Fitch Solutions: How attractive are Airtel Africa’s remaining towers?

A deeper look into the five key African markets in which Airtel Africa retains ownership and control of its towers

Read this article to learn:

  • Airtel’s market position across Africa
  • Insights into the five countries of Airtel Africa’s five main remaining tower markets
  • The relative attractiveness of its towers in Chad, Gabon, Madagascar, Malawi, Tanzania
  • Implications of a tower sale for Airtel Africa’s IPO

Four years ago Airtel Africa successfully sold its towers in eleven markets but, conspicuously, failed to sell its passive infrastructure in Chad, Gabon, Madagascar, Malawi and Tanzania. With an IPO in the offing, the arguments for disposing of its capex-intensive towers are as strong as the arguments for keeping them, even if only in the…

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