Indus eyes strong tower additions, growth on Vodafone Idea, Airtel expansion plans

Kolkata: 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.

“The company has an advantage from its pan-India tower portfolio, good footprint in past Vi radio frequency planning and a strong execution track record,” Poddar told ICICI Securities, which recently met the towerco’s top management.