The sale of sub-Saharan Africa’s tier two MNO tower portfolios begins

M&A Capital backed Al Karama Towers acquires Expresso Telecom’s 450 Senegalese sites and targets an underexplored niche on the continent

Read this article to learn:

  • How the sale of Expresso Telecom’s 450 towers in Senegal came about
  • Details of Al Karama Towers including its investors and management team
  • The size of the Senegalese tower industry, the culture of infrastructure sharing, BTS opportunities and why there exists significant co-location potential
  • The potential for further tower divestments in Senegal
  • Al Karama Towers’ ambitions to acquire further tier two MNO tower portfolios across sub-Saharan Africa

To date, potential tower divestments by tier two operators in sub-Saharan Africa have failed to attract the interest of the continent’s towercos. The sale of Expresso Telecom’s 450 Senegalese towers to newly formed towerco, Al Karama Towers, represents a landmark transaction for two reasons. Not only is it the first tower deal in Senegal, but…

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