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印度塔可能受益于救援包很快:分析师
分析师说,六世的下一轮投资扩大其4 g基站的迷宫在边际成本可能会装船费用,租赁和潜在扩张从未来5 g辊出局也至少需要2 - 3年时间,进一步排除任何物质利益印度河在短期内。
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印度塔不讨好立即从最近的救援方案的有益影响关键客户沃达丰的想法(Vi)仍然需要结合早期资金和资本支出花费高额关税上调迎头赶上,分析师表示。
分析师说,六世的下一轮投资扩大的迷宫4 g基站在边际成本可能会装船费用,租赁和潜在扩张从未来5 g辊出局也至少2 - 3年时间,进一步排除任何物质利益印度河在短期内。
印度工业信贷投资银行证券印度塔说:“最坏的情况下一直避免剩下第六(客户端)持续经营”后电信救援包。但Vi,它说,“仍有很长的路要走,因为它需要股本注入和一个重要的关税上调对资本支出迎头赶上,“这就是为什么券商并不认为“任何实惠短期内印度”。
FY21年度报告,印度塔曾表示“任何财务状况恶化”等大客户的Vi由于竞争加剧或后者无法筹集更多的资金可以影响他们支付基础设施服务的能力,这反过来会影响电信塔公司的收入、现金流和整体财务状况。
179225年印度塔,塔,同比下降了1%的年度税后利润(帕特在财政FY21 4975。1卢比)年收入25673卢比。
分析师说,六世的下一轮投资扩大的迷宫4 g基站在边际成本可能会装船费用,租赁和潜在扩张从未来5 g辊出局也至少2 - 3年时间,进一步排除任何物质利益印度河在短期内。
印度工业信贷投资银行证券印度塔说:“最坏的情况下一直避免剩下第六(客户端)持续经营”后电信救援包。但Vi,它说,“仍有很长的路要走,因为它需要股本注入和一个重要的关税上调对资本支出迎头赶上,“这就是为什么券商并不认为“任何实惠短期内印度”。
179225年印度塔,塔,同比下降了1%的年度税后利润(帕特在财政FY21 4975。1卢比)年收入25673卢比。
Indus Towers<\/a> is unlikely to gain much immediately from the beneficial impact of the recent relief package as key customer Vodafone Idea<\/a> (Vi) still needs a combination of early funding and a hefty tariff hike to catch up on capex spends, analysts said.
Analysts added that Vi's next round of investments in expanding its maze of 4G<\/a> base stations are likely to come at marginal costs by way of loading charges, and potential tenancy expansions from future 5G roll outs too are at least 2-3 years away, further ruling out any material benefits for Indus in the near term.
ICICI Securities<\/a> said \"the worst case for Indus Towers has been averted with (client) Vi remaining a going concern\" after the telecom relief package<\/a>. But, Vi, it said, \"still has a long way to go as it needs equity infusion and a significant tariff hike for catching up on capex,\" which is why the brokerage does not see \"any material benefit to Indus in the near term\".
Analysts added that Vi's next round of investments in expanding its maze of 4G<\/a> base stations are likely to come at marginal costs by way of loading charges, and potential tenancy expansions from future 5G roll outs too are at least 2-3 years away, further ruling out any material benefits for Indus in the near term.
ICICI Securities<\/a> said \"the worst case for Indus Towers has been averted with (client) Vi remaining a going concern\" after the telecom relief package<\/a>. But, Vi, it said, \"still has a long way to go as it needs equity infusion and a significant tariff hike for catching up on capex,\" which is why the brokerage does not see \"any material benefit to Indus in the near term\".
<\/div><\/div>In its FY21 annual report, Indus Towers had said \"any deterioration in the financial health\" of large customers like Vi due to increased competition or the latter's inability to raise further funds can affect their ability to pay for infrastructure services, which, in turn, would adversely affect the telecom tower company's revenues, cash flows and overall financial condition.
Indus Towers, with 179,225 towers, had reported a 1% on-year dip in its annual profit after tax (PAT<\/a>) in fiscal FY21 to Rs 4,975.1 crore on annual revenues of Rs 25,673 crore.
<\/div><\/div>
Indus Towers, with 179,225 towers, had reported a 1% on-year dip in its annual profit after tax (PAT<\/a>) in fiscal FY21 to Rs 4,975.1 crore on annual revenues of Rs 25,673 crore.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","centre":{"minfo":"ETD","minfoseo":"etd"},"NumberOfSentences":{"minfo":"6.0","minfoseo":"6-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1632709741114","minfoseo":"1632709741114"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"PageNo":{"minfo":"6.0","minfoseo":"6-0"},"HashCode":{"minfo":"-1899238719","minfoseo":"-1899238719"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"EPAPERDATE":{"minfo":"2021-09-27 00:00:00.0","minfoseo":"2021-09-27-000000-0"},"canonicalURL":{"minfo":"https:\/\/economictimes.indiatimes.com\/industry\/telecom\/indus-towers-unlikely-to-benefit-from-relief-package-soon-analysts\/articleshow\/86544907.cms","minfoseo":"https\/economictimes-indiatimes-com\/industry\/telecom\/indus-towers-unlikely-to-benefit-from-relief-package-soon-analysts\/articleshow\/86544907-cms"},"NumberOfCharacters":{"minfo":"1499.0","minfoseo":"1499-0"},"NumberOfWords":{"minfo":"256.0","minfoseo":"256-0"},"key":{"0":{"keyid":"6375231","value":"indus towers","smid":"0","keynameseo":"indus-towers","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"6634874","value":"Vodafone Idea news","smid":"0","keynameseo":"Vodafone-Idea-news","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"12004406","value":"vodafone idea","smid":"0","keynameseo":"vodafone-idea","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"6307125","value":"Telecom relief package","smid":"0","keynameseo":"Telecom-relief-package","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"6453959","value":"pat","smid":"0","keynameseo":"pat","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"46909","value":"icici securities","smid":"0","keynameseo":"icici-securities","keytype":"","keycount":"totalcount","weightage":"20"},"7":{"keyid":"122479","value":"4G","smid":"0","keynameseo":"4G","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Kalyan Parbat","aunameseo":"kalyan-parbat","artauid":"4437","artauemail":"kalyan.kpt@gmail.com","auselfimageid":"4437","auimageid":"004437","auimagelen":"33990","auFullName":"Kalyan Parbat","pubname":"ET","designame":"Assistant Telecom Editor at the Level of Senior Assistant Editor","audetailsxml":{"authordetails":"I have been tracking the telecoms industry for over two decades at ET, and still get a thrill breaking a big one. There's never really a dull moment in telecom, and the diversity of the beat in terms of corporate, regulatory, tech, consumer, brand and legal elements keeps the adrenalin running. Besides telecoms, I love my jazz, old John Ford westerns and plumbing the depths of Sherlockian lore to keep the inspiration flowing. Email : kalyan.parbat@timesgroup.com. Twitter : @kalyanparbatET","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}},"similarlytagged":[{"msid":"96778584","stname":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","artsyn":"Co-promoted by the UK's Vodafone Plc and India's Aditya Birla Group (ABG), Vi needs the cash quickly as its dues to Indus have mounted to around Rs 7,500 crore. It has given a commitment to the tower company to pay 100% of its current dues from January onwards, and also clear its outstanding as of December 31, 2022, over seven months, starting this month.","seolocation":"telecomnews\/vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans","seolocationalt":"Vodafone Idea calls banks for Rs 7,000 crore emergency loans","url_seo":"vodafone-idea-calls-banks-for-rs-7000-crore-emergency-loans"},{"msid":"96750776","stname":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","artsyn":"In a recent letter to Doraiswami, the UK India Business Council has said that conversion delay by India\u2019s Department of Telecommunications (DoT) \u2014 despite a written clearance by the finance ministry and support of the Prime Minister\u2019s Office \u2014 has hurt the cash-strapped Vodafone Idea\u2019s operations as it wasn\u2019t able to raise funds.","seolocation":"telecomnews\/uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion","seolocationalt":"UK-India trade body dials Indian envoy on Vodafone Idea equity conversion","url_seo":"uk-india-trade-body-dials-indian-envoy-on-vodafone-idea-equity-conversion"},{"msid":"96723775","stname":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","artsyn":"Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.","seolocation":"telecomnews\/no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash","seolocationalt":"'No govt stake deal in Vodafone Idea until promoters infuse enough cash'","url_seo":"no-govt-stake-deal-in-vodafone-idea-until-promoters-infuse-enough-cash"},{"msid":"96713122","stname":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","artsyn":"Abhishek will take up the role from January 3, 2023, subject to approval of shareholders, for a term of five years till January 2, 2028, the tower company said in its BSE filings.","seolocation":"telecomnews\/indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director","seolocationalt":"Indus Towers names ex- bureaucrat Ramesh Abhishek as Independent Director","url_seo":"indus-towers-names-ex-bureaucrat-ramesh-abhishek-as-independent-director"},{"msid":"96517794","stname":"Telecom infrastructure firms seek Rs 18,000-crore input tax credit refund","artsyn":"\"The total amount stuck with the government because of the denial of input tax credit on equipment at telecom towers amounting to about Rs 18,000 crores, is causing huge financial burden on the infrastructure industry,\" Tilak Raj Dua, director general, Digital Infrastructure Providers Association (DIPA) told ETTelecom.","seolocation":"telecomnews\/telecom-infrastructure-firms-seek-rs-18000-crore-input-tax-credit-refund","seolocationalt":"Telecom infrastructure firms seek Rs 18,000-crore input tax credit refund","url_seo":"telecom-infrastructure-firms-seek-rs-18000-crore-input-tax-credit-refund"},{"msid":"96450690","stname":"Indus Towers appoints Prachur Sah as MD & CEO","artsyn":"The appointment, subject to the approval of the company's shareholders, comes after the previous managing director and CEO, Bimal Dayal resigned from the post to join Adani Transmission as the CEO from October 1.","seolocation":"telecomnews\/indus-towers-appoints-prachur-sah-as-md-ceo","seolocationalt":"Indus Towers appoints Prachur Sah as MD & CEO","url_seo":"indus-towers-appoints-prachur-sah-as-md-ceo"},{"msid":"96159448","stname":"Fund infusion by January-February must for Vodafone Idea survival, say government officials","artsyn":"The concerns about the carrier have been made worse as government has had no indication of fresh promoter-level equity infusion into Vi, without which it is difficult to go ahead with the conversion into equity of the telco\u2019s Rs 16,130-crore accrued interest on deferred adjusted gross revenue (AGR)-related dues.","seolocation":"telecomnews\/fund-infusion-by-january-february-must-for-vodafone-idea-survival-say-government-officials","seolocationalt":"Fund infusion by January-February must for Vodafone Idea survival, say government officials","url_seo":"fund-infusion-by-january-february-must-for-vodafone-idea-survival-say-government-officials"},{"msid":"96056671","stname":"Indus board OKs upto Rs 1,500 cr fundraise via NCDs in 3 tranches","artsyn":"\u201c..the committee of directors for fund raising at their meeting today has inter-alia, approved the allotment of 15,000 rated, listed, unsecured, redeemable non-convertible debentures of face value of Rs 10,00,000 each in three series, aggregating upto Rs 1,500 crore on private placement basis,\u201d Indus said in a Wednesday afternoon exchange filing.","seolocation":"telecomnews\/indus-board-oks-upto-rs-1500-cr-fundraise-via-ncds-in-3-tranches","seolocationalt":"Indus board OKs upto Rs 1,500 cr fundraise via NCDs in 3 tranches","url_seo":"indus-board-oks-upto-rs-1500-cr-fundraise-via-ncds-in-3-tranches"},{"msid":"95777363","stname":"Indus board clears upto Rs 1500 cr fundraise via NCD issue","artsyn":"\u201cThe board-constituted committee of directors for fund raising in its meeting held today, has, inter alia, approved the offering of NCDs of total up to Rs 1,500 crore (base issue size of Rs 1,000 crore and green shoe option of up to an additional Rs 500 crore) in three series, on private placement basis,\u201d Indus said in a late Friday evening exchange filing.","seolocation":"telecomnews\/indus-board-clears-upto-rs-1500-cr-fundraise-via-ncd-issue","seolocationalt":"Indus board clears upto Rs 1500 cr fundraise via NCD issue","url_seo":"indus-board-clears-upto-rs-1500-cr-fundraise-via-ncd-issue"},{"msid":"95519281","stname":"Telecom infrastructure companies to share assets with notified entities","artsyn":"The norms amended on November 10 added that \"IP-1 registration holders shall also share the above mentioned infrastructure with the entities as may be specified by the central government\". Digital Infrastructure Providers Association, which represents companies like Indus Towers and American Tower Corporation, said the amendment in the Scope of IP-1 registration has been addressed with regards to implementation of National Cyclone Risk Mitigation project and ensuring safety of the citizens.","seolocation":"telecomnews\/telecom-infrastructure-companies-to-share-assets-with-notified-entities","seolocationalt":"Telecom infrastructure companies to share assets with notified entities","url_seo":"telecom-infrastructure-companies-to-share-assets-with-notified-entities"},{"msid":"95344705","stname":"Without fundraising, Vodafone Idea may face Rs 6,400-cr cash shortfall by September, say analysts","artsyn":"\u201cPer the company (read Vi), $1.2 billion (Rs 9,600 crore) of debt is payable by Sep '23, while gross cash balance as of Sep '22 is Rs 200 crore\u2026 So without a capital raise, ARPU for Vi will have to rise by Rs 35 for the company to be able to meet its immediate repayment needs by Sep '23 (including capex, debt and interest expenses),\u201d Goldman Sachs said in a note.","seolocation":"telecomnews\/without-fundraising-vodafone-idea-may-face-rs-6400-cr-cash-shortfall-by-september-say-analysts","seolocationalt":"Without fundraising, Vodafone Idea may face Rs 6,400-cr cash shortfall by September, say analysts","url_seo":"without-fundraising-vodafone-idea-may-face-rs-6400-cr-cash-shortfall-by-september-say-analysts"},{"msid":"95311421","stname":"No response on equity conversion from Centre: Vodafone Idea","artsyn":"\u201cWe have had no communication from the Department of Telecommunications (DoT) since April when there was an agreement on the amount to be converted\u2026,\u201d Vodafone Idea CEO Akshaya Moondra said on Friday.","seolocation":"telecomnews\/no-response-on-equity-conversion-from-centre-vodafone-idea","seolocationalt":"No response on equity conversion from Centre: Vodafone Idea","url_seo":"no-response-on-equity-conversion-from-centre-vodafone-idea"},{"msid":"95232148","stname":"Wireless licensing reforms will facilitate faster 5G infrastructure deployment: DIPA","artsyn":"\u201cThe reforms are in line with the Indian government\u2019s vision for a robust network technology for the wide deployment of 4G and 5G technology to connect all regions of India and bridging the digital divide,\u201d said T R Dua, Director-General of DIPA whose members include Indus Towers, ATC Telecom, Tower Vision, Summit Digitel, among others.","seolocation":"telecomnews\/wireless-licensing-reforms-will-facilitate-faster-5g-infrastructure-deployment-dipa","seolocationalt":"Wireless licensing reforms will facilitate faster 5G infrastructure deployment: DIPA","url_seo":"wireless-licensing-reforms-will-facilitate-faster-5g-infrastructure-deployment-dipa"},{"msid":"95224474","stname":"Airtel revenue growth over FY22-24 expected to grow 22% annually: Goldman","artsyn":"They added that Airtel\u2019s 4% qoq \/ 25% yoy India mobile business revenue growth in the September quarter compares favourably with Jio\u2019s 3% qoq \/ 20% yoy levels as the latter includes home broadband customers, which Airtel reports separately under the homes segment.","seolocation":"telecomnews\/airtel-revenue-growth-over-fy22-24-expected-to-grow-22-annually-goldman","seolocationalt":"Airtel revenue growth over FY22-24 expected to grow 22% annually: Goldman","url_seo":"airtel-revenue-growth-over-fy22-24-expected-to-grow-22-annually-goldman"},{"msid":"95217352","stname":"No bar on govt taking equity in company even if shares below par value: Vodafone Idea","artsyn":"\u201cWe have come across certain media reports incorrectly alluding to below par share price as the reason for delay in VIL\u2019s Govt. equity conversion. We wish to clarify that there is no such guideline that prohibits the Government from taking equity if company\u2019s current share value is less than par value,\u201d the Indian joint venture between UK\u2019s Vodafone Group Plc and the Aditya Birla Group said.","seolocation":"telecomnews\/no-bar-on-govt-taking-equity-in-company-even-if-shares-below-par-value-vodafone-idea","seolocationalt":"No bar on govt taking equity in company even if shares below par value: Vodafone Idea","url_seo":"no-bar-on-govt-taking-equity-in-company-even-if-shares-below-par-value-vodafone-idea"},{"msid":"95177713","stname":"Vodafone Idea equity conversion delayed due to stock price being under par value of Rs10: Indus Towers","artsyn":"The equity conversion, which will give the government a 33% stake and make it the largest single shareholder in Vi, is vital for the cash-strapped telco to conclude its much delayed Rs 20,000 crore fundraise via a mix of debt and equity, especially as potential investors want clarity on this issue. Vi also needs cash urgently to clear its massive vendor dues, including around Rs 7,000 crore to Indus Towers alone.","seolocation":"telecomnews\/vodafone-idea-equity-conversion-delayed-due-to-stock-price-being-under-par-value-of-rs10-indus-towers","seolocationalt":"Vodafone Idea equity conversion delayed due to stock price being under par value of Rs10: Indus Towers","url_seo":"vodafone-idea-equity-conversion-delayed-due-to-stock-price-being-under-par-value-of-rs10-indus-towers"},{"msid":"95155076","stname":"Indus Towers expects Vodafone Idea to stick to payment plan cleared by its board","artsyn":"Last week, Vi\u2019s board cleared the issue of rupee-denominated, optionally convertible, unsecured, unrated and unlisted debentures (OCDs) to ATC Telecom Infrastructure Pvt. Ltd (ATC) to raise Rs 1,600 crore, which the loss-making telco would use to repay dues to the US tower company.","seolocation":"telecomnews\/indus-towers-expects-vodafone-idea-to-stick-to-payment-plan-cleared-by-its-board","seolocationalt":"Indus Towers expects Vodafone Idea to stick to payment plan cleared by its board","url_seo":"indus-towers-expects-vodafone-idea-to-stick-to-payment-plan-cleared-by-its-board"},{"msid":"95135451","stname":"Indus shares slump as Vodafone Idea woes hit Q2","artsyn":"Indus Towers shares were subsequently trading at Rs 187.30, down 1.94% on BSE around noon.","seolocation":"telecomnews\/indus-shares-slump-as-vodafone-idea-woes-hit-q2","seolocationalt":"Indus shares slump as Vodafone Idea woes hit Q2","url_seo":"indus-shares-slump-as-vodafone-idea-woes-hit-q2"},{"msid":"95013040","stname":"Indus board meet on Oct 27 to consider fundraise via issue of NCDs","artsyn":"\u201cThe board of directors of the company in its meeting scheduled to be held on Thursday, October 27, inter alia, will consider the proposal for raising of funds through issuance of non-convertible debentures (NCDs) on private placement basis,\u201d Indus Towers said in an exchange filing late Thursday night.","seolocation":"telecomnews\/indus-board-meet-on-oct-27-to-consider-fundraise-via-issue-of-ncds","seolocationalt":"Indus board meet on Oct 27 to consider fundraise via issue of NCDs","url_seo":"indus-board-meet-on-oct-27-to-consider-fundraise-via-issue-of-ncds"},{"msid":"94988645","stname":"Telcos' FY2Q to benefit from lower SUC: Analysts","artsyn":"Reliance Jio is expected to have stronger customer additions, as compared to a modest estimate for Bharti Airtel, while Vodafone Idea will continue to lose users, say analysts.","seolocation":"telecomnews\/telcos-fy2q-to-benefit-from-lower-suc-analysts","seolocationalt":"Telcos' FY2Q to benefit from lower SUC: Analysts","url_seo":"telcos-fy2q-to-benefit-from-lower-suc-analysts"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"6375231","value":"indus towers","smid":"0","keynameseo":"indus-towers","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"6634874","value":"Vodafone Idea news","smid":"0","keynameseo":"Vodafone-Idea-news","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"12004406","value":"vodafone idea","smid":"0","keynameseo":"vodafone-idea","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6307125","value":"Telecom relief package","smid":"0","keynameseo":"Telecom-relief-package","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6453959","value":"pat","smid":"0","keynameseo":"pat","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354887","value":"Industry","smid":"0","keynameseo":"Industry","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"46909","value":"icici securities","smid":"0","keynameseo":"icici-securities","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"122479","value":"4G","smid":"0","keynameseo":"4G","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Telecom relief package"},{"name":"Vodafone Idea news"},{"name":"icici securities"},{"name":"vodafone idea"},{"name":"indus towers"},{"name":"Industry"},{"name":"pat"},{"name":"4G"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["indus towers","Vodafone Idea news","vodafone idea","Telecom relief package","pat","Industry","icici securities","4G"],"filterTags":[]},"breadcrumbTags":["indus towers","Vodafone Idea news","vodafone idea","Telecom relief package","pat","Industry","icici securities","4G"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/indus-towers-unlikely-to-benefit-from-relief-package-soon-analysts\/86545263"}" data-news-images="null" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
