Bharti Airtel, an Indian global telecommunications services company, completed the acquisition of Vodafone's Indus Towers, an independently managed company offering passive infrastructure services to all telecom operators, for $10.6bn. Taken together, Bharti Infratel and Indus Towers had over 163k towers and 367k tenancies as at 31 March 2018. With over INR253bn ($3.8bn) in revenues (for the financial year ended 31 March 2018), the combined company will be well placed to invest on a national basis to satisfy the future demand from all telecoms operators in India as they continue to densify their networks to support sustained data traffic growth and roll out new network technologies.