Gurugram: Indus Towers Limited has announced that its Board of Directors has approved the company’s expansion into international markets, marking a significant step in its growth strategy.
The decision was taken at a board meeting where members reviewed opportunities to strengthen the company’s global presence.
Indus Towers Expands Footprint into Africa
As part of this strategy, the company will enter the African market, beginning with Nigeria, Uganda, and Zambia.
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These regions have been identified as high-potential geographies offering opportunities for revenue diversification, operational scalability, and long-term value creation.
The company plans to build on its robust financial position and long-standing partnership with Bharti Airtel to establish a competitive presence in these markets.
The expansion into Africa also aligns with the Government of India’s broader vision to encourage Indian enterprises to expand globally and evolve into multinational entities.
The company confirmed that the foray is subject to all necessary approvals and compliance with local laws and regulatory frameworks.
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Commenting on the development, Prachur Sah, Managing Director & CEO of Indus Towers, said: “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.”
Indus Towers further noted that it will continue to explore opportunities in other African nations where Airtel has a presence, reinforcing its commitment to becoming a global telecom infrastructure leader.
