Airtel 2014 Annual Report Download - page 269

Notes to consolidated financial statements
FINANCIAL STATEMENTS
Bharti Airtel Limited Statutory ReportsCorporate Overview Financial Statements
267
Consolidated Financial Statements
Additionally the Group also controls the trusts as mentioned in Note 40(b) below.
Information of Group’s directly and indirectly held subsidiaries, joint ventures and associates is as follows:
(a) Details of subsidiaries:-
S.
No. Name of Subsidiary
Principal place
of operation
/ Country of
Incorporation
Principal Activities
Percentage of ownership
interest and voting
power (direct / indirect)-
effective shareholding
held by the Group
As of
March 31,
2015
%
As of
March 31,
2014
%
1 Airtel Bangladesh Limited Bangladesh Telecommunication services 100 100
2 Airtel M Commerce Services Limited India Mobile commerce services 100 100
3 Bangladesh Infratel Networks Limited Bangladesh Passive infrastructure Services 100 100
4 Bharti Airtel (Canada) Limited# Canada Telecommunication services 100 100
5 Bharti Airtel (France) SAS France Telecommunication services 100 100
6 Bharti Airtel (Hongkong) Limited Hongkong Telecommunication services 100 100
7 Bharti Airtel (Japan) Kabushiki Kaisha Japan Telecommunication services 100 100
8 Bharti Airtel Services Limited India Administrative support to
Group companies and trading
activities
100 100
9 Bharti Airtel (UK) Limited United Kingdom Telecommunication services 100 100
10 Bharti Airtel (USA) Limited United States of
America
Telecommunication services 100 100
11 Bharti Airtel Holdings (Singapore) Pte
Ltd
Singapore Investment Company 100 100
12 Bharti Airtel International (Mauritius)
Limited
Mauritius Investment Company 100 100
13 Bharti Airtel International (Netherlands)
B.V.
Netherlands Holding, Finance Services and
Management Services
100 100
14 Bharti Airtel Lanka (Private) Limited Sri Lanka Telecommunication services 100 100
15 Bharti Hexacom Limited India Telecommunication services 70 70
16 Bharti Infratel Lanka (Private) Limited Sri Lanka Passive infrastructure Services 100 100
17 Bharti Infratel Limited ("BIL") India Passive infrastructure Services 71.88 79.39
18 Bharti Infratel Services Limited
(subsidiary w.e.f. June 4, 2013)*
India Passive infrastructure Services 71.88 79.39
19 Bharti International (Singapore) Pte. Ltd Singapore Telecommunication services 100 100
20 Bharti Telemedia Limited India Direct To Home services 95 95
21 Network i2i Limited Mauritius Submarine Cable System 100 100
22 Telesonic Networks Limited India Network Services 100 100
23 Airtel Broadband Services Private
Limited (formerly known as Wireless
Business Services Private Limited)
(subsidiary w.e.f. June 25, 2013) ^^
India Telecommunication services 100 100
24 Nxtra Data Limited (subsidiary w.e.f. July
2, 2013)
India Data Centre and Managed
Services
100 100
25 Wynk Limited (subsidiary w.e.f. January
13, 2015)
India Content Procurement and
Selling
100 -
26 Africa Towers N.V. Netherlands Investment Company 100 100
27 Africa Towers Services Limited Kenya Infrastructure sharing services 100 100
28 Airtel Ghana Limited^ Ghana Telecommunication services 75 75
29 Airtel (Seychelles) Limited Seychelles Telecommunication services 100 100