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Indus Towers’ arm incorporates subsidiary in UAE

20 Dec 2025 Evaluate

Indus Towers’ wholly owned subsidiary -- Indus Towers FZE has incorporated a step-down wholly owned subsidiary in the United Arab Emirates (UAE) namely ‘Indus Towers Management FZE’. The said entity will, inter-alia, consider investment in African markets starting with Nigeria, Uganda and Zambia.

Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.

Peers
Company Name CMP
Bharti Airtel 2096.25
Jio Platforms 1405.75
Vodafone Idea 12.75
Indus Towers 382.00
Tata Communications 1705.10
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