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December 8th, 2017 1:10 PM 1 COMMENTS

Telecom Tower Industry is Expected to Undergo Structural Changes in Medium Term: ICRA

The telecom tower industry is expected to undergo structural changes in the medium term. Currently, the industry, with around four lakhs towers and about eight lakh tenancies, is a sizeable one in the world. It has ten organised players (apart from many small tower owners) wherein 74% of the portfolio is held either by tower companies promoted by telecom operators, or by telecom operators themselves. Over the next 1-2 years,... Read More

February 18th, 2011 3:01 PM 9 COMMENTS

ICRA Expects Towers Merging With One Another To Remain Competitive

In the backdrop of Indian telecom sector’s phenomenal growth story, ICRA Ltd, expects that telecom tower industry in India will get consolidated with the smaller players either getting acquired by the larger ones or merging with one another to remain competitive. However, the pace of consolidation would depend on the prevailing market conditions; pace of infrastructure rollout by the telcos, especially for 3G and BWA; and the financial flexibility of... Read More

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