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Airtel sells tower assets in Zambia, Rwanda to IHS
2014-12-15 09:43:00| Telecompaper Headlines
(Telecompaper) Airtel has announced an agreement under which IHS will acquire over 1,100 telecoms towers in Zambia and Rwanda under a ten-year renewable contract. The deal will enable IHS to expand its African tower footprint to over 21,000 across five countries. The agreements will allow Airtel to focus on its core business and customers, enable it to reduce debt, and will significantly lower its capital expenditure on passive infrastructure.
Tags: assets
tower
zambia
rwanda
Category:Telecommunications