Advent of 5G, pressure to deliver quality services to spur telecom tower growth: Indus CEO

New Delhi: The advent of 5G technology and competition between telecom operators to deliver high quality network experience provides a huge growth opportunity for tower companies, Bimal Dayal, CEO & MD of Indus Towers said.

“Globally, we are witnessing the advent of 5G and if you’ve read press releases, including one yesterday from Bharti Airtel, India is not expected to be far behind, we believe over the next 12 months the discussions on platforms, trials for use cases, discussion on spectrum availability and pricing will gather steam,” Dayal said during the company’s earnings call on Friday.

He was referring to Airtel’s demonstration of live 5G services on its commercial 4G network in Hyderabad using 1800 MHz band.