Indus Towers pins hopes on 5G, data usage, Africa and UAE expansion

Indus Towers anticipates future revenue growth from 5G expansion, rising data usage, and international ventures in Africa and the UAE. The company confirmed stable customer payment flows, with no overdue receivables from Vodafone Idea, and noted healthy tenancy additions from the telco. The ongoing densification of 5G networks and increasing data consumption are expected to drive further tower growth.