Regulator gives nod to Vodafone Ghana sale
...enterprise services, a digital platform, and a supporter of start-ups in Africa, but isn’t particularly forthcoming about what its activities actually entail, in many cases. It also seems that a...
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American Tower and Cellnex both acquire new allies
Africa. This will bring into play Airtel Africa’s portfolio of sites in Kenya, Niger, Nigeria and Uganda, which American Tower will help to grow. The press release goes to considerable...
Singtel sells US$1.6 billion Bharti stake to fund 5G
...after it announced the US$239 million sale of US-based digital media and advertising subsidiary Amobee. There was also the big Australian towers sale earlier this year. But just to be...
Helios Towers hails revenue growth in H1 2022, driven by M&As
UK-based telecommunications tower company Helios Towers reported today 25% revenue growth YoY in H1 2022 to US$265.4 million, predominantly driven by its acquisition sprees across Africa. Excluding the acquisitions in...
Vodafone Germany results decline for the second quarter in a row
...at group level in the second quarter of this year. This is in line with its expectations and supported by both Europe and Africa as revenues growing by 1.6% YoY,...
Vodafone cites German performance as drag on 2022 results
...Europe and Africa, we are positioned well to manage them and we expect to deliver a resilient financial performance in the year ahead. “Our near term operational and portfolio priorities...
Bharti Airtel plots $16 billion subsidiary spending spree
...of change – some INR880 billion ($11.78 billion) – will go to its Indus Towers joint venture, for the availing of passive infrastructure and related services ahead of the launch...
IHS inks latest, but probably not last, Brazil towers deal
footprint there. IHS, whose towers business is mainly centred in sub-Saharan Africa arrived in Brazil as recently as two years ago, when it acquired Cell Site Solutions. That deal, its...
IHS Towers coughs up $413m for 5,700 MTN sites
Telco tower assets are changing hands at a rapid rate; this week the action is taking place in South Africa. IHS Towers, which boasts more than 30,500 towers spreading from...
Eurobites: Pain in Spain punches hole in Orange's Q1
...interest, tax, depreciation and amortization, after leasing) was down 0.4%, to €3.27 billion. Africa and the Middle East was a bright spot for the operator, with revenues in that business...
Vodafone hikes capex for connectivity and new growth platforms
...five years,” Read said on the operator’s full-year results call, at which he presented a set of mid-term targets that included revenue growth in both Europe and Africa, and mid-single...
Helios moves east with $575 million Omantel site acquisition
Africa-focused telecoms infrastructure specialist Helios Towers has expanded to the Middle East with the acquisition of 2,890 sites from Omantel. Helios has a presence in ten African countries, with a...
Saudi telcos to merge towers and (probably) sell to IHS
towers in Kuwait. The bulk of IHS’s business is in Africa, but it also operates towers in Brazil and elsewhere in South America. The fact that Mobily and Zain have...
Airtel offloads more Africa towers
Bharti Airtel has brokered several more towers deals that will see it sell off 2,500 towers in Africa to passive infrastructure specialist Helios Towers. The India-based operator, which provides mobile...
Orange's TOTEM smaller than expected
Orange has finally announced the creation of an independent European towers company but the new business will have fewer assets than we might have expected. The France-based operator said the...
Vodafone to float tower unit as COVID-19 bites 1.3% out of revenues
...25.4% UK 1,193 (3.2%) Italy 1,120 (6.5%) Spain 920 (6.9%) Ireland 195 (6.7%) Portugal 240 0.8% Greece 199 (8.7%) Africa – Vodacom 940 (11.9%) Turkey 430 (0.9%) Egypt 361 15.3%...
Orange unveils new five-year grand plan
...network infrastructure. We are also going to foster growth beyond connectivity in Europe thanks to three elements which set us apart from our competitors, namely Africa & the Middle East,...
Helios Towers expands footprint into South Africa
Helios Towers has entered into a partnership with Vulatel to form a joint venture to build out wireless and fixed line open-access infrastructure in South Africa. Helios will take a...
American Tower expands in Africa with acquisition of 723 towers
Telkom Kenya has announced it has reached a definitive agreement to sell up to 723 towers to American Tower, expanding the latter’s footprint to a fifth country in Africa. The...
TEOCO selected by IHS Towers for network planning solutions
East will deploy its ASSET tool. IHS Towers (“IHS”) is Africa’s leading mobile infrastructure provider, owning and operating more than 23,100 towers and guaranteeing 99.9% network uptime reliability to a...
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