A day after announcing Q4 and full FY21 results, the top management of Indus Towers in an investor call said the demand environment looked strong “with heavy data growth” that augured well.
“New spectrum will be deployed and great network activity which takes place…which, in my opinion
Touching upon the demand environment, Dayal said the industry data volumes continue to grow and the growth is fairly rapid.
The tower infrastructure company is of the firm belief that there will be a three-player market.
“I am completely aware that struggles which, let’s say VIL ( Vodafone Idea NSE 0.00 %) is facing currently as well, but chronology tells u
Indus Towers on Thursday reported a 38 per cent rise in consolidated net profit to 1,364 crore for the fourth quarter of FY21 and said digital transformation across sectors is driving new opportunities for shared infrastructure providers to usher in the next growth phase.