Telcos’ focus on densification of 4G network is unlikely to result in better top line for tower companies, a recent CRISIL report has suggested.
As telcos stress on densification of 4G, the replacement of 2G and 3G base transceiver station (BTS) or signal transmitters with 4G will slow down the net BTS additions to about 155,000 in fiscal 2020 from 275,000 in fiscal 2019.
The number of BTSs per tower is, however, expected to increase marginally to 3.85 this fiscal compared with 3.67 in fiscal 2019 on increased loading by telcos to increase their capacity per site. This will support