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Indus to invest over Rs 100 cr to set up 500 mobile towers

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Press Trust of India New Delhi
Telecom infrastructure major Indus Towers today said it plans to set up over 500 modern mobile towers with an investment of around Rs 100 crore in next 12 months.

"We have already invested around Rs 20-25 crore in setting up over 100 next generation mobile towers. They are future ready for projects like smartcities, can be used for street lighting, surveillance etc. We will be investing Rs 100 crore or more for setting up next 500 towers," Indus Towers CEO Bimal Dayal told reporters here.

The company has come up with new designs of mobile towers that can be camouflaged with surroundings where they are installed.
 

"We will be setting up next 500 towers across 50 cities. The new designs will camouflage mobile towers. There are compact designs, palm tree design, standalone poles etc and in some cases it may not be easy to identify them. They will have diesel-free power back-up," Indus Towers Chief Operating Officer Tejinder Kalra said.

The company has installed more than 100 new-age mobile towers across 20 cities, inclduing Delhi NCR, Mumbai, Pune, Hyderabad, Kolkata and Mysore.

"These next generation mobile towers have helped us in securing new sites where space is left and cities where it is difficult to get new sites. The ground base required for these towers is about 80-90 per cent less compared to traditional sites," Indus Towers Chief Sales and Marketing Officer Sameer Sinha said.

Indus Towers is a joint venture between Airtel, Vodafone and Idea. It is world's largest mobile tower company with 1,21,330 towers. The company operates in 15 of 22 telecom circles in the country.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Nov 29 2016 | 5:13 PM IST

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