BMI industry trend analysis - MTN fine the catalyst for South African tower sales
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

BMI industry trend analysis - MTN fine the catalyst for South African tower sales

bmi-south-africa-feature.png

The potential evolution of tower transactions in Africa’s most developed mobile market

MTN’s multi-billion dollar fine in Nigeria will force the operator to advance its plans to sell its towers in South Africa. Smaller operators will likely follow suit, but Vodacom’s strong financial and competitive position mean it has little need to sell its towers, too. Competitive bidding between four major tower companies for access to the region’s most developed market will ensure high valuations.

The vast majority of towers in South Africa remain operator-captive. In 2010, third mobile operator Cell C sold 1,400 towers to American Tower Corporation (ATC) and TowerXchange estimates that Eaton Towers has built 170 towers in the country.


UNLOCK THIS ARTICLE

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

To unlock this article:

Subscribe Login
Gift this article