GTL Infrastructure
GTL Infra is the leader amongst independent tower operators. It is going to be major beneficiary as it leases land to build multi-tenant towers on and sells space on the towers through long-term leases to cellular operators. The company’s main growth is expected to come from rural rollout by the telecom companies.
XL Telecom
Though the income from telecom segment has come down in recent past, the company’s energy business has good expansion plans including the expansion in solar module manufacturing capacity. Solar power generation business enjoys higher operating profit margin and as the contribution of power segment in the top line would increase, overall profitability of the business is likely to improve.
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