Indus Towers said the telecom tower company will expand its footprint into select international markets, starting with Africa.
The Board of Indus Towers reviewed global growth opportunities and approved the company’s foray into Nigeria, Uganda, and Zambia — three high-potential telecom markets that offer attractive prospects for revenue diversification, operational scalability, and long-term value creation.
Indus Towers, which manages more than 251,773 telecom towers across all 22 telecom circles in India, did not reveal its investment plans in Africa.
Indus Towers, India’s leading telecom tower infrastructure provider, will leverage its strong financial position and long-standing anchor customer relationship with Bharti Airtel to establish a competitive presence in Africa. The expansion aligns with the company’s growth strategy, which includes exploring additional African markets where Airtel already operates.
Prachur Sah, Managing Director & CEO of Indus Towers, said entering African markets will drive long-term growth and shareholder value, leveraging Indus Towers’ expertise to stand out in the region’s rapidly expanding telecom sector.
The Africa Telecom Towers and Allied Market is projected to grow from 217.95 thousand units in 2025 to 273.30 thousand units by 2030, at a compound annual growth rate (CAGR) of 4.63 percent during the forecast period (2025–2030).
The Africa telecom towers market is expected to reach USD 306.70 billion by 2032 from USD 200.41 billion in 2024, growing at a CAGR of 5.44 percent from 2026 to 2032.
Key players include IHS Towers, Helios Towers, American Tower Corporation and Africa Mobile Networks (AMN).
TelecomLead.com News Desk
