Browsing: American Tower Corp

Cell C’s decision last year to sell its base stations to US company American Tower Corp (ATC) could smooth the entry of new wireless operators later this year, paving the way for more robust broadband competition

Tower sharing should prove a boon for SA Internet service providers wanting to roll out out their own broadband wireless infrastructure later this year. That’s the view of Pieter Nel

Less than a month after winning a deal to buy the passive components of Cell C’s national tower infrastructure, US company American Tower Corp (ATC) has won signed another big African

There’s no end to the news flow in SA’s telecommunications industry. The big news this week is the new joint venture between Cell C, Convergence Partners and Dimension Data’s Internet Solutions, FibreCo, which will build a national transmission network at an eventual cost of R5bn.

It’s a deal that’s been a long time coming. After many months of careful planning and negotiation, Cell C will sell 3 200 of its cellular base stations to US-based American Tower Corp (ATC) for US$430m (R2,9bn). The company will use the money to restructure its balance sheet.