In 2007, India’s first mobile networks were hosted on around 100,000 telecom towers, considerably less than the current tower count of over 450,000. Over the past seven years, operators and independent tower companies have built an average of 50,000 new towers per year and, as a result, telecom coverage now extends to 90% of India’s geography. India is one of the few countries in the world with an average of two tenants per telecom tower - and the efficient sharing of towers, facilitated by neutral, non-discriminatory tower companies who now own 69% of India’s towers, has been critical to the growth of telecommunications and the associated positive impact on economic growth.
