Independent cellphone tower operator Eaton Towers has secured US$150m in equity funding from Capital International Private Equity Funds (Cipef), a private equity investor that focuses on emerging markets. The funding will be used to acquire, build and
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UK-based tower infrastructure company Eaton Telecom has opened an office in Tanzania. Eaton, founded by three top-level telecommunications industry executives, has had its sights set on the booming African mobile market for some time. The company builds, buys and manages base stations on behalf of cellular operators, a business that is starting to gain traction with African operators.
Few people have heard of Eaton Telecom, but that looks set to change soon. The UK-based company, founded by three…
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