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.
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
MTN has moved to play down a report that suggested it has entered into “formal discussions” to sell as many as half of its South African base stations to tower management company American Tower Corp. International telecommunications investment information website
Independent telecommunications tower operator, Nigerian-founded IHS Group, believes that half of the 170 000 base stations built by mobile operators in Africa will be considered for outsourcing within the next three to five years as pressure
MTN SA is considering selling as much as half of its base station infrastructure in SA to improve the efficiency of its capital structure, says MD Karel Pienaar. “We have been looking at this for a long time,” according to Pienaar, who says the company is weighing the economic pros and cons of selling the towers
Dimension Data division Internet Solutions (IS) has signed a five-year contract with the SA arm of American Tower Corporation (ATC) in terms of which it will use ATC’s towers to offer wireless solutions. IS says the deal will “position it” to offer fourth-generation (4G) broadband services when these become