Home › Airtel Africa plans tower sales to reduce USD 3.5 bln debt
 

Keywords :   


Airtel Africa plans tower sales to reduce USD 3.5 bln debt

2020-11-09 09:55:00| Telecompaper Headlines

(Telecompaper) Airtel Africa plans to sell about 4,500 telecommunication towers in five countries including Tanzania and Madagascar to help reduce USD 3.5 billion of debt and prepare for bond repayments, Bloomberg reported. The operator is also disposing of mobile masts in Gabon, Malawi and Chad, CEO Raghunath Mandava told Bloomberg in an interview. Mandava said Airtel is constantly seeking to bring down debt, and prefers to do so even faster with the tower deals.

Tags: sales plans reduce africa

Category:Telecommunications

Latest from this category

All news
12.12AI in Financial Services 2025: Turning Intelligence Into Impact
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
Telecommunications »
18.12Cold-weather cow care resources
18.12Chart malarkey
18.12California Company Prints 3D Homes from Waste
18.12Slow hog slaughter, disease impact Q4 pork production trends
18.12Insurers told to make policies easier to understand
18.12Insurers told to make policies easier to understand
18.12Grant boosts K-State biosecurity center's animal disease training
18.12Soup kitchen serves 120 meals in 16 minutes
More »