Telecom tower valuations spike
Bharti took the lead by unlocking value in its tower arm, Infratel, in a billion dollar transaction. This showed the way for others like Reliance Communication and Idea to also divest stakes. But the power of these towers are all set to multiply. Their valuations set to jump. The new 3G policy and the soon-to-be finalised MVNO recommendations would mean there will be many new tenants for these critical backbone support.
