MTN’s passive infrastructure monetisation strategy
TowerXchange is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

MTN’s passive infrastructure monetisation strategy

mtn1.png

MTN has raised ~US2.5bn to date, retaining equity in selected markets. With assets transferred to towercos in seven MTN countries to date, what’s left?

MTN has monetised their towers in seven sub-Saharan African countries – representing the majority of the most attractive portfolios to towercos. While Airtel concluded a portfolio asset sale, albeit to multiple counterparts, MTN has proceeded one country at a time – raising a similar amount to Airtel, albeit with MTN’s prized tower assets in South Africa as yet retained. In this article, TowerXchange summarises MTN’s tower transactions to date, and once again asks “what’s left?” MTN has disposed of the majority of their most attractive tower assets, raising an estimated US$2.5bn+ whilst retaining equity stakes in joint venture towercos in selected markets.


UNLOCK THIS ARTICLE

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Subscribe Login
Gift this article