Read this article to learn:
- Phase one of 4G rollout is being driven by loading of existing sites
- Phase two will include more new full blown tenancies and new build
- At least one MNO has started self-deploying again, particularly micro sites
- The need to raise capital for 4G has re-ignited tower transaction deal flow in India
- The impact of consolidation among India’s MNOs
It is increasingly apparent that the 4G rollout will have a significant effect on the structure of the mature, hitherto stable Indian tower industry. While MNOs committed outlay of Rs66,000 crore (US$9.9bn) in India’s most recent round of spectrum auctions did not precipitate any immediate tower monetisations to raise capital, it seems the cost of…
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