Airtel’s African tower sale: who got what

How Airtel’s 15,000+ African towers will be divided among Africa’s “Big Four” towercos

Read this article to learn:

  • The structure of the Airtel African tower sale and how much capital has been raised
  • Which towerco is acquiring Airtel’s towers in each country
  • The potential knock-on effect for other tower transactions in affected countries

Airtel’s tower sale has driven African towercos to the tipping point; achieving scale and diversification of country and counterparty risk. TowerXchange expect the last of the Airtel African towers to be sold by the end of Q2 2015, raising ~$2.5bn. All the towers have been sold on a pure sale and leaseback basis, with the…

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