Akhil Gupta, vice chairman & managing director, Bharti Infratel, says 3G and 4G growth will improve demand for telecom towers in India.
“With regulatory environment in telecom showing signs of settling down, focused roll out approach by new operators, faster 3G rollouts by existing operators as a result of strong data growth across the country plans to roll out 4G during the year, we expect deployment and hence infrastructure sharing to pick up in the coming quarters,” Gupta added.
Meanwhile, Bharti Infratel’s revenue rose 9 percent to Rs 2,622 crore in the first quarter ended June 30, 2013.
Profit increased 68 percent to Rs 358 crore.
Operating free cash flow for the quarter increased 65 percent on account of higher operating income and lower capex in the current quarter.
