Telecom tower companies to dial in capex of Rs 21,000 crore over fiscal 2025 and 2026

Independent telecom tower companies are expected to spend Rs 21,000 crore over a period between fiscals 2025 and 2026 in order to support the telecom companies in expanding rural networks and also improving service quality in urban areas, stated a report by CRISIL Ratings. Over the past two fiscals, the push for better coverage and connectivity, along with rollout of 5G, had driven a capital expenditure (capex) of around Rs 23,000 crore.