American Tower

Vodafone India completes €478mn tower sale

Vodafone has announced the completion of the sale of its Indian tower business to American Tower in a move to build the spreadsheets in preparation for the Jio battle.

Millicom offloads Colombian towers

Developing markets operator Millicom International Cellular, said Monday that its Colombian subsidiary had agreed to sell 2,126 cell towers to America Tower for $182m in cash.

MTN starts up tower sharing firm in Ghana

Pan-African carrier MTN has followed Vodafone’s lead in Ghana, embarking upon a tower sharing venture with specialist firm American Tower Corporation. MTN Ghana and American Tower are to establish a joint venture, TowerCo Ghana, to be 51 per cent held by American and 49 per cent held by MTN, with the operator as the anchor tenant, on commercial terms, on each of the towers being purchased.

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.