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.
1/8450bps-The operating margin will contract this fiscal. (Image: Reuters)
2/8350bps-Fall in OP margins of tower firms like Bharti Infratel in H1 of fiscal. (Image: Reuters)
3/87-9% Industry's rental per tower expected to decline this fiscal. (Image: Reuters)
4/8300bps margins will drop in fiscal 2020. (Image: Reuters)
5/843-44% overall operating margin for the last five years ended March 2018. (Image: Reuters)
6/827,500 co-locations Vodafone Idea is in the process of exiting. (Image: Reuters)
7/8The margins have dropped due to co-location exits and a decline in rentals per tower. (Image: Reuters)
8/8The Indian telecom industry is expected to reduce to four by 2023 from six now. (Image: Reuters)