Telecom towers are critical installations on which the backbone of mobile communication rests. These are essential for realising the vision of inclusive growth. The success of initiatives like Digital India, Smart Cities and Right to Broadband, which the government intends to implement in a mission mode, will also depend on this critical and essential infrastructure.
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Data to accelerate expansion of mobile telephony
Granting of infrastructure status to the telecom tower industry has resulted in varied financial benefits. External commercial borrowing rates have improved. However, lower import duties and accelerated depreciation benefits are yet to be realised.
Towering Heights
In India, for every 10 per cent of the population using basic services such as voice and SMS, the national GDP increases by 0.5 per cent; a similar expansion of Internet and other non-voice communication or data adds 1 per cent to GDP, according to government figures available with the country´s Department of Telecommunications (DoT).