Terry Rhodes back on familiar ground: Eaton acquires 3,500 African towers from Airtel
Exclusive interview with Eaton Co-founder; from deal structure and operational transition plans, to improvement capex and the implications for BTS
Congratulations to Eaton Towers and Bharti Airtel on the conclusion of a year-long negotiation, culminating in the announcement of an agreement for Airtel to sell over 3,500 towers in six countries to Eaton. Terry Rhodes, Co-founder and Director of Eaton Towers, is uniquely qualified to discuss the transaction; as a 20 year veteran of African telecoms and as one of the co-founders of Celtel, many of Airtel’s towers were built under Terry’s watch before being sold to Zain then Airtel and now Eaton.
TowerXchange: Respecting the fact that Airtel don’t want to disclose which countries are included, we can deduce from the announcement that the transaction must include Airtel’s towers in Ghana, Uganda and Kenya.