Sell Indus Towers, target price Rs 201: Reliance SecuritiesIndus Towers Ltd., incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 70270.48 Crore) operating in Telecommun...
18 Mar, 2021, 11.50 AM IST
Jefferies has underperform rating on Bharti Infratel, target price Rs 130Bharti Infratel's 4QFY20 performance mirrors the weak tenancy outlook it is facing due to ongoing consolidation among telecom operators.
24 Apr, 2020, 10.32 AM IST
Tower companies look to new public infra projects for revenue growthThe tower industry is facing a decline in tenancy ratios due ongoing consolidation in the telecom industry.
14 Aug, 2018, 06.13 PM IST
Telcom operators resist tower firms’ bid to increase rentalsMarket leader Indus Towers, Bharti Infratel and American Tower Company are the 3 main tower cos that own nearly 85% of total telecom towers...
27 Mar, 2018, 11.15 PM IST
Average rental per tower to be under pressure in FY18: ReportThere are about 420,000 telecom towers in India with an average tenancy ratio of 2x-2.2x, which could increase by 15-20% over FY18-19 with ...
15 Sep, 2017, 01.28 AM IST
Brookfield joins race for Vodafone, Idea stakes in Indus TowersIndus is a three-way JV between Vodafone, Bharti Infratel and Idea. Voda and Bharti own 42% each while Idea owns 11.15%. US' Providence own...
13 Sep, 2017, 04.52 PM IST
Alliance of airwaves sees meltdown in Infratel’s towers, co loses Rs 11,400 cr mkt cap in 2 daysA consortium of KKR and CPPIB was in advance negotiations to buy a controlling stake in the company and help parent Bharti deleverage its c...
01 Feb, 2017, 09.20 AM IST
4G expansion to take tower companies to new heightsIndia has an estimated 4.5 lakh telecom towers at present. Dua said the number of mobile towers is likely to grow 5% a year over the next f...
08 Nov, 2016, 01.16 AM IST
Mobile tower count likely to cross 5 lakh by 2020: StudyMobile towers in India are likely to grow to over five lakh by 2020 from about four lakh at present due to increase in demand of wireless i...
16 Jun, 2015, 11.18 PM IST
Telecom tower companies hope to see fast revenue growth on back of accelerated network rolloutsIndia’s top three telcos – Bharti Airtel, Vodafone India and Idea Cellular – have collectively committed 77% of the recent Rs 1.098 lakh cr...
21 Apr, 2015, 05.45 AM IST
NSR, TVS Interconnect looking to sell stakes in tower company Ascend TelecomAscend, which provides passive telecom infrastructure on a shared, multi-tenancy basis to mobile service providers, is valued at around Rs ...
31 Dec, 2013, 06.19 AM IST
- Blackstone, Carlyle set to buy Anil Ambani's RCOM towers
Anil Ambani-controlled RCOM may conclude a tower sharing deal with his elder brother Mukesh Ambani-owned Reliance Infotel ahead of the towe...
11 Nov, 2011, 10.30 AM IST
- RCom-GTL tower deal: Rise in tenancy ratio to ring in future success
The deal between Reliance Communications (RCOM) and GTL Infrastructure (GIL) to merge their telecom tower businesses will provide immediate...
29 Jun, 2010, 12.19 AM IST
- ATC to acquire 4,450 towers of Essar Tele Infra
USA's biggest independent tower firm American Tower Corp (ATC) has agreed to acquire 4,450 towers of Essar Telecom Infrastructure (ETIPL), ...
25 Feb, 2010, 01.29 AM IST
- RCOM plans to sell 5% in tower business
Reliance Communications, has initiated pre-IPO talks with strategic and financial investors.
19 Jan, 2010, 11.47 AM IST
- Tower utilisation holds key to GIL earnings growth
The acquisition of Aircel’s tower business has catapulted GTL Infrastructure (GIL) to the top slot in the domestic telecom infrastructure s...
15 Jan, 2010, 03.25 AM IST
- Rel Infratel in tower-sharing pact with Chennai telco
Reliance Communications’ subsidiary Reliance Infratel is looking to sign a 10-year tower-sharing agreement with Chennai-based telecom opera...
27 Aug, 2009, 12.24 AM IST