Bharti Airtel sells 3,500 Africa towers to Eaton for almost $1B, following recent Helios Towers deal

India’s Bharti Airtel Ltd has agreed to sell more than 3,500 of its mobile phone masts in six African countries to telecommunications tower company Eaton Towers in a bid to cut costs, the companies said on Monday.

Bharti Airtel will lease back the towers from Eaton under a 10-year contract, the companies said in a statement.

Read more: Bharti Airtel to sell over 3,500 African mobile phone masts to Eaton Towers | Reuters.

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