Five Airtel tower transactions close: Nigeria, Uganda, Congo Brazzaville, Rwanda and Ghana

American Tower, IHS, Helios Towers Africa and Eaton Towers all close deals with Bharti Airtel for African towers worth over US$1.3bn

Read this article to learn:

  • Which Airtel tower deals in Africa have closed
  • Which deals are expected to close in the coming months
  • Tower counts and valuations
  • Which towers Airtel plans to retain
  • Tower market overviews for the countries in which deals have been closed

A raft of Airtel African tower acquisitions, announced in 2014, have recently closed. Five transactions have been confirmed in recent weeks, raising over US1.3bn, of which the sale of approximately 4,700 Nigerian towers to American Tower Corporation accounts for US$1.09bn. Of the tower transactions in thirteen countries announced last year, five have now closed. However…

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