Indian Telecom Tower Industry To Increase Tenancy Ratios: Study
Due to the expansion of 3G and onset of 4G technologies, telecom tower industry’s tenancy ratios will increase to 2.9 times by March 2020 from 1.95 times as of March 2015, according to an ASSOCHAM-KPMG joint study. Tenancy ratio refers to the number of tenants (operators) who have put up their antennae and other active infrastructure on the towers. Increase in tenancy ratios has been the key growth driver for tower companies in India, reveals the ASSOCHAM-KPMG joint study. Growth in telecom sector has helped India emerge as a trendsetter...