Sub-Saharan Africa news
A roundup of tower news across SSA
Regional: Eaton to be acquired by American Tower
American Tower will add Eaton Towers’ 5,510 towers to its global holdings of over 170,000 sites following the announcement of a US$1.85bn acquisition deal, with a per tower value of US$336k. Eaton Towers owns 1,420 sites in Ghana, 1,460 in Uganda, 1,320 in Kenya, 640 in Niger and 670 in Burkina Faso. American Tower will enter Niger and Burkina Faso for the first time, but the deal will lead to consolidation in Ghana, Kenya and Uganda where both American Tower and Eaton are already active. The deal is expected to close before the end of Q4 2019, subject to the usual closing conditions and regulatory approvals.