The company, which owns 34,000 towers and has a 42 per cent stake in Indus Towers, believes that its relationship with its parent (Bharti Airtel) and its partners in Indus (Vodafone and Idea Cellular), the long-term nature of the contracts with tenants and a strong balance sheet should ensure steady revenue generation. Unlike other players in the tower infrastructure sector in India, which have been struggling to make money and are highly leveraged, Bharti Infratel has been cash flow-positive with minimal debt.