Indian Telecom Tower Industry
The incredible growth in mobile phone subscribers in India over the previous few decades has created large possibilities in the telecommunications facilities market. The tower market is growing consistently with the effective support of the Govt. During the early decades, the cell phone operators were straight involved in the set up and maintenance of the ‘mobile towers’. Indian Telecommunications market is the 3rd biggest industry in the world & 2nd biggest among the Oriental growing financial systems. Among the 811.6 billion Wi-Fi subscribers in the India, 66 percent reside in towns sector & 34 percent originate from non-urban places. With low penetration in the rural areas which accounts for nearly 70% of the country’s total population, there remains a huge potential in non-urban front.
An Indian telecom tower market is an important component of telecommunications value chain. Telecom Tower market obtained its identification when the government introduced Facilities Provider Category – I in the middle of 2000 to art telecommunications infrastructure as a separate business structure. Wi-Fi telecommunications in India has seen fantastic development in the previous few decades with Wi-Fi usage increasing at a CAGR of more than 50 percent in the last 5 decades. As a result, the telecommunications tower market was also pressed into the greater development velocity. There was unbelievable development in “tower capacity” addition at a CAGR of above 30 percent during FY 2006 to FY 2012. Number of telecom towers in the nation improved from ~85,000 in the year of 2006 to ~400,000 these days. Fast development in ’2G subscribers’ & the objectives of 3G and 4G system development led to large potential build up in the ‘tower space’. However, the last few decades experienced a recession in the tower potential inclusion due to oversupply in city marketplaces and lack of stability in most of the non-urban areas.