Read this article to learn:
- Why MobiNil chose Eaton Towers as their counterparty for the deal
- What tower sharing deals exist in Egypt already and how bilateral swaps will be affected by the deal
- How political and economic changes in Egypt affected the length of the process and the complexity of the deal
- MobiNil’s expectations for future deal structures
MobiNil’s deal with Eaton Towers in April 2015 consisted of around 30% of their portfolio (up to 2,000 towers) and raised up to US$131mn. As the first tower deal in the MENA region, all eyes will be on MobiNil and Eaton as the deal progresses to work out which models will work in the region….