Tragic Telecom Tale: Consolidation to hit tower firms

Dec 04, 2018, 16:21 PM IST
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The consolidation of telecom companies is expected to hit tower companies, whose margins are set to attain fiscal 2013 levels this fiscal; according to a report by Crisil Research.

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450bps-The operating margin will contract this fiscal. (Image: Reuters)

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350bps-Fall in OP margins of tower firms like Bharti Infratel in H1 of fiscal. (Image: Reuters)

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7-9% Industry's rental per tower expected to decline this fiscal. (Image: Reuters)

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300bps margins will drop in fiscal 2020. (Image: Reuters)

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43-44% overall operating margin for the last five years ended March 2018. (Image: Reuters)

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27,500 co-locations Vodafone Idea is in the process of exiting. (Image: Reuters)

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The margins have dropped due to co-location exits and a decline in rentals per tower. (Image: Reuters)

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The Indian telecom industry is expected to reduce to four by 2023 from six now. (Image: Reuters)

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