MobiNil announces deal with Eaton for acquisition of around 2,000 towers at a value of US$131.15 million

First North African tower deal could spark more activity in a thus-far dormant MENA market

Read this article to learn:

  • The drivers and details for the MobiNil/Eaton deal
  • The shape of the Egyptian telecoms market and appetite for tower sharing
  • The towerco landscape in Egypt and North Africa
  • The impact a deal of this nature will have on the rest of the region
  • Exclusive snapshot interview on the deal with Eaton CEO, Terry Rhodes

Breaking news Monday 25 July: After the failure to meet the 21 July deadline for conditions laid out in the sale of MobiNil’s towers to Eaton, Orange has decided against extending the deadline and effectively cancelled the agreement to sell the portfolio. _ Congratulations to Eaton Towers on securing 2,000 highly coveted towers from MobiNil…

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