Delhi, India -- (SBWIRE) -- 09/08/2010 -- The future of telecom industry in India is very bright – the way it has risen over the past few years, entry of dozens of new local and foreign players, the stiff competition, day to day new plans to woo the customers and many others. The series doesn’t seem to end one after one company are launching their telecom services.

The telecom towers business in India is lucrative with long-term growth prospects. Growth in telecom subscribers, falling average revenue per user (ARPU) and increasing teledensity are driving growth of telecom towers in India. The market is expected to witness 17% p.a. growth from 2008-2015 with the estimated requirement of 554,000 towers by 2015. The market size of the telecom tower industry of India is about INR 775bn (as of 2008).

In the year 2008 around 182,000 more towers were needed and this requirement is expected to climb up to 554,000 by the year 2015, which is a sharp 17% increase in the tower requirements. This clearly shows how much opportunity is present in the Indian Telecom Tower industry. Indus Tower has maximum Market Share among the major Tower companies in India in Telecom Industry and using 80000 approximate numbers of towers and then Reliance has maximum market share with uses of 31000 towers and then Bharti Infratel has market share with 20000 towers.

The telecom operators’ growth in India is mainly dependant on the increase in subscriber base, so the way to increase the subscriber base is through larger investments in the Tower industry and as seen it is an absolute necessity.

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