Bharti Infratel to ramp up tower network

Last Updated: Fri, Dec 07, 2012 07:40 hrs

pBharti Infratel Limited the mobile tower arm of Bharti Airtel Limited is planning to invest Rs 1100 crore to set up around 4800 new towers and to upgrade its network services The investment would be made over the next 30 monthsppIndia has a total 376000 towers of which the company has 80656 towers Bharti Infratel and Indus Towers have a combined market share of 378 per cent in the telecom towers space Rakesh Bharti Mittal chairman of Bharti Group said here on ThursdayppThe company is bullish on the growth of data usage in the telecom sector backed by the roll-out of 3G and 4G services &ldquoData usage is seeing a growth of around 25 per cent quarter-on-quarter and increased 3G and 4G users will lead to exponential growth in the total data consumption&rdquo he saidppThe 3G data demand is expected to increase at a CAGR of 104 per cent to 1427 million GBs giga byte per year in the financial year 2017 from an estimated 20 million GBs per year currently he saidp

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