Telecom tower firms will grow 8-10%: Moody's
Telecom tower companies in India will post a revenue growth of 8-10% over the next one to two years as mobile operators are expanding their 3G and 4G footprint, ratings agency Moody's Investors Service said on Tuesday. Further, mobile operators are looking to sell their towers and use the proceeds to fund capital expenditure and reduce debt, it added. 