One of the world’s largest telecommunications infrastructure companies, Indus Towers, is set to enter the Nigerian market as part of its African expansion after deliberations by the company’s Board of Directors.
In addition to Nigeria, the company is also set to enter into Uganda and Zambia which it says offers attractive prospects for revenue diversification, operational scalability, and long-term value creation.
The Company, which is under Bharti Airtel, seeks to continue to evaluate expansion opportunities in other African markets where Airtel has an established presence.
This strategic direction also complements the Government of India’s broader vision of encouraging Indian enterprises to expand globally and evolve into multinational entities. The above is subject to necessary approvals and compliance with applicable laws and regulatory requirements.
Prachur Sah, Managing Director & CEO, Indus Towers noted “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.”
What Africa Stands to Gain
As one of the world’s largest tower infrastructure companies, Indus Towers has the expertise to accelerate the rollout of reliable 4G and 5G networks across the continent, helping to close coverage gaps that persist in many rural and underserved areas.
By enabling telecom operators to share infrastructure, the company can also reduce capital and operational costs, which may translate into more affordable services for consumers and create room for smaller operators to compete effectively. Indus’ expansion would also generate direct and indirect jobs through tower construction, maintenance, and supply chains, while also introducing training opportunities that build technical skills locally.
Greater access to affordable internet occasioned by the company will drive digital inclusion, supporting critical sectors such as mobile banking, e-commerce, healthcare, and education, in line with the African Union’s Digital Transformation Strategy for 2030.
The company’s presence would also signal renewed investor confidence in Africa’s digital economy, potentially attracting further foreign direct investment and fostering partnerships with local firms and governments.
