BMI Research: A look at the Indian tower market
Telecoms demand growth eclipses challenges in an evolving market structure
Changes to telecoms regulations and market conditions in the past year will impact the towers market in India in various ways. Weighing the positive impacts of 3G and 4G proliferation against the risks of evolving telecom regulation, we believe that growth prospects for towers market are bright, with greater opportunity in diversification into other areas of mobile network support.
Consolidation and advanced mobile networks
The pressing need for operators to establish scale in order to rationalise investments into advanced networks and services has spurred rampant consolidation in the private telecoms sector. If the motive of the M&A is to liberalise the target company’s spectrum holdings and integrate the operators’ networks, then the number of mobile sites in demand will diminish.