New buyers for Airtel Tanzania towers
SBA Communications and Paradigm Infrastructure are the latest towercos to expand across SSA
Airtel Africa has finally sold its towers in Tanzania. The East African country will be getting its second towerco after a joint venture between SBA Communications and Paradigm Infrastructure inked a deal to acquire the 1,400 sites for US$175mn. SBA Communications is one of the leading towercos of the Americas and Tanzania will be its 15th market globally and second in Africa. Paradigm Infrastructure are a new towerco backed by ex-ATC EMEA executives and this is their first deal. TowerXchange is seeking comment from both parties, but for now here is what we can tell you about the deal.