Indus Towers to enter African markets, begins with Nigeria, Uganda, Zambia
Indus Towers has introduced a significant worldwide push, with its board approving the corporate’s entry into choose African markets. The tower infrastructure agency will start operations in Nigeria, Uganda, and Zambia, marking its first growth outdoors India. In a inventory change submitting, the corporate mentioned: “Recognising the expansion potential in rising geographies, the Board has accepted the Firm’s foray into African markets, starting with Nigeria, Uganda, and Zambia.”
Enlargement and robust funds
Indus Towers plans to leverage its strong monetary place and long-standing partnership with Bharti Airtel, which is able to function its anchor buyer in Africa. The corporate reported Rs 1,570 crore in free money movement for the quarter ending June 2025, supported by regular funds from Vodafone Thought, which has largely cleared previous dues.
Regardless of this sturdy efficiency, the corporate withheld dividends for shareholders in current quarters, citing the necessity to retain money for inorganic development alternatives and excessive capital expenditure commitments. The African growth is a direct end result of this technique.
Why Africa?
Indus Towers highlighted that African markets provide engaging prospects for income diversification, operational scalability, and long-term worth creation. The corporate intends to start with Nigeria, Uganda, and Zambia however will proceed to evaluate different African markets the place Airtel has a powerful presence.
The corporate additionally pressured that its entry stays topic to regulatory approvals and compliance with native legal guidelines in every nation.
Airtel and African markets
Bharti Airtel serves over 169 million clients throughout 14 nations. Its established presence in key African markets gives Indus with an instantaneous development platform. Till now, American Tower Company (ATC) has been the first supplier of passive infrastructure for Airtel Africa, with a strategic partnership signed in 2022. Indus Towers goals to strengthen Airtel’s community rollout whereas additionally competing for alternatives to diversify its buyer base over time.
Commenting on the transfer, Prachur Sah, Managing Director & CEO of Indus Towers, mentioned the growth aligns with the corporate’s imaginative and prescient of constructing sustainable long-term development and shareholder worth.
“By leveraging our experience in delivering progressive and cost-effective options, we’re well-positioned to distinguish ourselves in Africa’s fast-growing telecom market and emerge as the popular tower firm,” Sah famous.
Indus Towers in India
Again house, Indus stays one of many largest telecom tower infrastructure suppliers in India. The corporate operates over 2.51 lakh towers throughout all 22 telecom circles, serving each main wi-fi telecom operator within the nation.
With this worldwide growth, Indus Towers is trying to steadiness its dominant home place with a powerful foothold in high-growth abroad markets.
