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Vodafone Idea: VIL s long-term business concerns remain an overhang for Indus Towers: Report

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.

Indus Towers says demand environment strong, 5G to make infra space even relevant

Indus Towers says demand environment strong, 5G to make infra space even relevant SECTIONS Last Updated: Apr 23, 2021, 06:07 PM IST Share Synopsis New spectrum will be deployed and great network activity which takes place.which, in my opinion, is generally very good, Bimal Dayal, Managing Director and CEO of Indus Towers Limited (formerly Bharti Infratel) said at the post-earnings call. Reuters The consolidated revenues of the telecom infrastructure player stood at Rs 6,492 crore for the March 2021 quarter, up three per cent year-on-year. Indus Towers on Friday said the race towards 5G would make infrastructure space even more relevant and the market is poised for three robust and sound telecom operators competing with each other.

Indus Towers says demand strong, 5G to make infra space even relevant

Indus Towers on Friday said the race towards 5G would make infrastructure space even more relevant and the market is poised for three robust and sound telecom operators competing with each other. A day after announcing Q4 and full FY21 results, the top management of Indus Towers in an investor call said the demand environment looked strong with heavy data growth that augured well. New spectrum will be deployed and great network activity which takes place.which, in my opinion, is generally very good, Bimal Dayal, Managing Director and CEO of Indus Towers Limited (formerly Bharti Infratel) said at the post-earnings call.

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