France’s Orange has signed a deal to allow tower operator IHS to oversee more than 2 000 of its towers in the West African markets of Côte d’Ivoire and Cameroon. Though Orange will continue to own the towers, IHS will manage them for the next 15 years Surplus space on
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
Although the African telecommunications industry has enjoyed significant growth in the past decade, with operators that capitalised on it generally mostly healthy returns on their investments, there is still the opportunity for far more growth, particularly for those who know where
MTN Group has reached an agreement to sell as many as 931 base stations in Cote d’Ivoire and 827 base stations in Cameroon to IHS Holding Limited for US$141m and $143m respectively, for a total transaction of $284m (R2,4bn). Under the deal, HIS will be the 100% shareholder of the tower companies to be set up in
