Summary:
Bharti Airtel’s CEO Gopal Vittal recently described Indus Towers as a “very clearly undervalued” asset — citing its importance for network infrastructure, strong dividend potential, and strategic value. Despite some drop in Indus Towers’ net profit in the latest quarter, Airtel is confident about its long-term advantage and has taken steps to increase its stake.
Bharti Airtel views Indus Towers as a highly undervalued company, calling it a crucial infrastructure play and a strong dividend-paying asset. In Q2 FY26, Indus Towers reported a 10% revenue growth, but its net profit fell by 17% to ₹1,839 crore. Despite this, Airtel believes that Indus Towers’ long-term prospects remain strong because of the growing demand for telecom infrastructure in India.
Airtel has taken an “enabling provision” to acquire an additional 5% stake in Indus Towers, signaling confidence in the company’s future. Vittal emphasized that Indus is not only instrumental for Airtel’s network but also offers attractive returns via dividends.
On the Indus Towers side, their CEO Prachur Sah highlighted that the company continues to add towers steadily and is focusing on cost efficiency, while also exploring growth opportunities like expansion into Africa.
