Indian telecom towers to invest $2.76 billion by 2026 to boost rural and urban network quality.

Indian telecom tower companies plan to spend about Rs 21,000 crore ($2.76 billion) over the fiscal years 2025 and 2026 to enhance rural networks and improve urban service quality. This follows a Rs 23,000 crore spending in the past two years due to better coverage needs and 5G rollouts. Despite a slight decline in tenancy ratios, earnings for tower companies are expected to remain stable due to long-term contracts and price escalations.

November 26, 2024
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