The world’s largest and most renowned joint-venture towerco, Indus Towers has been hard at work efficiently providing passive infrastructure on a non-discriminatory basis to Indian telecom operators and wireless broadband service providers since its founding in 2007. The company is actively upgrading its portfolio to reduce its carbon footprint and increase its efficiency, and is also playing an important role in the development of India’s Smart Cities.
TowerXchange: Indus Towers is the most famous example of a joint venture towerco in the world - looking back at the history of the company, how were Airtel, Hutchison (now Vodafone) and IDEA able to structure a joint venture where many other operators in other markets had failed?
Bimal Dayal, COO, Indus Towers:
Firstly the purpose for which Indus Towers was formed was very clear amongst the shareholders from the outset and remains clear to this day.