In December 2007, a consortium of investors including Temasek Holdings, Investment Corporation of Dubai, Goldman Sachs, Macquarie, AIF Capital, Citigroup and India Equity Partners bought a $1 billion stake for 9% of shares in Bharti Infratel. Temasek is the largest investor.
"Bharti Infratel owns close to 20,000 sites and holds approximately 42 per cent stake in Indus Towers, the recently announced joint venture between Bharti, Vodafone and Idea, which has over 70,000 sites. Bharti Infratel and Indus Towers will provide passive infrastructure services to all wireless telecom operators in India on a non-discriminatory basis." Press Release