New Street Research - Indus Towers Limited (INDUSTOWER) Indian Telcos and Towers Private Equity Selling Indus Towers – Quick Thoughts/Implications for Indus and the Indian Telcos

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New Street Research

Chris Hoare

EUR 9209.00 For Business Accounts Only

Indian Telcos and Towers Private Equity Selling Indus Towers – Quick Thoughts/Implications for Indus and the Indian Telcos

Hot on the heels of the exit from India of AMT, the PE backers of Indus Towers are also selling, placing 7% of the company in the market. Brief thoughts and implications below.

31/01/2024 1 EN

Underlying

Indus Towers Limited

Bharti Infratel provides telecom tower infrastructure in India. Co. acquires, builds, owns, operates, and manages towers and related infrastructure for wireless telecommunications service providers. As of Mar 31 2014, Co. owned and operated 83,368 towers and 167,202 co-locations in 22 telecommunication circles.

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INE121J01017 National Stock Exchange of India India

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Chris Hoare

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Indian Telcos and Towers Private Equity Selling Indus Towers – Quick Thoughts/Implications for Indus and the Indian Telcos

Indian Mobile VIL Capital Increase – should you participate and what does it mean for Bharti, Jio and Indus? Indus to Reduce

Indus Towers (Neutral, pt INR 265, +18%) AMT sells Indian Towers - Implications for Indus Towers

Bible 1Q24 – Semicap: recovery on track, positive 2025 outlook in expectations already.

EM Telcos EM Enterprise Revenues Continue to Grow Strongly

Alphabet (GOOGL, Buy, $200 target) Previewing Google Marketing Live & read throughs from MSFT Build keynote tomorrow

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