Looking at the future prospects of BSNL/MTNL and the government not keen on giving them 5G licenses, I see only Jio and Bharti airtel (if at all Vodafone pulls out of the market) taking bulk of the share. In such case, how Indus will be able to monetize by purchasing these towers which are predominantly used by BSNL/MTNL when they continue to lose market share and become irrelevant in the market?
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