rs,
uncement. Present with us on the call today are the Chairman and Independent Director of Indus Towers, Mr. N Kumar along with the senior leadership team of Indus Towers, Mr. Bimal Dayal, MD & CEO, Mr. V
Rs 1,53,173 Crore
e important for 5G services. The Government of India has received a total bid amount of a whopping Rs 1,53,173 Crores with 51,235 MHz spectrum sold out, out of the total of 72,098 MHz spectrum on the offer. Also, th
70 million
atistics mentioned in Ericsson Mobility report. As per the report, global 5G subscriptions grew by 70 million in March quarter to 620 million and are expected to reach around 4.4 billion by the end of 2027. Ad
620 million
Mobility report. As per the report, global 5G subscriptions grew by 70 million in March quarter to 620 million and are expected to reach around 4.4 billion by the end of 2027. Additionally, the number of comme
4.4 billion
subscriptions grew by 70 million in March quarter to 620 million and are expected to reach around 4.4 billion by the end of 2027. Additionally, the number of commercial 5G service providers also increased fro
40%
ember 2021 to 210 by March 2022. The report also estimates that 5G penetration in India will reach 40% to 500 million subscriptions by 2027. This was about the 5G story; however, the inherent demand w
500 million
021 to 210 by March 2022. The report also estimates that 5G penetration in India will reach 40% to 500 million subscriptions by 2027. This was about the 5G story; however, the inherent demand which comes from
36%
base remains robust. The total data consumed across top three operators combined grew by a healthy 36% year-on-year in Q4 FY2022. The average data consumed per user per month across top three operators
30%
oss top three operators stood at more than 18 GB in Q4 FY 2022 exhibiting a year-on-year growth of 30%. The rapid growth in data consumption coupled with continued migration to 4G and 5G is expected to
9%
of their sites expiring between March 2022 and March 2023. They retain the option of exiting up to 9% sites without exit charges or renewing all or part of the sites at a future date. Vikas will be sh
3.0%
towers and co-locations at the end of Q1 were at 186,474 and 336,382 respectively each growing by 3.0% and 3.4% year-on-year basis. We expect this demand to increase further. In continuation with our c
3.4%
nd co-locations at the end of Q1 were at 186,474 and 336,382 respectively each growing by 3.0% and 3.4% year-on-year basis. We expect this demand to increase further. In continuation with our commentary