Indus Towers Limited — JV/Acquisition, 20-01-2026: Acquisition

Indus Towers is strategically expanding its global presence by incorporating **Indus Infra Uganda Limited**, a 100% owned step-down subsidiary in Uganda. The new entity, capitalized with **UGX 2 billion**, is specifically designed to establish, operate, and maintain telecommunication towers and related infrastructure. This move represents a significant **geographic expansion** for Indus Towers, positioning the company to replicate its core business model and tap into the burgeoning telecom market in Uganda, indicating potential for future operational growth and market penetration.