Airtel 2015 Annual Report Download - page 203

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Bharti Airtel Limited
NotesWRFRQVROLGDWHGnjQDQFLDOVWDWHPHQWV
201
Consolidated Financial Statements (IGAAP)
02-39 | Corporate Overview Financial Statements40-125 | Statutory Reports
126-355
S.
No. Name of entity Country of
Incorporation
3HUFHQWDJHRIRZQHUVKLSLQWHUHVW
DQGYRWLQJSRZHUGLUHFW
indirect) -
HǁHFWLYHVKDUHKROGLQJKHOGE\WKH
Group
As of
March 31, 2016
%
As of
March 31, 2015
%
112
Warid Telecom Uganda Limited (in
process of Amalgamation with Airtel
Uganda Limited)
Uganda 100 100
113 :DULG&RQJR6$0HUJHGZLWK$LUWHO
&RQJR6$ZHI1RYHPEHU Congo Brazzavile - 90
114 Zambian Towers Limited (refer note 16) Zambia - 
115 Zap Trust Company Nigeria Limited#Nigeria 100 100
116 Airtel Money Transfer Limited (subsidiary
ZHI-XO\ Kenya 100 -
117
Bharti Airtel Rwanda Holdings Limited
(formerly known as Zebrano (Mauritius)
Limited)
Mauritius 100 100
#7KH*URXSKDVDFTXLUHGDGGLWLRQDOVWDNHLQWKHFRPSDQ\DQGWKHUHIRUHEHFDPHVXEVLGLDU\ZHIIURP$XJXVW 
A7KH*URXSDOVRKROGVSUHIHUHQFHVKDUHKROGLQJLQWKHVHFRPSDQLHV7KHSUHIHUHQFHVKDUHVGRHVQRWFDUU\DQ\YRWLQJULJKWV 
AA'LVVROYHGVXEVHTXHQWWRWKHEDODQFHVKHHWGDWHRQ$SULO
8QGHU/LTXLGDWLRQ 
'LVVROYHGGXULQJWKH\HDUHQGHG0DUFK 
1RWH$XJHUH:LUHOHVV%URDGEDQG3ULYDWH/LPLWHGKDVQRWEHHQFRQVLGHUHGDVDVXEVLGLDU\UHIHUQRWHH 
B. Details of Joint ventures:
S.no Name of entity Country of
Incorporation
3HUFHQWDJHRIRZQHUVKLSLQWHUHVW
DQGYRWLQJSRZHUGLUHFW
LQGLUHFWHǁHFWLYHVKDUHKROGLQJ
held by the Group
As of
March 31, 2016
%
As of
March 31, 2015
%
1 Indus Towers Limited * India  
2 Bridge Mobile Pte Limited Singapore 10 10
3 Forum I Aviation Ltd India - 
4 FireFly Networks Limited India 50 50
%KDUWL,QIUDWHO/LPLWHGţ%,/ŤLQZKLFKWKH*URXSKDVHTXLW\LQWHUHVWDVRI0DUFKRZQVRI%KDUWL,QIUDWHO6HUYLFHV/LPLWHG
100% of Smartx Services Limited and 42% of Indus Towers Limited (100% of Bharti Infratel Services Limited and 42% of Indus Towers Limited as of March

C. Details of Associates:
S.no Name of entity Country of
Incorporation
3HUFHQWDJHRIRZQHUVKLSLQWHUHVW
DQGYRWLQJSRZHUGLUHFW
LQGLUHFWHǁHFWLYHVKDUHKROGLQJ
held by the Group
As of
March 31, 2016
%
As of
March 31, 2015
%
1Indo Teleports Limited (formerly known as
Bharti Teleports Limited)@India - 49
2Tanzania Telecommunications Company
Limited Tanzania 35 35
3 Seychelles Cable Systems Company Limited Seychelles 26 26
#7KH*URXSKDVDFTXLUHGDGGLWLRQDOVWDNHLQWKHFRPSDQ\DQGWKHUHIRUHEHFDPHVXEVLGLDU\ZHIIURP$XJXVW