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Airtel Africa sells towers in Tanzania for USD 175 million

2021-06-02 10:17:00| Telecompaper Headlines

(Telecompaper) Airtel Africa announced the sale of the tower portfolio belonging to Airtel Tanzania to a joint venture company owned by a subsidiary of SBA...

Tags: million africa usd tanzania

 

Airtel Africa offloads Tanzanian towers for $175m

2021-06-02 02:00:00| Total Telecom industry news

Airtel Africa is continuing its broad strategy of passive infrastructure divestment, today announcing that it is selling its Tanzanian towers to a joint venture of SBA Communications Corporation and Paradigm Infrastructure Ltd.   The deal covers around 1,400 mobile towers throughout the country and is set to raise around $175 million…read more on TotalTele.com »

Tags: africa towers tanzanian airtel

 
 

Helios expands to Middle East in deal to acquire Omantel towers for USD 575 mln

2021-05-11 09:05:00| Telecompaper Headlines

(Telecompaper) Helios Towers announced an agreement to acquire Omantel's passive tower infrastructure portfolio of 2,890 sites for USD 575 million cash...

Tags: east middle deal middle east

 

Helios Towers invests $200m in Senegal as African expansion continues

2021-05-07 02:00:00| Total Telecom industry news

Over the last year, Helios Towers has been seeking to expand rapidly throughout Africa. Back in September 2020, part of this expansion was realised with the purchase of 1,200 towers from Senegalese operator Free for €160 million.    “This agreement is aligned perfectly with our 2025 strategic ambitions, broadening our footprint within the African towers infrastructure market,&rdquo…read more on TotalTele.com »

Tags: continues african expansion senegal

 

CDPQ takes 1.6 billion stake in American Towers European business

2021-05-05 02:00:00| Total Telecom industry news

Today, American Tower Corporations (ATC) has announced that they have struck a deal with Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) for the sale of a 30% stake in their European business, ATC Europe.  The transaction will be for €1.6 billion, giving ATC Europe a total valuation of €8.8 billion. ATC will retain managerial and operational control of ATC Europe…read more on TotalTele.com »

Tags: business american takes european

 

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