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Indus Towers, the telecom JV of Bharti Airtel, Vodafone Essar and Idea Cellular, is planning to add nearly 24,000 towers to its existing tower portfolio by the end of 2008-09.

October 15, 2008
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Indus Towers, the telecom JV of Bharti Airtel, Vodafone Essar and Idea Cellular, is planning to add nearly 24,000 towers to its existing tower portfolio by the end of 2008-09. For this, the three JV partners are together learnt to be investing Rs 100-110 billion.

Currently, Indus has around 80,000 towers compared to 60,000 at the time of its formation in December 2007. Indus is also likely to undertake a major part of the passive infrastructure expansion required by Bharti, Vodafone and Idea.

 
 
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