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 9453.00 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.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
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Pan European Telecom Services and Cable

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Analysts

Chris Hoare

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

Indus Towers (Reduce, INR 280 from INR 265, -26%) Implications for Indus of likely VIL nationalisation

Indus Towers (Reduce, TP: INR265, -40%) Proposed share buyback. Our thoughts.

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

TalkTalk H1 results: Guidance looks at risk

Odido (T-Mobile NL) (Equal Weight) Q3 24: Positioned nicely for a possible IPO in 2025

EU Pharma 2025 Outlook - The Correction Was Due, Tread Carefully

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