Global Group

Safe harbor

• Neither the information nor any opinion expressed in this presentation constitutes an offer, or invitation to make an offer, or to buy any security issued by the company. This presentation contains predictions, estimates orother information regarding the Company's operations which are forward looking in nature. While these forward looking statements represent our best current judgment on what the future holds, they are subject to risks anduncertainties that could cause actual results to differ materially and may involve risk and uncertainty. This presentation is prepared for general purposes only and does not have any regard to the specific investmentobjectives, financial situation and particular needs of any specific person. No liability for any loss will arise with the company as a result of the action taken on the basis of information contained herein.

•For a discussion of the risks and uncertainties that may cause results to differ, you should review GTL’s filings with stock exchanges, including the annual report and quarterly disclosures.

An Introduction

Group Vision

“Provide affordable universal connectivity by offering quality & green network solutions to telecom carriers across the telecom carriers across the

world”

2

Global Holding Corporation (GHC)

Group Structure

GTL

Limited

GTL Infrastructure

Global

Towers

Global

ProServ

Global

InnovSource

India’s Largest

Network

Services

Player

Largest

Independent &

Neutral

Tower Company

in the World

Manufacturing

of Telecom

towers and

Energy

Optimisation

Process

Management

& KPO services

Recruitment

& Staffing

Services

GlobalRural NetCo

Active Telecom

Infrastructure

Provider

3

The Group is focused on Network

23 Years of Service in telecom industry

Group Revenue of US$ 1.2 Bn for FY 11E

Group Balance Sheet size of US$ 5 Bn as on March 11E

Global Group Profile

Network Services and

Shared Telecom Infrastructure

Aggregate Market Cap of US$ 3 Bn*

Project Execution in more than 40 Countries over 70

Networks

Access to over 35,000 dedicated and highly skilled

manpower by FY11E

Note: Conversion rate assumed at Rs. 45 = 1USD across the document ;

*Market Cap calculated on fully diluted basis as on Dec 31, 2010

4

Value Chain

NetworkServices

Back office Management(Global ProServe)

Professional Services(Global InnovSource)

Active InfrastructureServices

(Global Rural NetCo)

Passive InfrastructureServices(GTL Infra) Services

NetworkServices

(GTL Limited)

TowerManufacturing; Energy

Optimization(Global Towers)

(Global ProServe)

Global Group serves across the entire spectrum of outsourced telecom solutions 5

(GTL Infra)

6 6

GTL Infrastructure Ltdwww.gtlinfra.com

GTL Infra at a Glance

Business Telecom Towers

Presence Pan India Tower Presence

Tower Portfolio 32,463 towers

Asset Base US$ 3.2 Bn

US$ 1.9 Bn.*Market Cap

Stock Listed on BSE (Code – 532775), NSE (Code – GTLINFRA)

Customers All major Indian Telecom Operators

Awards Won ‘Innovative Infrastructure company of the year’ InfrastructureExcellence Award organized by CNBC TV 18

*Market Cap calculated on fully diluted basis as on Dec 31, 2010

7

Operational Growth

Tower Growth Tenancy Growth

1,200

6,010

9,41112,456

33,500

8404,037

7,198

13,221

43,500

1.01

1.16

1.27

1.30

1.45Tenancy on Occupied Towers

Growth Highlights

� All operators served on GTL Infrastructure sites

� 130% Tower CAGR

� 168% Tenancy CAGR

� Pan- India presence of towers

� 8% up-front reduction in energy cost

GTL Infra: Track Record

Growth in Financials

246

7951,089

1,408

3,662

FY07 FY08 FY09 FY10 FY11E

Revenue and EBITDA Growth(1)(2) (USD Mn) Balance Sheet (USD Mn)

FY07 FY08 FY09 FY10 FY11E FY07 FY08 FY09 FY10 FY11E

11 28

4977

234

FY07 FY08 FY09 FY10 FY11E

Revenues(1)

Notes:

(1) FY11E financials includes only c.9 months of CNIL

financials

(2) FY07 EBITDA margin reflects margin of tower

operations only

48%(2)

52%

52%

55%

58%EBITDA Margin

� 115% Revenue CAGR

� 87% EBITDA CAGR

� 1.3x D/E for FY 11E

� USD1.8 bn all cash acquisition of Aircel towers

� All leading banks funding GTL Infrastructure’s expansion plan

Growth Highlights

energy cost

Industry Structure

TechnologyTechnologyDemand for Demand for BTSesBTSes (in ‘000s)(in ‘000s)Demand for Demand for BTSesBTSes (in ‘000s)(in ‘000s) No. of towers by FY11E (in ‘000s)No. of towers by FY11E (in ‘000s)No. of towers by FY11E (in ‘000s)No. of towers by FY11E (in ‘000s)

4G

3G &BWA

3G &

BWA

110

50 50 60

80

100

120

885

964

1023

FY 13E

FY 14E

FY 15E

BWA

3G

2G

50 50 41

34 33 28

-

20

40

60

Indus BSNL Rcom Viom Bharti

Infratel

GTL Infra Others

Source: Industry Research, TRAI

GTL Infra is the only independent player in the Indian Tower Industry

615

767

885

FY 11E

FY 12E

FY 13E

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Tenancy Growth Drivers

� The Industry has paid cUS$ 20 Bn as License fee

for 3G/BWA to the government; Incremental

capex on 3G/BWA rollout is expected to be cUS$

� India is expected to have c618mn active

subscriber base by FY 11E which is estimated to

reach c1bn by FY14E

BTS projectionsBTS projections* (‘000s)* (‘000s)BTS projectionsBTS projections* (‘000s)* (‘000s)

553 625 681 718 736

62 142

204 246 287

615 767

885 964

1,023

2G 3G/BWA

618

834

987 1,089

1,136 Subs in mn

capex on 3G/BWA rollout is expected to be cUS$

70 Bn

� MNP is expected to drive improvement in

Network Quality of the operators

� Will drive operators to install more BTSes

leading to drop in number of subscriber/

BTS from current 1,400 to 1,000 creating

further demand for towers

•Source: Industry Estimates, TRAI

FY11 FY12 FY13 FY14 FY15

10

11 11

GTL Limitedwww.gtllimited.com

Business Network Services

Global Headquarters Mumbai, India

Founded 1987

Global Presence More than 40 countries spread across Africa, Asia- Pacific,

Middle East, Asia, North America, South Asia and

GTL at a Glance

TelecomDomain Expertise

Associates 7,733 (As of Dec 31, 2010)

Middle East, Asia, North America, South Asia and

Western Europe

Listed on BSE, NSE

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Business

Network

Network

Planning & Design

NetworkPlanning & Design

Professional Services

Network Deployment

Energy

ManagementNetworkServices

Planning & Design

Infrastructure Management

NetworkOperation & Maintenance

Management

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Customer SnapshotRevenue by Services

Planning & Design

8%

Prof. Services

14%O&M

9%

Network

Deployment

69%

Aircel

Airtel

AT&T

BSNL

China Mobile

Cingular

Telecom Brands

Revenue by Geography

14

APAC/Europe

5%MENA & Others

17%

Etisalat

NTT DoCoMo

Orange

RCom

Saudi Telecom

Sprint

T-Mobile

Verizon

Vodafone

India

78%

Overview of Strategic Alliances

� In 2007, formed a strategic tie-up with Ericsson to address the Managed Network

Infrastructure Services (MNS) Market in UK

� Under MNS, GTL offers Network Deployment, O&M, Infrastructure Management and

Professional Services to operators like Vodafone, O2 and MTN

� GTL entered into a engineering co-operation agreement with ZTE

� This will give GTL access to ZTE’s Network Infrastructure projects in all its 120 countries

of operationsof operations

� GTL has entered into a "Global Supplier Co-operation Agreement" with Huawei for

worldwide co-operation in Network Services space

� As a part of this agreement, Huawei will train GTL's engineers on its various Technology

platforms

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� GHC has acquired 13% stake in Qualcomm’s India operations to rollout BWA network

� GTL plans to offer Network Deployment, O&M, Active Infrastructure and Energy

Management Services on Qualcomm sites

Growth drivers

3G & BWA Rollout

US$ 20 Bn of 3G/BWA license fees paid to Government; Incremental capexspending for 3G/BWA rollout estimated to be over US$ 70 Bn over next 2-3 years

This is expected to drive demand for Network Deployment & Network Planningand also improve tenancy on GTL Infra telecom towers

Energy Management Energy Management

GTL plans to reduce cost through use of energy efficient products and also

alternate sources of energy

GTL signed multi-year contract to provide Energy Management solutions on

Alliances with partners

GTL has entered into a global partnerships with leading technology providerslike Ericsson, Huawei & ZTE

GHC has acquired 13% stake in Qualcomm’s India operations to rollout BWAnetwork; GTL plans to offer the entire range of Network Services forQualcomm’s rollout of BWA Network in India

Energy Management Energy Management Solution

GTL signed multi-year contract to provide Energy Management solutions on

17,500 existing Aircel sites; Recurring Revenue of US$ 150 Mn p.a.

GTL has also entered into similar agreement with Idea and Tata Tele on 2,000+

sites

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17 17

Energy Management Solutions

Energy requirement of Telecom Industry

� India currently has 346,000 towers which are expected to go up to

463,000 over next 3 years

� Due to prevailing power situation in the Country, each Telecom tower

consumes on an average 7,000 litres of diesel on annual basis

� This means the entire industry consumes 2.5 Bn litres of diesel every year

� Energy expenses constitutes nearly 20% of operators’ Networking

expenditure

� Excessive use of diesel generators lead to CO2 emission in the

environment contributing to global warming

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GTL’s Energy Management Approach – Two pronged

Demand side Supply Side

Reducing energy footprint of

equipments at site through:

� Energy Saving solutions

� Intelligent power management

� Smarter processes

Supplying alternate/renewable

energy to equipments:

� Solar

� Wind

Focus on

Demand side

Focus on

Supply Side

19

20 20

Awards & Recognitions

Recent Awards & Recognitions

� GTL ranked # 1 Telecom Turnkey company of the year – V&D 100 in

2008, 2009 and 2010

� GTL Infra won “Innovative Infrastructure Company of the year” 2009 by

CNBC TV18

� GTL Infra rated “Top Independent Infrastructure Provider of India”

Award by V&D

Business ExcellenceBusiness Excellence

� GTL featured in S&P’s ESG India Index for the third year in a row

Corporate Governance & ExcellenceCorporate Governance & Excellence

� GTL & GTL Infra received Greentech Environment Excellence Award in

2009 and 2010

� GTL Foundation received Golden Peacock Award for Innovation in

Social Responsibility

� GTL received Pegasus Award for Social Responsibility

� GTL received enterprise Asia’s “Green Leadership” Award for its

energy management initiatives

Corporate Social ResponsibilityCorporate Social Responsibility

� GTL featured in S&P’s ESG India Index for the third year in a row

� GTL received “Certificate for Strong commitment” from CII ITC Center of

excellence for Sustainable Development

� GTL received Ramkrishna Bajaj National Quality Award for Business

Excellence

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CSR@ Global Group

Education Disability

• Gyan IT (Spreading IT literacy

among rural areas)

• KNOW

• Netra(Computer Lab for Blind)

• Talk 64

Health

•Arogya (Mobile health van in

Rural Areas)

• Emergency Medical

Community

•Pralay(Supporting victims of

natural calamities)

• Gyan Deep• KNOW(Mobile Computer lab)

• VKC(Village Knowledge

Center)

• Gyan Deep(Train the trainer)

• Talk 64(Chess software for Blind)

• Swayam(Employment

opportunities for Blind)

• Samman(Mobility for the disabled)

• Emergency Medical Assitance(Curative medical care)

• Blood Donation(Donate blood save life)

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• Gyan Deep(Counselling the street children)

• Marathon run(Participated in the

sporting event to support

visually challenged

persons)

GTL sets aside up to two percent of it’s profits towards

CSR activities and encourages active employee participation

Conclusion� Strong Growth Story

� Revenue growth of 30% and EBITDA growth of 40% on compounded basis for last 3 years

� US$ 70 Bn of planned investments in Indian telecom sector over next 2-3 years

� Strong Project execution track record

� Expertise across the spectrum of Network Services needs of Operators, OEMs and Tower

Companies

� Executed Projects in more than 40 countries across the world

� Tower Network in excess of 42,000 with a pan-India presence by FY 14E

� Group Financial strengths

� Balance Sheet size in excess of US$ 5 Bn

� Cash Balance of US$ 700 Mn as on March 2010

� Promoters commitment to the group

� Promoter’s commitment of over US$ 590 Mn in last 4 years

� Investor-friendly Organization

� Returned cash to shareholders in excess of US$ 183 Mn in last 3 years

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Thank you