Indus Towers Limited has announced a major step in expanding its business brand in African markets.

This follows a meeting held earlier in the day, which reviewed and deliberated on strategic opportunities to expand the Companyโ€™s footprint across select international markets.

Recognizing the growth potential in emerging geographies, the Board has approved the Companyโ€™s foray into African markets, beginning with Nigeria, Uganda, and Zambia, markets that offer attractive prospects for revenue diversification, operational scalability, and long-term value creation.

The Company is expected to leverage on its robust financial position and anchor customer relationship with Bharti Airtel to establish a strong and competitive presence in these regions.

As part of its broader growth strategy, the Company will continue to evaluate expansion opportunities in other African markets where Airtel has an established presence.

This strategic direction also complements the Government of Indiaโ€™s broader vision of encouraging Indian enterprises to expand globally and evolve into multinational entities.

The Boardโ€™s approval to enter international markets in Africa unlocks our vision for long-term sustainable growth and value creation for our shareholders. By leveraging our expertise in delivering innovative and cost-effective solutions, we are well-positioned to differentiate ourselves in Africaโ€™s fast-growing telecom market and emerge as the preferred tower company,โ€Prachur Sah, Managing Director & CEO, Indus Towers stated.

Indus Towers Limited is Indiaโ€™s leading provider of passive telecom infrastructure, and it deploys, owns and manages telecom towers and communication structures, for various mobile operators. The Companyโ€™s portfolio of 251,773 telecom towers makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles.

The company also caters to all wireless telecommunication service providers in India.

The Company has also been the industry pioneer in adopting green energy initiatives for its operations.


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