Norton Rose Fulbright is one of the first legal practices to observe the trend for the transfer of tower assets from MNOs to towercos in emerging markets, leveraging excellent relationships with the operators and banks contacts to secure many of the early mandates in African towers. More often found advising operators selling towers and lenders to towercos, Norton Rose Fulbright has advised on tower transactions involving Eaton, Helios Towers Africa, Helios Towers Nigeria and IHS across Africa and advised Tower Bersama on a transaction in Indonesia. They have also advised ABSA on the financing of Cell C for their landmark acquisition deal with American Tower, advised Vodacom Tanzania on their deal with Helios Towers Africa, and advised Etisalat on their recent deal with IHS in Nigeria.