Indus Towers to tap smart city biz opportunity

Indus Towers to tap smart city biz opportunity

Indus Towers, the country’s largest telecom tower company jointly owned by Bharti Airtel, Vodafone India, and Idea Cellular, is betting big on opportunities in digitisation and smart city initiatives, to cater to citizen-centric and surveillance services.

In an interaction with Deccan Herald, Indus Towers chief sales and marketing officer Sameer Sinha said the company has signed a letter of intent (LoI) with the New Delhi Municipal Authority (NDMA in March.

Sinha said the company would like to go for such projects in other parts of the country as part of the tower business as its core area.

“We have an installed capacity of 1,15,000 towers throughout the country and plans to add 5,000 more by the end of this year,” he said.

Indus Towers, which started its operations in 2007, has presence in 15 circles out of the 22 circles with a market share of 50 per cent in the tower rental business. The company’s revenues reached Rs 14,951 crore during fiscal 2015 compared with Rs 13,879 crore in the same period in the last fiscal, a growth of 8 per cent. Competitors in the space include Viom Networks and American Towers.

“Besides putting new towers, we want to avail maximum benefit from our current infrastructure by placing 3G and 4G facilities for service players. We are also planning to reduce the cost per premise with remote management and green technologies,” he said.

“Some 70 per cent of towers operate via electricity and the rest with diesel generators and battery.We are planning to make 40 per cent of our tower strength green so that running costs and emissions can be reduced substantially,” he said.

When asked about the international foray, Sinha said the company wants to do more in India than abroad.

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