Pan African Towers (PAT), a leading Nigerian telecommunications infrastructure provider, has announced the appointment of Oladipo Badru as its acting Chief Executive Officer.
Badru, previously the company’s Chief Financial Officer, assumed his new role in November 2024, succeeding Azeez Amida, who resigned after serving as Managing Director and CEO for two and a half years.
In a statement, PAT’s Chairman, Adefolarin Ogunsanya, expressed gratitude for Amida’s contributions to the company’s growth. “We wish him well in his future endeavors. Badru will work closely with the executive management team to ensure continuity, and we are confident in his leadership and commitment to our mission,” Ogunsanya said.
Under its new leadership, PAT aims to bolster its position in Nigeria’s competitive telecom tower infrastructure market, currently dominated by IHS Towers, American Tower Corporation (ATC), and Helios Towers.
PAT owns 764 active towers across Nigeria, serving over 1,200 tenants, including mobile network operators (MNOs) like 9mobile, ntel, and Smile Communications, as well as internet service providers (ISPs) like Spectranet and Bitflux.
On November 27, PAT secured undisclosed funding from Development Partners International (DPI) and Verod Capital.
The investment will drive the company’s growth strategy, which includes plans to triple its tower footprint in Nigeria.
PAT also intends to address the country’s significant infrastructure gap by exploring acquisitions and partnerships to expand its market presence.
With Badru at the helm, PAT is poised to take bold steps to enhance its service offerings and support Nigeria’s evolving telecommunications ecosystem.
