TowerXchange’s analysis of the independent tower market in Africa and the Middle East
For the latest version of TowerXchange’s analysis of the tower industry in Sub-Saharan Africa visit here.
For the latest version of TowerXchange’s analysis of the tower industry in MENA visit here
Q4 2017 saw a major milestone in the region’s tower industry, with the announcement of the Middle East’s first tower deal. Whilst sub-Saharan Africa has seen over 30 tower transactions of scale completed, the announced sale of Zain’s 1,600 towers to IHS Towers, in partnership with Towershare, signifies a new dawn in the Middle East. Exclusive talks are also underway between the three parties regarding Zain’s 8,000 Saudi Arabian towers, with regional investors expressing an interest in putting capital into the venture.