Indus Towers bets on 5G growth, overseas expansion for revenue
Passive infrastructure provider Indus Tower’s future revenue will be driven by continued 5G expansion, data usage growth, and global expansion in Africa and UAE, the company management said.
Indus executives said at an earnings call Tuesday the financial friction regarding customer payments have stabilised. The company confirmed it has no overdue receivables from Vodafone Idea, one of its major customers, and payments are flowing business as usual according to the credit period offered to the telco.
