Telma’s towers for sale

According to Bloomberg, Madagascan telecoms firm Telecom Malagasy (Telma) has asked investment bank Lazard to explore options for the complete disposal of its business or the divestment of its portfolio of 500 towers, believed to be valued at between US$50-70million. Several towercos are said to be interested. Telma recently created one of Africa’s first operator-led…

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