Tragic Telecom Tale: Consolidation to hit tower firms
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.
450bps-The operating margin will contract this fiscal. (Image: Reuters)
350bps-Fall in OP margins of tower firms like Bharti Infratel in H1 of fiscal. (Image: Reuters)
7-9% Industry's rental per tower expected to decline this fiscal. (Image: Reuters)
300bps margins will drop in fiscal 2020. (Image: Reuters)
43-44% overall operating margin for the last five years ended March 2018. (Image: Reuters)
27,500 co-locations Vodafone Idea is in the process of exiting. (Image: Reuters)
The margins have dropped due to co-location exits and a decline in rentals per tower. (Image: Reuters)
The Indian telecom industry is expected to reduce to four by 2023 from six now. (Image: Reuters)