Board approves international foray starting with Nigeria, Uganda, and Zambia; aims to leverage Airtel partnership and India’s global enterprise vision.
Indus Towers Limited, India’s leading telecom infrastructure provider, has taken a decisive step toward global expansion. In a board meeting held earlier today, the company approved its strategic entry into select African markets, beginning with Nigeria, Uganda, and Zambia.
“The Board’s approval to enter international markets in Africa unlocks our vision for long-term sustainable growth and value creation for our shareholders,” said Prachur Sah, Managing Director & CEO, Indus Towers. “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.”
This move marks Indus Towers’s first international venture, driven by the growth potential in emerging geographies and the opportunity to diversify revenue streams. The company plans to capitalize on its strong financial foundation and long-standing relationship with anchor client Bharti Airtel, which already has a significant presence in these regions.
The expansion aligns with the Government of India’s broader vision of encouraging Indian enterprises to evolve into global players. Indus Towers will continue to explore further opportunities in other African markets where Airtel operates, subject to regulatory approvals and compliance.