Eaton Towers News

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets. Credit: sokopay.com

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets

From Nigerian fintech to East African fiber, several exciting and diverse companies are emerging as IPO contenders in Africa’s rapidly growing Technology, Media & Telecommunications (TMT) sector, according to specialist news provider TMT Finance.

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.

Eazi Group

Ethos Private Equity pays $97M for control of South African equipment company Eazi Group

Ethos Private Equity Ltd. bought a 65 percent stake in South African equipment rental and sales company Eazi Group Ltd. for 1.6 billion rand ($97 million) in the fifth private-equity investment by its Ethos Fund VI in the past year.

Africa telecoms firm Eaton Towers raises $350M war chest to fund expansion across continent.

Africa telecoms firm Eaton Towers raises $350M to fund expansion across continent

African telecoms company Eaton Towers has raised a $350m war chest to fund expansion across the continent.

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.

Eaton Towers

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.

Mobile Phone User in Africa

Africa's telecoms frontier (Video)

Sub-Saharan Africa is the fastest growing region in terms of mobile subscriptions.

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.