Indus Towers set to make debut into Nigeria, African markets

Indus Towers Limited, a leading provider of passive telecom infrastructure, has announced plans to enter the African market as part of its international expansion strategy.

The company’s Board of Directors approved the move at a meeting yesterday, underscoring its ambition to extend operations to high-growth regions. The first phase of this venture will focus on Nigeria, Uganda, and Zambia, which the company described as promising destinations for revenue diversification, operational scalability, and long-term growth.

“These markets offer attractive prospects for revenue diversification, operational scalability, and long-term value creation,” a company statement said.

Indus Towers intends to leverage its strong financial base and longstanding relationship with Bharti Airtel to establish a firm presence in these countries, pending regulatory approvals.

Managing Director and CEO Prachur Sah described the board’s decision as a significant step toward achieving sustainable expansion. “The Board’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 Africa’s fast-growing telecom market and emerge as the preferred tower company,” Sah stated.

With a network of 251,773 telecom towers, Indus Towers is one of India’s largest tower infrastructure providers, maintaining coverage across all 22 telecom circles.