tag: towers

Abertis announces IPO of €3.5bn Cellnex Telecom subsidiary

Spanish infrastructure player Abertis has formally announced the IPO of its telecoms operations, a manoeuvre made possible by spinning it off to form the wholly-owned subsidiary – Cellnex Telecom – at the start of this month.

American Tower Corp buys Airtel’s Nigeria towers

American Tower Corp has announced it is toacquire Bharti Airtel’s Nigerian towers, marking the firm’s first entrance to the country’s market. Under the deal Airtel will however have a tenancy of the 4,800 towers for at least 10 years.

Emerging market tower specialist raises $630m

African telecoms tower specialist Helios Towers has raised $630m in new investment, supporting its claims that there is huge potential in the African market for tower sharing and management.

TIM Brasil considering tower sale; 700MHz bid

Telecom Italia’s Brazilian operation, TIM Brasil, is considering offloading its cell tower infrastructure in a bid to unlock more value from the assets and make the company more efficient.

Vodacom Tanzania sells tower assets

Mobile tower outsourcing in Africa continues apace with Vodacom Tanzania on Monday striking a deal to offload its entire tower network to Helios Towers and rent access back.

Vodafone Ghana outsources tower management

Vodafone Ghana said Tuesday it has signed a ten year contract with African tower company Eaton Towers, to take over the operations and co-location management of 750 telecom towers for the Ghanaian operator.

Essar sells Indian cell tower unit

Wireless infrastructure operator American Tower Corporation (ATC) said Wednesday it has agreed to acquire a further 4,450 wireless communications sites in India via the purchase of Essar Telecom Infrastructure.

Aircel offloads Indian cell towers

Indian communications infrastructure operator GTL Infrastructure is to take over the tower assets of local carrier Aircel in a deal valued at $1.84bn.


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