Telecom minister Kapil Sibal was quoted saying, at an event, that he is pushing for telecom towers to obtain infrastructure status.
Such a status would allow towercos to more easily obtain financing as well as tax incentives, newspapers…
Telecom minister Kapil Sibal was quoted saying, at an event, that he is pushing for telecom towers to obtain infrastructure status.
Such a status would allow towercos to more easily obtain financing as well as tax incentives, newspapers explained.
Recently, several telecom tower companies have been looking to raise financing, either via loans, stake sales or IPOs, in this very capital intensive industry.
TowerVision is reportedly considering selling a stake in itself while Bharti Infratel might be listed next year.
