American Tower’s acquisition of Airtel’s Tanzanian Towers: TowerXchange deal analysis

American Tower joins Helios Towers Africa in one of Africa’s most investible tower markets

Read this article to learn:

  • Airtel’s history of selling towers in Africa
  • Growth projections for the Tanzanian mobile industry
  • Who owns Tanzania’s 8,800 towers?
  • Details of the recent tower sale in Tanzania including deal value, tenancy ratios and forecasted revenue for American Tower
  • How the transaction will affect the country’s build to suit market

On 21 March, Bharti Airtel announced they had reached a deal with American Tower Corporation to sell their 1,350 Tanzanian towers. The deal, which is expected to close in H1 FY16, had a purchase price of US$179mn, representing an average cost per tower of US$132.6k. Under the terms of the agreement, Airtel will be the…

Towercos and MNOs are entitled to a free subscription. Please login with your usual credentials or apply for a new account.

This content is for Subscribers only

To read the full article either login below or follow the link to subscribe.

Log In Subscribe

Announcing an enhanced TowerXchange Journal – subscribe now!

Our new improved offering will allow you to access the insight and analysis you have come to rely on from TowerXchange – but in a format that suits you.

We would love you to continue to receive the TowerXchange Journal by subscribing, and to contribute to the knowledge sharing and information resource we have built up in the form of over 2.5mn words of research and almost 1,000 CXO interviews. An individual subscription costs GBP£2,500 per year, with corporate subscriptions priced according to scale.

Subscribe now