Indus sees strong tower additions, growth in FY25

Indus Towers anticipates significant growth in fiscal year 2025, driven by expansions from its major telecom customers, Bharti Airtel and Vodafone Idea. Bharti Airtel plans to enhance its rural broadband coverage with 25,000 new sites, while Vodafone Idea aims to deploy over 60,000 new tenancies. Despite competitive pressures, Indus Towers is poised to benefit from its nationwide tower portfolio and strong execution capabilities, leveraging past collaborations in network planning with Vodafone Idea. With recent equity funding of ₹23,000 crore and strategic network expansions, Indus Towers is well-positioned for robust revenue growth ahead.