MD’s Message
Our strong foundation has allowed us in such a short span of time to become one of the largest passive infrastructure providers in the country.
Dhananjay Joshi,
MD & CEO
As a forward-thinking organisation, our knowledge, passion and cutting-edge technology are critical in developing a scalable and dependable infrastructure that will effectively enable our vision of a fully connected and digital nation to become a reality.
We believe that the philosophy of “sharing happiness through connectivity” motivates us to work even harder to gain the reputation of being the most trusted digital infrastructure partner offering end-to-end creative solutions in a sustainable manner.
In a company founded in the midst of this epidemic, the instilled spirit to face every obstacle head-on is naturally inherent. We have all exhibited a tremendous amount of perseverance over the last year, and for us, at Summit, conquering these challenges has been a great source of pride.
In its continuing line of business, I am particularly pleased to see how hard the Summit team has worked in 2021-22 to find solutions to the many challenges that have been thrown our way. Having exceeded one milestone after another, we have seen the power of a pure hard work ethic, and an honest effort.
Whether it be raising USD 500 million via overseas bonds in our first issuance in the international bond market within a record timeframe of ten weeks, signing multi-year agreements with the likes of Airtel and BSNL, or being honoured with the “Dream Companies to Work For” award by the World HRD Congress, Summit has proved the value of teamwork time and time again. Our strong foundation has allowed us in such a short span of time to become one of the largest passive infrastructure providers in the country.
HSSE standards are of paramount importance to us, along with maintaining a zero-harm work environment to ensure a healthy and productive workplace. We will not relent in our efforts to achieve the best level of HSSE performance possible, in order to protect the communities in which we operate. We wish to inspire others to develop a healthy and safe work culture by displaying responsible leadership.
As we have been resilient in the face of new variants of COVID-19 in the last year, we have realised the potential of what we do. It is clear that networking became the backbone of human relationships over the past two years more than ever before, from connecting families stuck in different parts of the world to enabling strangers to reach out for resources. In many instances, we are glad to have played a key role in enabling these connections.
Summit has placed itself at the forefront of the telecommunications industry for the foreseeable future with Jio as a major anchor tenant, Airtel and BSNL as major partners, and the upcoming collaboration with Sify, we are truly unstoppable. Expanding our corporate office, defining our values and mission statements, as well as increasing team collaboration, have all contributed in strengthening the culture of our organisation.
Our sites are optimised for 2G, 3G, 4G and 5G telecom technologies. We have the infrastructure in place and are anticipating the long-awaited advent of 5G technology in India, which will usher in an era of enormous technical advancement. Summit is thrilled to be a part in rewriting telecom history.
In just over a year, we have expanded substantially and currently have over 1,51,000 operating sites around the country. Many of our tower locations are one-of-a-kind and erected on tough terrain. In fact, 60% of our site options have such unique geographic benefits that there are no other sharable sites nearby. This places us at the forefront of the market as a leading player, supporting the uniform growth of telecom digitisation across urban and rural geographies.
Over the past two years, we have come a long way in our journey as one of India’s largest telecom infrastructure providers, but we know we still have to go further. Seeing our team’s extraordinary resilience, I have no doubt that we will cover the rest of the journey with the same grit, determination and innovation.
Dhananjay Joshi,
MD & CEO