This Telecom Stock Adds 7,300 Towers and Colocations: Will 5G Rollouts Drive the Next Phase of Expansion?
India, Oct. 15 -- Indus Towers is a telecom infrastructure provider that builds, owns and manages mobile towers used by telecom operators to deliver network services. Its business depends on operators expanding their networks, adding equipment to existing towers and increasing coverage to meet rising data consumption.
The expansion of 4G and 5G networks creates opportunities for tower companies as telecom operators require infrastructure to improve connectivity and network capacity. For Indus Towers, the key factors to watch are new tower deployments, additional colocations, order visibility and the ability to convert infrastructure additions into higher revenue and profitability.
With a market capitalisation of Rs. 1,00,434 cr, the sh...
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