Indus sees strong tower additions, growth in FY25

Indus Towers’ leadership sees strong tower additions and business growth prospects in FY25, largely propelled by its top two telco customers’ big expansion ambitions – Bharti Airtel’s rural mobile broadband push and Vodafone Idea’s upcoming 4G and 5G blitz across priority markets.

Vikas Poddar, chief financial officer of Indus Towers, recently told analysts that the telecom tower company expects to grab a fair share in Vi’s upcoming expansion despite the risk of higher competitive intensity.