American Tower News

Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp

Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp

Bharti Airtel Ltd, the world’s third largest communications services provider, has signed an agreement with American Tower Corp., to sell approximately 1,350 towers in Tanzania.

MTN in talks with IHS to sell towers for as much as $2 billion

MTN in talks with IHS to sell South Africa towers for as much as $2 billion

MTN Group Ltd. has begun talks with phone-tower operator IHS Holding Ltd. over South African towers the wireless carrier is seeking to sell in a deal valued at as much as $2 billion, according to a person familiar with the matter.

A pedestrian checks his mobile handset as he passes a giant logo outside the headquarters of MTN Group Ltd. in Johannesburg. Photographer: Nadine Hutton/Bloomberg

American Tower Is Said to Eye MTN's South African Assets

MTN Group Ltd., Africa’s largest wireless carrier, has received interest from American Tower Corp. for at least a part of the network of about 9,000 towers it’s selling in South Africa, according to people familiar with the matter.

Miller beer by SABMiler

M&A activity heats up in Africa as investors bet on growth

Concerns on the scale of the Ebola crisis, current levels of political unrest and plunging commodity prices would have sent investors rushing out of Africa not long ago.

Airtel Towers

Airtel agrees to sell 4,800 Nigerian towers to American Tower Corporation

American Tower Corporation and Airtel have entered into a definitive agreement for the sale of over 4,800 of Airtel’s communications towers in Nigeria.

Tower sharing in Africa

Helios Towers Africa Raising almost $1B for regional expansion

Helios Towers Africa, the owner of telecommunications towers in three countries on the continent, is raising almost $1 billion in capital to expand in the region, Chief Financial Officer Andres de Orleans Borbon said.