telecommunications

    Telecom infrastructure
    See in list
  2. NETSAT COMMUNICATIONS

    Provider of satellite communication infrastructure and maintenance services

    Telecom infrastructure
    Website
  3. Pathcom

    Provider of IT service suite solutions and staffing services

    Telecom operators
    Website
  4. TelEnergy

    Provider of technology management and OPEX reduction solutions for telecom tower infrastructure

    Telecom infrastructure
    Website
  5. Su Square

    Provider of telecom infrastructure solutions, tower construction, and interior works

    Telecom infrastructure
    Website

Telecom network integration & engineering services

System integrators and engineering firms installing and integrating telecom networks.

  1. Telecom Network Solutions

    Provider of telecom network integration services

    Bpo services
    See in list
  2. Uniinfo Telecom

    Provider of system integration services

    Bpo services
    Website
  3. Savitri Telecom

    Provider of network integration and management services

    Telecom infrastructure
    Website
  4. Eminence

    Network engineering and installation services provider

    Bpo services
    Website
  5. Bhumi Entech

    Network integration services provider and equipment reseller

    Telecom infrastructure
    Website

IT services & digital solutions for telecom

IT, software, IoT and AI service providers serving the telecom sector.

  1. NCG

    Provider of implementation, IoT, software development, IT consulting, managed, and other services

    It services
    See in list
  2. Amantya Technologies

    Provider of wireless, AI, product engineering, digital transformation, and test automation solutions.

    It services
    See in list
  3. Lotus Wireless Technologies

    Provider of wireless infrastructure services

    Iot services
    See in list
  4. FraserTechno

    Manufacturer of power and media cable management, and air purification solutions

    It services
    Website
  5. Mazenet

    Provider of IT services suite solutions and digital marketing services

    It services
    Website

Optical fibre & telecom equipment providers

Makers and suppliers of optical fibre, signal boosters and telecom end-user equipment.

  1. Go IP Global Services

    Provider of optical fiber network products designing and development services

    Telecom end user equipment and services
    See in list
  2. ATC

    Provider of Satcom market solutions

    Telecom infrastructure
    Website
  3. Su Square

    Provider of telecom infrastructure solutions, tower construction, and interior works

    Telecom infrastructure
    Website
  4. Sonepar India

    B2B distributor of electrical products and automation solutions

    Electronic components
    See in list
  5. Shiva Telecom

    Manufacturer & wholesaler of mobile signal booster, RF cable, signal antenna, RF connector, mobile signal jammer and other products

    Telecom infrastructure
    Website

Satellite & wireless communication companies

Providers of satellite communication, wireless infrastructure and related maintenance services.

  1. NETSAT COMMUNICATIONS

    Provider of satellite communication infrastructure and maintenance services

    Telecom infrastructure
    Website
  2. Spectrum Antenna & Avionics Systems

    Provider of antennas to the military

    Military tech
    Website
  3. Indusind Media Communications

    Provider of multi system operator for cable TV distribution and internet service

    Tv broadcasting services
    Website
  4. Pathcom

    Provider of IT service suite solutions and staffing services

    Telecom operators
    Website

Power, solar & energy solutions for telecom sites

Companies providing solar, power management and energy storage for telecom infrastructure.

  1. Pace Digitek

    Provider of power management and optic fiber laying solutions

    Telecom infrastructure
    See in list
  2. Bondada Engineering

    Engineering services company with a focus on telecom infrastructural solutions

    Telecom infrastructure
    See in list
  3. Satec

    Company specializing in engineering and infrastructure solutions

    Solar energy
    See in list
  4. R.S. Infraprojects

    Infrastructure engineering procurement and construction company providing solutions for power transmission, railways, and telecom infrastructure

    Engineering consulting
    Website
  5. ICOMM Tele

    Manufacturer of power transmission structures, defense solutions, and renewable energy systems

    Telecom infrastructure
    Website

Telecom infrastructure startups in India

Recently founded telecom infrastructure companies in India.

  1. Infraakashvision

    Infra Akashvision Tower Pvt. Ltd.

    Telecom infrastructure
    Website
  2. RK Fibergrid

    Telecom infrastructure service provider offering turnkey OFC projects and network solutions

    Telecom infrastructure
    Website
  3. Satejinnovations

    Developer of software and hardware for autonomous systems and robotics

    Enterprise networking
    Website
  4. ANPI

    Provider of software facilitating business process automation and workflow management

    Telecom infrastructure
    Website
  5. St Messaging

    Smart Tech Messaging is a messaging company that specializes in SMS, voice, and mail solutions.

    Telecom infrastructure
    Website
23 companies in India

Telecom infrastructure companies hiring in India

Telecom infrastructure companies in India with open roles.

  1. Pace Digitek

    Provider of power management and optic fiber laying solutions

    Telecom infrastructure
    See in list
  2. Orient Cables

    Manufacturer & supplier of fibre optic cables, network cables, and industrial cables

    Telecom infrastructure
    See in list
  3. Telecom Network Solutions

    Provider of telecom network integration services

    Bpo services
    See in list
  4. Amantya Technologies

    Provider of wireless, AI, product engineering, digital transformation, and test automation solutions.

    It services
    See in list
  5. Integrated Wireless Solution

    Provider of data analytics and IT consulting services

    Bpo services
    See in list
13 companies in India

Listed telecom infrastructure companies in India

Publicly listed telecom infrastructure companies in India.

  1. Bharti Infratel

    Online platform for tower infrastructure and services

    Telecom infrastructure
    See in list
  2. Pace Digitek

    Provider of power management and optic fiber laying solutions

    Telecom infrastructure
    See in list
  3. Bondada Engineering

    Engineering services company with a focus on telecom infrastructural solutions

    Telecom infrastructure
    See in list
  4. Optiemus Infracom

    Manufacturing and retailing mobile brands and other telecommunication products

    Telecom infrastructure
    See in list
  5. GTL Infrastructure

    Passive infrastructure to wireless operators

    Telecom infrastructure
    See in list
21 companies in India
Mobile reach

Top 10 telecom infrastructure apps from India

The most-installed Android apps published by telecom infrastructure companies headquartered in India — 309K installs between them. 17 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
3

BBNL NMS App

by BBNL

Installs21K
Rating—
Last updatedOct 2025
View on Google Play ↗
BBNL NMS App screenshot 1BBNL NMS App screenshot 2BBNL NMS App screenshot 3BBNL NMS App screenshot 4BBNL NMS App screenshot 5BBNL NMS App screenshot 6
5

Samvad

by CDOT

Installs8K
Rating—
Last updatedMay 2026
View on Google Play ↗
Samvad screenshot 1Samvad screenshot 2Samvad screenshot 3Samvad screenshot 4Samvad screenshot 5Samvad screenshot 6
The business behind the activity

Telecom infrastructure financials in India

Revenue, profit and growth from the filed annual accounts of 146 telecom infrastructure companies in India for FY24-25 — 177 of the 305 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹82,119.84 cr

146 companies filing accounts

combined net profit₹5,074.45 cr

6.2% aggregate margin

are profitable83%

121 of 146 companies

median revenue~₹19.7 cr

the typical company

median revenue growth+7%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹30,622.08 crFY19-20155 filers
₹40,605.06 crFY20-21153 filers
₹62,738.95 crFY21-22155 filers
₹70,025.44 crFY22-23157 filers
₹78,401.49 crFY23-24156 filers
₹82,119.84 crFY24-25146 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 140 companies over three years

+21%
FY22-23₹67,430.49 cr−₹5,405.49 cr net
FY23-24₹75,411.21 cr₹407.61 cr net
FY24-25₹81,845.72 cr₹5,066.09 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr2045% profitable
₹1–10 cr3979% profitable
₹10–100 cr5294% profitable
₹100–1,000 cr27100% profitable
Over ₹1,000 cr862% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking63
0–20%34
20–50%25
50–100%12
Doubled+10

144 companies with accounts for both years; median growth +7%.

Profitability

Profit is concentrated at the top

121profitable
24loss-making
6.2%aggregate margin
3.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Seamless Communication SystemsSEAMLESS COMMUNICATION SYSTEMS PRIVATE LIMITED
MV Infra ServicesM V INFRA SERVICES PRIVATE LIMITED₹43.72 cr
LotusLOTUS MICROWAVE TECHNOLOGIES PRIVATE LIMITED+125%₹67.57 cr
Inqilab EngineeringINQILAB ENGINEERING PRIVATE LIMITED+122%₹14.61 cr
CorsisTELECRATS INDIA PRIVATE LIMITED+98%₹412.10 cr
Abrasive EngineersABRASIVE ENGINEERS PRIVATE LIMITED+91%
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
DE-CIX IndiaDE-CIX INTERWIRE INTERNET SERVICES PRIVATE LIMITED37.1%
Bharti InfratelIndus Towers Limited32.6%₹30,468.60 cr
Acropolis EngineeringACROPOLIS ENGINEERING LIMITED23.9%₹13.86 cr
Suyog TelematicsSUYOG TELEMATICS LIMITED
SatecSATEC ENVIR ENGINEERING (INDIA) PRIVATE LIMITED
Rama TelecomRAMA TELECOM LIMITED₹42.47 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Telecom infrastructure108₹80,126.38 cr~₹24.7 cr84%6.2%
Bpo services20₹509.34 cr~₹7.5 cr70%1.5%
It services6₹248.19 cr~₹21.8 cr83%0.9%
Leaders

Largest telecom infrastructure companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Bharti InfratelIndus Towers Limited₹30,468.60 cr₹9,922.30 cr32.6%+5%
Jio Digital FibreJIO DIGITAL FIBRE PRIVATE LIMITED₹18,768.00 cr−₹2,227.00 cr-11.9%+11%
Summit DigitelSummit Digitel Infrastructure Limited₹13,729.00 cr−₹2,995.20 cr-21.8%+7%
Ascend TelecomASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED₹2,578.40 cr₹298.80 cr11.6%+21%
Pace DigitekPACE DIGITEK LIMITED₹2,309.32 cr₹233.33 cr10.1%-1%
Bondada EngineeringBONDADA ENGINEERING LIMITED₹1,419.93 cr₹103.13 cr7.3%+90%
GTL InfrastructureGTL INFRASTRUCTURE LTD₹1,365.69 cr−₹875.15 cr-64.1%-4%
Siechem TechnologiesSIECHEM TECHNOLOGIES PRIVATE LIMITED₹1,078.30 cr₹103.70 cr9.6%+24%
Thermo CablesTHERMO CABLES LTD.₹861.36 cr₹96.96 cr11.3%+20%
Orient CablesORIENT CABLES (INDIA) LIMITED₹831.86 cr₹53.26 cr6.4%+25%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full telecom infrastructure landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the telecom infrastructure landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Telecom infrastructure funding and M&A across India

27 recorded equity rounds have gone to 437 telecom infrastructure companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$1.00m

equity rounds, last 24 months3

US$16.78m

raised over five yearsUS$59.21m

7 rounds in India

M&A deals, India25

last 24 months

Capital by year

Equity funding into telecom infrastructure in India

amount rounds
$52k20181
$92k20201
$250k20232
$42m20242
$16m20252
$1.0m20261

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$42.19m across 2 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

SeedUS$1.85m4 rounds · median US$595k
Series AUS$57.37m3 rounds · median US$10.00m
Where the money went · five years

Most-funded sub-sectors

Telecom infrastructureUS$49.21m6 rounds · 5 companies
It servicesUS$10.00m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

23Acquisition
2Merger

Most active acquirers

  1. Indus towers7
  2. Sar televenture4
  3. Bharti Airtel4
  4. Waaree Renewable Technologies2
  5. Elation health1

Most acquired or merged

  1. Indus towers4
  2. Associated power structures3
  3. Bharti Airtel3
  4. Bharti infratel2
  5. Aster1

Each deal appears in the events strip at the top of the page.

Telecom infrastructure funding in India

12 telecom infrastructure companies in India have recorded equity funding, US$788.95m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind telecom infrastructure companies in India. 118 of 305 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India telecom infrastructure companies by sub-sector

The most common specialisations among telecom infrastructure companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring telecom infrastructure in India and nearby markets.

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