New Delhi, Sept. 2 -- Indus Towers Ltd, a subsidiary of Bharti Airtel, on Tuesday said that it will expand its footprint in the African markets, beginning with Nigeria, Uganda, and Zambia.
The announcement assumes significance as Bharti Airtel already has a strong presence in 14 countries across Africa, with its arm Airtel Africa serving 166.1 million consumers as of March-end.
"Recognizing the growth potential in emerging geographies, the Board has approved the company's foray into African markets, beginning with Nigeria, Uganda, and Zambia," Indus Towers said in an exchange filing.
"These markets offer attractive prospects for revenue diversification, operational scalability, and long-term value creation," the company said, adding th...
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