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Has Bharti Infratel Now Become A Dividend Play?
The company’s tenancy ratio dropped below 2 for the three months ended December 2018.
06 May 2019, 10:37 AM IST
There are now more tower companies in India than there are telecom service providers. And that’s telling on the country’s largest tower player.In the last six quarters, India’s largest telecom tower company, Bharti Infratel Ltd., lost more than 47,300 tenancies, bringing down total tenancies on its network to the lowest in the last five years.The company’s tenancy ratio dropped below 2 in the three months ended December 2018—the firs...
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