1772 Towers and 2917 colocations were added this quarter. YoY-5% and 7% respectively.
Steady Tenancy ratio – 1.8
The active subscriber base of its customers is up by 2% YoY.
Data growth trends: 32% YoY and 5-year CAGR is around 60%.
5G trials have started in various metro and tier 1 cities, which after 5G rollout will have a good impact on the growth of the company.
Receivables have increased in this quarter, primarily because of the Vodafone Idea group’s inability to pay.
Indus towers have a substantial security pledge in place in case Vodafone Idea is not able to pay its dues.
Cyclonic disturbances did affect the company’s operations. It is incorporated in the fuel and power cost increase.
Other expenses are low because the municipal taxes that the firm has to pay comes at around Q4 time.
They are planning to enter into new adjacent areas of small cells, IBS, etc. But any firm decision is yet to be arrived at. More color on this will be offered in the future quarter.
They are planning to negotiate with the customers w.r.t fixed energy cost as it will be beneficial for them financially. Energy costs are high for the company currently.
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