Orange is considering strategic options for its African and Middle Eastern mobile towers business, including stake sales, sources said.
Browsing: American Tower Corp
American Tower Corp is buying telecommunication towers in Europe and Latin America from Telefonica for €7.7-billion, signalling a new competitive threat in Europe’s fast-growing tower industry.
Helios Towers plans to use about $450-million in newly raised funds to expand into African countries, reviving an expansion plan that was put on hold by the Covid-19 pandemic.
MTN Group is in advanced talks to sell stakes in tower assets in Ghana and Uganda worth as much as R8-billion as Africa’s largest wireless carrier looks to accelerate a broader disposal plan.
Helios Towers rose 1.8% in London after raising R5.4-billion in a long-delayed share sale that gives investors a foothold in Africa’s fast-growing wireless tower industry.
American Tower Corp has agreed to buy Eaton Towers for R27.2-billion as one of the few international providers of telecommunications infrastructure expands in the fast-growing African market.
Eaton Towers has sold its base station tower portfolio in South Africa to rival American Tower Corp. Eaton said on Wednesday that it has reached an agreement to sell about 300
MTN has entered into discussions with fast-growing pan-African mobile phone tower operator IHS Holding with a view to selling its South African tower portfolio, Bloomberg reported on Thursday. Quoting an unnamed source
Telkom may be planning to sell its network of base stations as it looks to reduce costs, a news report suggested on Thursday. According to news wire agency Bloomberg, Telkom is working
Rwanda is hoping for a boom in business with plans to offer free Wi-Fi-based Internet access nationwide, starting with a roll-out in the capital city, Kigali. The Rwandan government started the city-wide roll-out last month, targeting schools, public buildings, bus stations and hotels in the city first. IT minister