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Indus Towers Limited ( (IN:INDUSTOWER) ) has provided an announcement.
Indus Towers Limited has announced the incorporation of a wholly owned subsidiary, Indus Towers FZE, in the United Arab Emirates. This strategic move aims to facilitate investments in commercial enterprises and management, with an initial focus on expanding into African markets such as Nigeria, Uganda, and Zambia. The establishment of this subsidiary is expected to enhance Indus Towers’ operational capabilities and market reach, potentially impacting its industry positioning and offering new opportunities for stakeholders.
More about Indus Towers Limited
Indus Towers Limited operates in the telecommunications infrastructure industry, primarily providing tower and related infrastructure services. The company focuses on supporting mobile network operators with the necessary infrastructure to enhance connectivity and network coverage.
Average Trading Volume: 269,612
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1096.5B INR
See more insights into INDUSTOWER stock on TipRanks’ Stock Analysis page.