Cancellation of MENA’s first major tower transaction

TowerXchange’s analysis of the Egyptian tower industry and the cancelled Orange - Eaton Towers deal

Read this article to learn:

  • The size and shape of the Egyptian mobile market and tower industry
  • Developments in the award of 4G licenses
  • Details of the original Mobinil – Eaton Towers transaction
  • Reasons behind the termination of the agreement and potential influencing factors
  • How the market may now evolve

In April 2015, Eaton Towers announced the first tower transaction in MENA, striking a deal with Mobinil (now Orange) for the sale and leaseback of over 2,000 Mobinil towers. Fast forward to July 2016 and the deal is off, with Orange failing to extend the longstop date for completion of the transaction. TowerXchange take a…

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