Synopsis The management continues to reiterate that 5G and fibre opportunities would continue to drive growth in the future as dependency on strong telecom infrastructure remains. Tenancy additions have also improved in the past three quarters.which signifies demand for new towers, report said. VIL is facing a severe liquidity risk due to its huge cash obligations. Its long-term business concerns still remain an overhang for Indus Towers.
The 5G opportunities and growth momentum cited by Indus Towers management notwithstanding, the long-term business concerns of large client
Vodafone Idea remain an overhang for the tower company, according to a report.